Michael Berfield

Owner

(NYC’s “Market Value,” 50% or less of actual value)

$74.8 million – retail 100%; Brooklyn 100%, Manhattan 0%

689th largest portfolio by dollar value

380,805 sqft – retail 100%;

739th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

155th largest

Buyer signatory: 0 for $0

Seller signatory: 1 for $6.5 million

Borrower signatory: 1 for $7.5 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 30,699 square feet

Avi Liebermanb (1), Barbara Becker (1), John Chescavage Sr. (1), Susan Diiorio (1), Christine Diiorio (1), Maria D. Cirillo (1)

• Michael Berfield filed plans for Full Demolition for 30,699 sqft in Crown Heights, Brooklyn, on June 02, 2023.

• Bridges Development Group sold 59-25 Maurice Avenue, Maspeth, Queens for $6.5 million to Home Depot on May 05, 2023.

• Michael Berfield borrowed $7.5 million from TD Bank for 59-01 Maurice Avenue, Maspeth, Queens on May 02, 2023.

• Bridges Development Group borrowed $36 million from Israel Discount Bank for 5200 Kings Highway, East Flatbush, Brooklyn on January 31, 2022.

• Bridges Development Group borrowed $68.1 million from Wells Fargo for 8973 Bay Parkway, Gravesend, Brooklyn on January 07, 2022.

• Maria D. Cirillo sold 1608 Shore Parkway, Gravesend, Brooklyn for $11.1 million to Bridges Development Group on December 30, 2021.

• Susan Diiorio sold 1608-1644 Shore Parkway, Gravesend, Brooklyn for $14 million to Bridges Development Group on July 23, 2021.

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