Eddie Yair

Lay Assets

Developer, Owner

2812 Kings Highway, # 7A Brooklyn, New York 11229,

Lay Assets portfolio

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

$38.7 million – elevator 63%, condo 17%; Brooklyn 100%, Manhattan 0%

1104th largest portfolio by dollar value

164,944 sqft – elevator 74%, condo 21%;

1380th largest by SF

12 properties – Brooklyn 100%, Manhattan 0%

145th largest

290 residential units – Brooklyn 100%, Manhattan 0%

517th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 3 for $90 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 98,948 square feet

Top Ten Associated Companies:

Valley National Bank (7), S3 Capital (1), Emerald Creek Capital (1), Henry A. Alpert (1)

Top Ten Associated People:

Joshua Crane (1), Declan Meagher (1), Harris Schornstein (1), Henry A. Alpert (1)

Recent activity as signatory:

• Lay Assets borrowed $48 million from S3 Capital for 1210 Ocean Parkway, Midwood, Brooklyn on November 13, 2024.

• Lay Assets borrowed $30 million from Emerald Creek Capital for 1775 Coney Island Avenue, Midwood, Brooklyn on August 28, 2024.

• Eddie Yair filed plans for new building for 98,948 sqft in Midwood, Brooklyn, on November 03, 2023.

• Lay Assets borrowed $12 million from Valley National Bank for 1220 Ocean Parkway, 1214 Ocean Parkway, 1206 Ocean Parkway, 1210 Ocean Parkway, and 1202 Ocean Parkway, Midwood, Brooklyn on May 05, 2023.

• Lay Assets borrowed $10.3 million from Valley National Bank for 1730 Ocean Avenue, Midwood, Brooklyn on December 08, 2022.

• Lay Assets borrowed $25.8 million from Valley National Bank for 1769 Coney Island Avenue, Midwood, Brooklyn on May 25, 2022.

• Lay Assets borrowed $14.8 million from Valley National Bank for 2812 Kings Highway, 2812 Kings Highway, and 2812 Kings Highway, Sheepshead Bay, Brooklyn on August 19, 2021.

• Lay Assets borrowed $14.6 million from Valley National Bank for 2727 Homecrest Avenue, Brooklyn, Brooklyn on June 03, 2021.

• Lay Assets borrowed $5.5 million from Valley National Bank for 1730 Ocean Avenue, Midwood, Brooklyn on February 16, 2021.

• Eddie Yair filed plans for new building for 59,559 sqft in Midwood, Brooklyn, on January 12, 2021.