David Levine

(David J. Levine)

Norse Realty Group

Owner

2001 Marcus Avenue, Suite W183 Lake Success, NY 11042

LinkedIn

Norse Realty Group portfolio

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

$11.2 million – mixed-use 100%; Brooklyn 59%, Queens 40%

2456th largest portfolio by dollar value

49,248 sqft – mixed-use 100%;

2846th largest by SF

2 properties – Brooklyn 50%, Queens 50%

155th largest

Person Activity past 24 months:

Buyer signatory: 1 for $24.5 million

Seller signatory: 0 for $0

Borrower signatory: 3 for $34.1 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Carlos P. Naudon (1), John Feijoo (1), Benjamin Li (1), Michael A. Guarino (1), Ernest Gozenput (1), Marc Kwestel (1), Corinne M. Mullen (1), Moshe Tropper (1), Hillel Tropper (1), Nancy Zink O’Connor (1)

Recent activity as signatory:

• Norse Realty Group borrowed $6.4 million from Flushing Bank for 1714-1726 Kings Highway, Sheepshead Bay, Brooklyn on April 22, 2024.

• PAR Group borrowed $20 million from Webster Bank for 99 Granite Street and N/A Evergreen Avenue, Bushwick, Brooklyn on October 13, 2023.

• David Levineand Lily Schwartz borrowed $7.7 million from JPMorgan Chase for 36 Bank Street, West Village, Manhattan on August 11, 2023.

• Extell Development sold 533 West 27th Street, Chelsea, Manhattan for $24.5 million to Silvera Properties on June 13, 2023.

• Raymond Nessim sold 50 West 47th Street, Midtown West, Manhattan for $1.8 million to Ernest Gozenput on December 08, 2022.

• Norse Realty Group sold 5102 13th Avenue, Borough Park, Brooklyn for $13.2 million to Metropolitan Commercial Bank on July 20, 2022.

• Sese Realty Corp sold 64-70 Maurice Avenue, Maspeth, Queens for $5.5 million to Benjamin Li on March 16, 2022.

• Ponce Bank sold 37-60 82nd Street, Jackson Heights, Queens for $11.8 million to Norse Realty on January 06, 2022.

• Norse Realty borrowed $7.5 million from New York Community Bank for 37-60 82nd Street, Jackson Heights, Queens on January 06, 2022.

• Moshe Tropper sold 906 Wortman Avenue, East New York, Brooklyn for $35.5 million to Blackstone Group on December 20, 2021.