Philip Loria
The L Group
Owner
18-33 41st Street Astoria, New York 11105
Loria & Associates
The L Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$11 million – mixed-use 52%, elevator 47%; Queens 100%, Manhattan 0%
2487th largest portfolio by dollar value
89,930 sqft – elevator 57%, mixed-use 42%;
2038th largest by SF
2 properties – Queens 100%, Manhattan 0%
155th largest
72 residential units – Queens 100%, Manhattan 0%
726th largest by residential units
Other Links:
http://lorialaw.com/www.lorialaw.com/index.html
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $17.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Ponce Bank (2), Starwood Capital Group (1), East West Bank (1)
Top Ten Associated People:
Carlos P. Naudon (1), Steven A. Tsavaris (1)
Recent activity as signatory:
• Salvatore Luccheseand Philip Loria borrowed $10.3 million from Ponce Bank for 26-50 Borough Place, Woodside, Queens on October 23, 2023.
• Philip Loriaand Salvatore Lucchese borrowed $7 million from Ponce Bank for 18-39 41st Street, Ditmars Steinway, Queens on February 16, 2023.
• Philip Loria borrowed $12 million from Starwood Capital Group for 25-22 30th Drive, Astoria, Queens on June 17, 2021.
• Sanford Petropoulos borrowed $6.1 million from East West Bank for 25-28 30th Drive, Astoria, Queens on April 20, 2021.