Joseph Seidenfeld

Timber Equities

Developer, Owner

LinkedIn

Timber Equities portfolio

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

$5 million – elevator 56.0%, V1 16.0%; Bronx 70.0%, Manhattan 29.0%

3751th largest portfolio by dollar value

40,751 sqft – elevator 94%, V1 5%;

3148th largest by SF

5 properties – Manhattan 60%, Bronx 40%

152th largest

55 residential units – Bronx 100%, Manhattan 0%

743th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 3 for $84.3 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Bank Hapoalim (2), Webster Bank (1), Neil Fink (1)

Top Ten Associated People:

Daniel De Diego (1), Neil Fink (1)

Recent activity as signatory:

• Timber Equities borrowed $21 million from Bank Hapoalim for 5055 Broadway, Inwood, Manhattan on August 01, 2024.

• Timber Equities borrowed $44 million from Bank Hapoalim for 168-174 West 225th Street, Marble Hill, Manhattan on November 08, 2023.

• Timber Equities borrowed $19.3 million from Webster Bank for 2395 Palisade Avenue, Spuyten Duyvil, Bronx on February 13, 2023.

• Neil Fink sold N/A Frederick Douglass B, None, Manhattan for $2.4 million to Timber Equities on November 30, 2022.

Litigation:

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