Reggie Kronstadt
MAG Partners
MAG Partners|Krown Point Capital|Reggie Kronstadt|Krown Point Capital|MAG Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$28.4 million – walkup 45.0%, A4 36.0%; Manhattan 100.0%, Bronx 0.0%
1343th largest portfolio by dollar value
50,572 sqft – walkup 67%, mixed-use 19%;
2808th largest by SF
10 properties – Manhattan 100%, Bronx 0%
147th largest
38 residential units – Manhattan 100%, Bronx 0%
760th largest by residential units
Top Ten Associated Companies:
Georgetown Partners (1), Greystone Development (1), Tree of Life Fellowship (1)
Top Ten Associated People:
Mark H. Lundy (1), Thomas Ryan (1), Mayer Rabinowitz (1)
Recent activity as signatory:
• Tree of Life Fellowship sold 306 East 50th Street, Turtle Bay, Manhattan for $5.2 million to Krown Point Capitaland MAG Partners on February 04, 2022.
• Georgetown Partners sold 300 East 50th Street, 928 2nd Avenue, 930 2nd Avenue, 932 2nd Avenue, and 308 East 50th Street, Turtle Bay, Manhattan for $4.5 million to MAG Partnersand Krown Point Capital on January 31, 2022.
• Greystone Development sold 932 2nd Avenue, Midtown, Manhattan for $9 million to Reggie Kronstadt on November 08, 2021.
• Reggie Kronstadt filed plans for new building for 124,031 sqft in Turtle Bay, Manhattan, on October 22, 2021.