Gregg Schenker

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

$43.7 million – office 70%, industrial 13%; Manhattan 63%, Queens 36%

1019th largest portfolio by dollar value

140,796 sqft – office 82%, industrial 14%;

1519th largest by SF

6 properties – Manhattan 50%, Queens 50%

151th largest

0 foreclosures, 0 bankruptcies, 5 other court cases.

Buyer signatory: 0 for $0

Seller signatory: 1 for $6.7 million

Borrower signatory: 1 for $16 million

Lender signatory: 0 for $0

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

John Stroligo (1), J. Dean Amro (1), Ronnie Stause (1)

• GFP Real Estateand Nathan Silversteinand Gregg Schenkerand Sorgente Group sold 175 Fifth Avenue, Flatiron District, Manhattan for $6.7 million to Brodsky Organizationand GFP Real Estateand Sorgente Group on November 09, 2023.

• ABS Partners Real Estate borrowed $16 million from TD Bank for 246 Canal Street, Chinatown, Manhattan on October 04, 2023.

• ABS Partners Real Estate borrowed $23.5 million from Cerco Funding for 695 Lexington Avenue, Midtown East, Manhattan on March 15, 2022.

• Ronnie Stause sold 31-59 Steinway Street, Astoria, Queens for $4.5 million to ABS Partners Real Estate on February 12, 2021.

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