Justin Stern
Manatus Development Group
Manatus Development Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$20.1 million – condo 100%, O2 0%; Bronx 62%, Brooklyn 37%
1717th largest portfolio by dollar value
184,348 sqft – condo 63%, O2 36%;
1273th largest by SF
8 properties – Brooklyn 62%, Bronx 37%
149th largest
37 residential units – Brooklyn 100%, Manhattan 0%
761th largest by residential units
Top Ten Associated Companies:
Barclays (1)
Recent activity as signatory:
• Manatus Development Group borrowed $38 million from Barclays for 362 Courtlandt Avenue, 362 Courtlandt Avenue, and 362 East 148th Street, Mott Haven, Bronx on August 10, 2021.
• Justin Stern filed plans for new building for 56,411 sqft in Mott Haven, Bronx, on February 06, 2018.