Erik Ekstein
Ekstein Development Group
Ekstein Development Group|E+T Development Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$38.7 million – elevator 99.0%, None 0.0%; Queens 71.0%, Brooklyn 28.0%
1103th largest portfolio by dollar value
290,767 sqft – elevator 100.0%, None 0.0%;
896th largest by SF
6 properties – Queens 50%, Brooklyn 33%
151th largest
386 residential units – Brooklyn 57.0%, Queens 42.0%
445th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $51.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Citibank (2), Walker & Dunlop (1), JLL (1), Man Real Estate Debt Investments (1), Spruce Capital (1)
Top Ten Associated People:
William Marcus Duley (1), Alyssa D. Berquam (1)
Recent activity as signatory:
• Ekstein Development Group borrowed $32.5 million from JLL for 44-80 11th Street and 10-44 44th Drive, Long Island City, Queens on November 27, 2023.
• Ekstein Development Group borrowed $18.6 million from Walker & Dunlop for 46-09 11th Street, Long Island City, Queens on February 14, 2023.
• Erik Ekstein filed plans for new building for 55,812 sqft in Bedford Stuyvesant, Brooklyn, on March 11, 2022.
• Ekstein Development Group borrowed $9.1 million from Citibank for 1389 Broadway, Bushwick, Brooklyn on August 19, 2020.
• Ekstein Development Group borrowed $16.9 million from Citibank for 1389 Broadway also known as 8 Palmetto Street, Bushwick, Brooklyn on May 06, 2020.
• Ekstein Development Group borrowed $62 million from Man Real Estate Debt Investments for 30 East 31st Street, Nomad, Manhattan on December 31, 2019.
• E+T Development Group borrowed $11.3 million from Spruce Capital for 1325 Broadway, Bushwick, Brooklyn on December 10, 2019.
• Erik Ekstein filed plans for new building for 103,378 sqft in Bushwick, Brooklyn, on July 30, 2018.
• Erik Ekstein filed plans for new building for 102,165 sqft in Bushwick, Brooklyn, on April 30, 2018.
• Erik Ekstein filed plans for new building for 71,717 sqft in Park Avenue South, Manhattan, on February 12, 2015.
Latest Stories:
• Ekstein Development adds $9M in debt for construction project in Bushwick August 20, 2020
• Ekstein Development borrows $17M from Citibank for new development in Bushwick May 07, 2020