Seth Weissman

Urban Standard Capital

Urban Standard Capital|Urban Standard Development|Gregory Harvey|USC Conway BK portfolio

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

$13.7 million – mixed-use 61%, walkup 22%; Manhattan 58%, Brooklyn 38%

2195th largest portfolio by dollar value

42,753 sqft – walkup 50%, mixed-use 39%;

3067th largest by SF

11 properties – Brooklyn 54%, Manhattan 36%

146th largest

88 residential units – Brooklyn 50%, Bronx 45%

710th largest by residential units

1 foreclosure, 1 bankruptcy, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 4 for $7.8 million

Seller signatory: 2 for $10.4 million

Borrower signatory: 2 for $18.5 million

Lender signatory: 8 for $140.7 million

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

Top Ten Associated Companies:

Peter Matera (2), Margaret Matera (2), John Matera (2), Berel Farkas (2), Second Lots Development (1), LTNG (1), Red Rock Investments (1), TD Bank (1), OakNorth Bank (1), Simone Politidis (1)

Top Ten Associated People:

Vincent Del Vecchio (2), Berel Farkas (2), Josef L. Goodman (1), Oded Ben-Nun (1), Amnon Parizat (1), Marc Kaufman (1), Benjamin Philip Wulwik (1), Simone Politidis (1), Nigel Boyden (1), Lee Cohen (1)

Recent activity as signatory:

Berel Farkas borrowed $17.5 million from Urban Standard Capital for 664 New York Avenue, 664 New York Avenue, and 664 New York Avenue, East Flatbush, Brooklyn on December 13, 2024.

Berel Farkas borrowed $17.5 million from Urban Standard Capital for 664 New York Avenue, 664 New York Avenue, and 664 New York Avenue, East Flatbush, Brooklyn on December 13, 2024.

Astral Weeks borrowed $19 million from Urban Standard Capital for 80 West Broadway, Financial District, Manhattan on December 11, 2024.

Allied Realty & Development borrowed $7.7 million from Citizens Bank for 1105 Lexington Avenue, Lenox Hill, Manhattan on November 07, 2024.

Two80 Real Estate Ventures borrowed $6.5 million from Urban Standard Capital for 105 Haven Avenue, Washington Heights, Manhattan on October 01, 2024.

Corlears School borrowed $11 million from Urban Standard Capital for 322-326 West 15th Street, Chelsea, Manhattan on September 30, 2024.

LTNG borrowed $5.3 million from SME Capital for 76 North 8th Street, Williamsburg, Brooklyn on August 13, 2024.

Haussmann Development borrowed $10.1 million from Greystone & Co. for 164-168 West 136th Street, Harlem, Manhattan on August 02, 2024.

Haussmann Development borrowed $11.4 million from Greystone & Co. for 521 West 134th Street, Harlem, Manhattan on August 02, 2024.

• Peter Materaand Margaret Materaand John Matera sold 325 Church Street, Tribeca, Manhattan for $1,000,000 to Urban Standard Capital on June 24, 2024.

Latest Stories:

• Berel Farkas signs $17.5M refi with Urban Standard at 37-unit building in East Flatbush December 16, 2024

• Astral Weeks pays $27.4M to 6R Capital for building in Financial District December 12, 2024

• $25M construction loan for Barone, Shie Lefkovits, Azimuth school project in Laurelton November 15, 2024

• Allied Realty & Development pays $11M for 10-unit rental in Lenox Hill November 07, 2024

• Two80 Real Estate pays $8.1M to Stellar for 67-unit walkup in Washington Heights October 02, 2024

• Double U files plans for 89K sf sports center in Williamsburg August 12, 2024

• Urban Standard pays $6.5M to Matera family to expand Tribeca assemblage June 25, 2024

• 6R Capital Group signs $42M refi with T30 Capital for FiDi February 05, 2024

• Mina Moussa pays $15.2M to Conway Capital for four buildings in Brooklyn January 26, 2024

• Fation Syla pays $7.3M for retail in Hell’s Kitchen November 17, 2023