Kevin Lalezarian

Lalezarian Properties

Lalezarian Properties portfolio

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

$453.9 million – elevator 91%, office 4%; Manhattan 57%, Brooklyn 42%

138th largest portfolio by dollar value

1,655,428 sqft – elevator 90%, office 5%;

187th largest by SF

18 properties – Manhattan 83%, Brooklyn 16%

139th largest

1,868 residential units – Manhattan 51%, Brooklyn 48%

110th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 2 for $43.9 million

Seller signatory: 0 for $0

Borrower signatory: 3 for $174.8 million

Lender signatory: 1 for $15 million

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

Top Ten Associated Companies:

JPMorgan Chase (5), Wells Fargo (2), BLDG Management (2), TD Bank (2), Bank of New York Mellon (1), Princeton International Properties (1), Mossanen Group (1), Santander Bank (1), New York Community Bank (1), Henry Modell & Co. (1)

Top Ten Associated People:

Lloyd Goldman (2), Ursula Flores (1), Sarah Chivi (1), Kamal Yagubov (1), David Tawfik (1), Alexander D. Carni (1), Brian J. Terry (1), Shaz Mossanen (1), Nicholas Capowski (1), Bert E. Brodsky (1)

Recent activity as signatory:

• Henry Modell & Co. borrowed $15 million from Lalezarian Properties for 34-24 Vernon Boulevard and 34-31 Vernon Boulevard, Astoria, Queens on November 29, 2024.

• Mossanen Group sold 207 East 37th Street, 213 East 37th Street, 569 3rd Avenue, 571 3rd Avenue, and 567 3rd Avenue, Murray Hill, Manhattan for $10.4 million to Lalezarian Properties on November 08, 2024.

• Lalezarian Properties borrowed $29.9 million from TD Bank for 277 Gold Street, Downtown Brooklyn, Brooklyn on March 18, 2024.

• Lalezarian Properties borrowed $94.9 million from JPMorgan Chase for 309 Gold Street, Downtown Brooklyn, Brooklyn on July 14, 2023.

• Lalezarian Properties borrowed $50 million from TD Bank for 650 1st Avenue, Murray Hill, Manhattan on April 03, 2023.

• Princeton International Properties sold 650 1st Avenue, Murray Hill, Manhattan for $33.5 million to Lalezarian Properties on March 27, 2023.

• Kevin Lalezarian filed plans for demolition in Murray Hill, Manhattan, on November 16, 2022.

• Lalezarian Properties borrowed $60 million from Bank of New York Mellon for 232 East 54th Street, Midtown East, Manhattan on October 31, 2022.

• Lalezarian Properties borrowed $37 million from Wells Fargo for 100 Charlton Street and 102 Charlton Street, Hudson Square, Manhattan on July 15, 2022.

• Lalezarian Properties borrowed $55 million from JPMorgan Chase for 300 East 83rd Street, Yorkville, Manhattan on June 30, 2022.