Matthew Barry
Optimum Asset Management
Optimum Asset Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$15.6 million – elevator 61%, D3 29%; Manhattan 100%, Bronx 0%
2007th largest portfolio by dollar value
128,839 sqft – elevator 65%, D3 34%;
1608th largest by SF
3 properties – Manhattan 100%, Bronx 0%
154th largest
114 residential units – Manhattan 100%, Bronx 0%
684th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $81.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 45,016 square feet
Top Ten Associated Companies:
Madison Realty Capital (1), Zusatzversorgungskasse des Baugewerbes (1)
Top Ten Associated People:
Brian Shatz (1)
Recent activity as signatory:
• Optimum Asset Management borrowed $81.8 million from Zusatzversorgungskasse des Baugewerbes for 232 East Broadway, 228 East Broadway, and 226 East Broadway, Lower East Side, Manhattan on January 30, 2024.
• Matthew Barry filed plans for major alteration for 45,016 sqft in Lower East Side, Manhattan, on March 28, 2023.
• Optimum Asset Management borrowed $44.6 million from Madison Realty Capital for 228 East Broadway, 226 East Broadway, and 232 East Broadway, Lower East Side, Manhattan on January 12, 2022.