Joel Shafran

Owner

Joel Shafran portfolio

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

$133.6 million – walkup 37%, hotel 32%; Brooklyn 69%, Manhattan 15%

420th largest portfolio by dollar value

741,869 sqft – hotel 36%, walkup 32%;

426th largest by SF

23 properties – Brooklyn 65%, Queens 21%

134th largest

474 residential units – Brooklyn 91%, Manhattan 8%

387th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $16.4 million

Seller signatory: 0 for $0

Borrower signatory: 3 for $22.8 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Popular Bank (6), Signature Bank (2), Greystone & Co. (2), Royal Industries International (1), West 144th Street Propco LLC (1)

Top Ten Associated People:

Joseph A. Farrauto (4), Douglas Nagel (2), Tracy Terry (2), Ari Rudensky (1), David Rabban (1), Yoel Zagelbaum (1)

Recent activity as signatory:

• Liberty One Group borrowed $6 million from Greystone & Co. for 1387 Grand Concourse, Mt Eden, Bronx on June 04, 2024.

• Liberty One Group borrowed $6.1 million from Greystone & Co. for 151 West 133rd Street and 153 West 133rd Street, Harlem, Manhattan on April 16, 2024.

• Liberty One Groupand Joel Shafran borrowed $10.7 million from Popular Bank for 290 24th Street, Greenwood Heights, Brooklyn on March 06, 2024.

• Royal Industries International sold 290 24th Street, Greenwood Heights, Brooklyn for $16.4 million to Liberty One Groupand Joel Shafran on March 06, 2024.

• Joel Shafran borrowed $7.6 million from Signature Bank for 1149 Putnam Avenue, Bushwick, Brooklyn on September 21, 2022.

• Joel Shafran borrowed $18 million from Signature Bank for 1 Junius Street, 23 Junius Street, and 25 Junius Street, Brownsville, Brooklyn on September 14, 2022.

• Joel Shafran borrowed $10 million from Popular Bank for 202 Amboy Street, 196 Amboy Street, and 186 Amboy Street, Brownsville, Brooklyn on July 05, 2022.

• Joel Shafran borrowed $16.2 million from Popular Bank for 211 Amboy Street, 199 Amboy Street, 207 Amboy Street, 191 Amboy Street, and 185 Amboy Street, Brownsville, Brooklyn on July 05, 2022.

• Joel Shafran borrowed $18 million from Popular Bank for 650 Willoughby Avenue, Bedford-Stuyvesant, Brooklyn on May 17, 2022.

• Joel Shafran borrowed $14 million from Popular Bank for 71-11 Astoria Boulevard N, 72-05 Astoria Boulevard N, 71-10 Ditmars Boulevard, and 71-04 Ditmars Boulevard, Ditmars Steinway, Queens on May 16, 2022.