John Choi
Bando Construction
(Bando Engineering & Construction)
Bando Construction|John Choi portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$61.5 million – condo 61%, elevator 38%; Manhattan 100%, Bronx 0%
806th largest portfolio by dollar value
143,365 sqft – elevator 78%, condo 21%;
1501th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
79 residential units – Manhattan 100%, Bronx 0%
719th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $135.2 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $80 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Sherwood Equities (1), Hana Bank (1), Sachs Companies (1), Keb Hana Bank (1)
Top Ten Associated People:
Jeffrey Katz (1), Curtis Sachs (1)
Recent activity as signatory:
• Bando Construction borrowed $60 million from Hana Bank for 2 Times Square, Times Square, Manhattan on July 18, 2024.
• Sherwood Equities sold 2 Times Square, Times Square, Manhattan for $99.2 million to Bando Construction on July 18, 2024.
• Bando Construction borrowed $20 million from Keb Hana Bank for 65 West 55th Street, Midtown West, Manhattan on July 17, 2024.
• Sachs Companies sold 65 West 55th Street, Midtown West, Manhattan for $36 million to John Choi on June 27, 2024.
Latest Stories:
• Bando Construction pays $99.2M to Sherwood Equities for retail condo in Times Square July 19, 2024
• Bando Construction pays $36M to Sachs Companies for 79-unit rental in Midtown West June 28, 2024
• Sachs Companies signs $81.2M refi loan for three properties in Manhattan June 28, 2021
• Palin Enterprises acquires interest from Alvin Dworman valued at $65.1M in Manhattan June 16, 2021