Noam Shemel

Owner

Noam Shemel portfolio

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

$6.6 million – mixed-use 100%; Manhattan 100%, Bronx 0%

3285th largest portfolio by dollar value

10,692 sqft – mixed-use 100%;

5123th largest by SF

2 properties – Manhattan 100%, Bronx 0%

155th largest

6 residential units – Manhattan 100%, Bronx 0%

792th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $8.8 million

Borrower signatory: 1 for $13.1 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Israel Discount Bank (2), Patrick McElhone (1), Elie Fouerti (1), Edgewood Capital Advisors (1), Amalgamated Bank (1)

Top Ten Associated People:

Patrick McElhone (1), Mikhail Litt (1)

Recent activity as signatory:

• Kano Real Estate Investors borrowed $13.1 million from Edgewood Capital Advisors for 492 9th Avenue and 484 9th Avenue, Garment District, Manhattan on January 05, 2024.

• Kano Real Estate Investors sold 1477 3rd Avenue, Yorkville, Manhattan for $8.8 million to Elie Fouerti on January 02, 2024.

• Noam Shemel filed plans for new building for 28,254 sqft in Yorkville, Manhattan, on December 09, 2022.

• Patrick McElhone sold 132 West 23rd Street and 134 West 23rd Street, Chelsea, Manhattan for $10.2 million to Noam Shemel on August 15, 2022.

• Noam Shemel filed plans for major alteration for 12,110 sqft in Flatiron District, Manhattan, on December 03, 2021.

• Kano Real Estate Investors borrowed $8.9 million from Amalgamated Bank for 47 Grand Street, SoHo, Manhattan on October 13, 2021.

• Kano Real Estate Investors borrowed $12.7 million from Israel Discount Bank for 131 East 27th Street, 100 Lexington Avenue, 102 Lexington Avenue, 104 Lexington Avenue, Flatiron, Manhattan on May 05, 2020.

• Kano Real Estate Investors borrowed $31 million from Israel Discount Bank for 243 Bleecker Street, 56 Spring Street, 233 1st Avenue, 819 Avenue Of The Amer, 500 Hudson Street, West Village, Manhattan on February 21, 2020.