Steve Dluzyn
(Steven Dluzyn)
Chief Operating Officer
HUBB NYC
Owner
HUBB NYC portfolio
$480.5 million* – elevator 42%, walkup 32%; Manhattan 78%, Brooklyn 21%
127th largest portfolio by dollar value
1,341,442 sqft – elevator 52%, walkup 25%;
251th largest by SF
72 properties – Manhattan 91%, Brooklyn 8%
131th largest
1,668 residential units – Manhattan 72%, Brooklyn 27%
139th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $52.8 million
Seller signatory: 1 for $12 million
Borrower signatory: 5 for $43 million
Developer (new building or major alteration): 89.0 for 101,716 square feet
Top Ten Associated Companies:
JPMorgan Chase (12), AIR Communities (11), M&T Bank (2), MetLife (2), First Republic Bank (2), Greystone & Co. (1), iPark (1), UBS Realty Investors (1), TIAA (1), David Swerdloff (1)
Top Ten Associated People:
Lisa Cohn (11), Ursula Flores (5), Alan J. Perlowitz (2), Matthew Stabel (1), Andrew Frohlich (1), Michael Hofheinz (1), Jacob Chase (1), Thomas Pierandi (1), David Swerdloff (1), Jacob Aini (1)
Recent activity as company:
• Parkoff Organization sold 345 E 64th St, Lenox Hill, Manhattan for $34 million to HUBB NYC on January 16, 2025.
• HUBB NYC borrowed $5.3 million from JPMorgan Chase for 714 9th Avenue, Hell’s Kitchen, Manhattan on January 02, 2025.
• HUBB NYC sold 350 West 42nd Street, Hell’s Kitchen, Manhattan for $12 million to iPark on February 07, 2024.
• HUBB NYC borrowed $7.5 million from M&T Bank for 210 West 96th Street and N/A West 96th Street, Upper West Side, Manhattan on January 04, 2024.
• HUBB NYC borrowed $10.3 million from JPMorgan Chase for 2130 Adam C Powell Blvd, Harlem, Manhattan on August 23, 2023.
• UBS Realty Investors sold 2130 Adam C Powell Blvd, Harlem, Manhattan for $18.8 million to HUBB NYC on August 23, 2023.
• HUBB NYC borrowed $9.1 million from JPMorgan Chase for 420 East 66th Street, Lenox Hill, Manhattan on June 07, 2023.
• HUBB NYC borrowed $10.7 million from JPMorgan Chase for 404 East 88th Street, Yorkville, Manhattan on June 06, 2023.
• HUBB NYC borrowed $20 million from JPMorgan Chase for 225 4th Avenue and 225 4th Avenue, Park Slope, Brooklyn on September 23, 2022.
• Greystone & Co. sold 225 4th Avenue and 225 4th Avenue, Park Slope, Brooklyn for $40 million to HUBB NYC on September 23, 2022.
Latest Stories:
• HUBB NYC pays $34M to Parkoff for 60-unit rental in Lenox Hill (January 17, 2025)
• iPark pays $12M to HUBB NYC for garage in Hell’s Kitchen (February 08, 2024)
• HUBB NYC pays $18.8M to UBS fund for 46-unit rental in Harlem (August 24, 2023)
• HUBB NYC pays $40M to Greystone & Co. for 63-unit rental in Park Slope (September 26, 2022)
• HUBB NYC pays $76.8M to Slate, Adam America for 130-unit rental in Williamsburg (August 10, 2022)
• HUBB NYC pays $63.5M to Be-Aviv for 78-unit rental in Lower East Side (June 17, 2022)
• HUBB NYC signs $60M refi with MetLife for building in Harlem (February 11, 2022)
• HUBB NYC pays $116.2M to Greystar for two rentals in Williamsburg (January 03, 2022)
• HUBB NYC pays $140M, part of expected $190M sale (November 22, 2021)