Joseph Seidenfeld

Developer, Owner

1359 Broadway, Suite 820, New York, New York 10018

$5 million* – elevator 56.0%, V1 16.0%; Bronx 70.0%, Manhattan 29.0%

3793th largest portfolio by dollar value

40,751 sqft – elevator 94%, V1 5%;

3188th largest by SF

5 properties – Manhattan 60%, Bronx 40%

1706th largest

55 residential units – Bronx 100%, Manhattan 0%

2068th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Borrower signatory: 3 for $84.3 million

Daniel De Diego (1), Neil Fink (1)

• Timber Equities borrowed $21 million from Bank Hapoalim for 5055 Broadway, Inwood, Manhattan on August 01, 2024.

• Timber Equities borrowed $44 million from Bank Hapoalim for 168-174 West 225th Street, Marble Hill, Manhattan on November 08, 2023.

• Timber Equities borrowed $19.3 million from Webster Bank for 2395 Palisade Avenue, Spuyten Duyvil, Bronx on February 13, 2023.

• Neil Fink sold N/A Frederick Douglass B, None, Manhattan for $2.4 million to Timber Equities on November 30, 2022.

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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