Albanese Organization

$16.7 million* – office 85%, development 14%; Manhattan 85%, Bronx 14%

1967th largest portfolio by dollar value

29,600 sqft – office 100%, development 0%;

3640th largest by SF

2 properties – Manhattan 50%, Bronx 50%

3105th largest

0 foreclosures, 0 bankruptcies, 5 other court cases.

Buyer company: 1 for $15.2 million

David Habif (1), Jenna O’Leary (1), Lauren Turchio (1)

• New York Botanical Garden sold N/A Dr Kazimiroff Blvd, Fordham Manor, Bronx for $15.2 million to Albanese Organization on August 12, 2024.

• Albanese Organization borrowed $20 million from Dime Community Bank for 154 11th Avenue, Chelsea, Manhattan on November 17, 2022.

• Albanese Organization, Roman Catholic Church, Diocese of Brooklyn and Queens and Rocklyn Asset Corp. for Coleen Ceriello filed plans for new building for 362,172 sqft in Cypress Hills, Brooklyn, on September 28, 2022.

• Albanese Organization sold 240 Elizabeth Street, Nolita, Manhattan for $4.7 million to Habif Real Estate on February 04, 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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