BLDG Management

417 Fifth Ave 4th floor New York, NY 10016

bldg.com

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BLDG Management portfolio

$1.8 billion* – elevator 46.0%, office 17.0%; Manhattan 85.0%, Queens 8.0%

30th largest portfolio by dollar value

6,646,327 sqft – elevator 48.0%, office 17.0%;

41th largest by SF

189 properties – Manhattan 56%, Queens 22%

33th largest

5,241 residential units – Manhattan 79.0%, Queens 18.0%

34th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 3 for $170.9 million

Borrower company: 7 for $619.2 million

Top Ten Associated Companies:

M&T Bank (11), Provident Bank (3), Dime Community Bank (2), Lalezarian Properties (2), Cayuga Capital Management (2), Wharton Properties (2), Bank Hapoalim (1), State Farm Realty Mortgage (1), CTBC Bank (1), Onex Real Estate Partners (1)

Top Ten Associated People:

Louis Ciniglio (2), Kevin Lalezarian (2), Hunter Noah (2), Jeff Sutton (2), Paul A. Heller (1), Christine M. Stoffer (1), Leeanne Martz (1), Yintung Chang (1), David Brickman (1), Justin Besspiata (1)

Recent activity as company:

• Cayuga Capital Management sold 97 North 10th Street and 79 North 10th Street, Williamsburg, Brooklyn for $26.9 million to BLDG Management on December 02, 2024.

• BLDG Management borrowed $26.6 million from M&T Bank for 97 North 10th Street and 91 Wythe Avenue, Williamsburg, Brooklyn on December 02, 2024.

• David Werner Real Estate Investments and BLDG Management borrowed $95 million from Northwind Group for 100 Wall Street, Financial District, Manhattan on July 29, 2024.

• Barings sold 100 Wall Street, Financial District, Manhattan for $116 million to David Werner Real Estate Investments and BLDG Management on July 29, 2024.

• BLDG Management and Feil Organization borrowed $33.6 million from MetLife for 424 Madison Avenue, Midtown East, Manhattan on November 30, 2023.

• BLDG Management borrowed $21.5 million from M&T Bank for 153-01 Jamaica Avenue, 153-11 Jamaica Avenue, 4025 Laconia Avenue, 3 East Mt Eden Avenue, 153-07 Jamaica Avenue, and others, Jamaica, Queens on October 27, 2023.

• BLDG Management borrowed $11.6 million from M&T Bank for 4951 Broadway, Inwood, Manhattan on August 02, 2023.

• BLDG Management borrowed $425 million from M&T Bank for 42-02 Orchard Street, Long Island City, Queens on June 30, 2023.

• BLDG Management borrowed $5.9 million from M&T Bank for 117 East 89th Street and 123 East 82nd Street, Carnegie Hill, Manhattan on June 08, 2023.

• Jeff Sutton and Wharton Properties sold N/A 18th Avenue, Bensonhurst, Brooklyn for $28 million to BLDG Management on May 11, 2023.