Empire Capital Holdings

(Empire Capital, ECRE LLC)

70 Hampshire Rd Great Neck, NY 11023

empirecapitalholdings.com

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Empire Capital Holdings portfolio

$506.8 million* – office 79%, condo 11%; Manhattan 97%, Brooklyn 2%

118th largest portfolio by dollar value

1,468,694 sqft – office 83%, condo 9%;

224th largest by SF

9 properties – Manhattan 88%, Brooklyn 11%

905th largest

162 residential units – Manhattan 100%, Bronx 0%

1022th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 4 for $297.7 million

Seller company: 1 for $85 million

Borrower company: 4 for $275.7 million

Top Ten Associated Companies:

Deutsche Bank (3), Neighborhood Property Group (1), Thorofare Capital (1), RWN Management (1), AEW Capital Management (1), Truist Bank (1), Thomas Fok (1), Derrick Fok (1), RXR Realty (1), Blackstone Group (1)

Top Ten Associated People:

Michael Jackowitz (1), Robert J. Cooper (1), Jeffrey Kaplan (1), Matthew B. Tracy (1), Derrick Fok (1), David Frank (1), Jason W. Geer (1), Michael Levy (1), Joshua Frank (1), Robert Deutsch (1)

Recent activity as company:

• Artemis Real Estate Partners sold 521 West 25th Street and 511 West 25th Street, Chelsea, Manhattan for $49.5 million to Prime Group Holdings and Empire Capital Holdings on January 28, 2025.

• Namdar Realty Group and Empire Capital Holdings sold 341 7th Avenue, 287 7th Avenue, 343 7th Avenue, and 167 West 29th Street, Chelsea, Manhattan for $85 million to Katan Realty Group, Kohan Retail Investment Group and Ilya Mikhailov on January 16, 2025.

• Related Companies sold 321 West 44th Street, Hell’s Kitchen, Manhattan for $40.5 million to Namdar Realty Group, Empire Capital and Mason Asset Management on September 23, 2024.

• Empire Capital Holdings borrowed $15.6 million from Alma Bank for 160 North 12th Street, Williamsburg, Brooklyn on September 06, 2024.

• Namdar Realty Group and Empire Capital Holdings borrowed $111.2 million from Reznik Paz Nevo Trusts for 529 5th Avenue and 587 5th Avenue, Grand Central, Manhattan on September 27, 2023.

• Namdar Realty Group and Empire Capital Holdings borrowed $71.5 million from Deutsche Bank for 529 5th Avenue, Grand Central, Manhattan on June 26, 2023.

• Silverstein Properties sold 529 5th Avenue, Grand Central, Manhattan for $107.6 million to Namdar Realty Group and Empire Capital Holdings on June 26, 2023.

• Namdar Realty Group, Empire Capital Holdings and Khashy Eyn borrowed $77.4 million from Deutsche Bank for 552 West 54th Street, Hell’s Kitchen, Manhattan on April 11, 2023.

• Invesco Real Estate sold 552 West 54th Street, Hell’s Kitchen, Manhattan for $100.1 million to Namdar Realty Group, Empire Capital Holdings and Khashy Eyn on April 11, 2023.

• Empire Capital Holdings sold 324 Grand Street, Lower East Side, Manhattan for $23.8 million to Thomas Fok and Derrick Fok on February 06, 2023.