OMNI New York

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OMNI New York portfolio

$218.7 million* – elevator 54%, B9 20%; Brooklyn 99%, Manhattan 0%

280th largest portfolio by dollar value

1,862,350 sqft – elevator 76%, walkup 18%;

178th largest by SF

71 properties – Brooklyn 98%, Bronx 1%

136th largest

1,960 residential units – Brooklyn 98%, Bronx 1%

112th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Seller company: 2 for $69.1 million

Top Ten Associated Companies:

Camber Property Group (5), Merchants Bank of Indiana (4), Nuveen Real Estate (2), NYC Housing Development Corporation (2), Preferred Bank (1), New York City Housing Authority (1), KeyBank (1), Jonathan Rose Companies (1)

Top Ten Associated People:

Rick Gropper (5), Phil Daubenmire (1), Mary Ann Gripka (1), Eugene Schneur (1)

Recent activity as company:

• Omni New York and Stone Point Capital sold 92-23 168th Street, 92-23 168th Street, and 92-23 168th Street, Jamaica, Queens for $51.3 million to Nuveen Real Estate on June 02, 2023.

• Omni New York and Stone Point Capital sold 16 Richman Plaza, 240-242 Lott Avenue, 2311 Southern Boulevard, 769 Grote Street, 92-23 168th Street, and others, Morris Heights, Bronx for $17.8 million to Nuveen Real Estate on June 02, 2023.

• Omni New York borrowed $22 million from Preferred Bank for 92-23 168th Street, Jamaica, Queens on August 30, 2022.

• Omni New York borrowed $18.3 million from Merchants Bank of Indiana for 769 Grote Street, Belmont/Little Italy, Bronx on March 08, 2022.

• Omni New York borrowed $28.6 million from Merchants Bank of Indiana for 711 Garden Street and 2260 Crotona Avenue, Belmont/Little Italy, Bronx on March 07, 2022.

• Omni New York borrowed $5.3 million from Merchants Bank of Indiana for 625 Manida Street, 621 Manida Street, 1271 Morris Avenue, and 1269 Morris Avenue, Hunts Point, Bronx on March 03, 2022.

• Omni New York borrowed $6 million from Merchants Bank of Indiana for 806 East 175th Street, 2254 Crotona Avenue, 1512 Leland Avenue, 1516 Leland Avenue, 1520 Leland Avenue, and others, East Morrisania, Bronx on March 03, 2022.

• Omni New York sold 579 Blake Avenue and 350 Sheffield Avenue, East New York, Brooklyn for $107.5 million to Camber Property Group on February 01, 2022.

• Omni New York sold 47 East 130th Street and 2071 Madison Avenue, East Harlem, Manhattan for $18 million to Camber Property Group on December 08, 2021.

• Omni New York sold 1975 Grand Avenue and 1971 Grand Avenue, Morris Heights, Bronx for $27 million to Camber Property Group on December 07, 2021.