Park Tower Group
People:
Park Tower Group NYC portfolio
$640.4 million* – industrial 76.0%, condo 23.0%; Brooklyn 100.0%, Manhattan 0.0%
254th largest portfolio by dollar value
263,172 sqft – condo 100%, industrial 0%;
970th largest by SF
10 properties – Brooklyn 100%, Manhattan 0%
812th largest
672 residential units – Brooklyn 100%, Manhattan 0%
324th largest by residential units
Top Ten Associated Companies:
Brookfield Properties (4), Rockefeller Group Development (1), Sumitomo Mitsui Trust Bank (1), Signature Bank (1), NYC Housing Development Corporation (1), City of New York (1)
Top Ten Associated People:
Takezo Oda (1), Brendan McBride (1), Ruth Moreira (1), Elizabeth Oakley Steckart (1)
Recent activity as company:
• Rockefeller Group and Park Tower Group borrowed $231.8 million from Sumitomo Mitsui Trust Bank for 16 Dupont Street, Greenpoint, Brooklyn on August 30, 2022.
• Park Tower Group sold N/A Dupont Street, Greenpoint, Brooklyn for $19 million to Rockefeller Group Development on January 04, 2022.
• Park Tower Group for Guy Morton filed plans for new building for 467,100 sqft in Greenpoint, Brooklyn, on October 26, 2021.
• Park Tower Group borrowed $30 million from Signature Bank for 16 Dupont Street and N/A Dupont Street, Greenpoint, Brooklyn on July 19, 2021.
• Park Tower Group borrowed $135.3 million from NYC Housing Development Corporation for 35 Commercial Street, Greenpoint, Brooklyn on July 19, 2021.
• City of New York sold 16 Dupont Street, Greenpoint, Brooklyn for $22.9 million to Park Tower Group on July 19, 2021.
• Park Tower Group for Guy Morton filed plans for new building for 318,639 sqft in Greenpoint, Brooklyn, on April 03, 2020.
• Park Tower Group sold West Street, West Street, West Street, , Eagle Street, and others, Greenpoint, Brooklyn for $162 million to Brookfield Properties on September 19, 2019.
• Park Tower Group sold Commercial Street, Commercial Street, Greenpoint, Brooklyn for $63.8 million to Brookfield Properties on September 19, 2019.
• Park Tower Group sold West Street, West Street, , West Street, West Street, and others, Greenpoint, Brooklyn for $4.7 million to Brookfield Properties on September 19, 2019.
Latest Stories:
• Park Tower Group pays $22.9M to City of New York for dev site in Greenpoint (July 20, 2021)
• Park Tower Group signs $170M construction loan for Greenpoint development (July 20, 2021)
Properties: