Pi Capital Partners
Pi Capital Partners NYC portfolio
$416.5 million* – condo 57.0%, office 34.0%; Queens 87.0%, Manhattan 12.0%
402th largest portfolio by dollar value
484,397 sqft – condo 66%, office 27%;
614th largest by SF
16 properties – Queens 75%, Manhattan 25%
531th largest
225 residential units – Queens 100%, Manhattan 0%
806th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Top Ten Associated Companies:
Bank of America (1), Industrial and Commercial Bank of China (1), JPMorgan Chase (1), EmblemHealth (1), Signature Bank (1), Bank of China (1)
Top Ten Associated People:
Michelle Neuerman (1), Carmen Lee (1), Amy Tsang-Tong (1), Jennifer Smith (1)
Recent activity as company:
• Pi Capital Partners borrowed $7 million from JPMorgan Chase for 39-22 Main Street, Flushing, Queens on September 29, 2022.
• Pi Capital Partners borrowed $43 million from Industrial and Commercial Bank of China for 86-55 Broadway, 86-55 Broadway, 86-55 Broadway, and 86-55 Broadway, Elmhurst, Queens on August 09, 2022.
• Pi Capital Partners borrowed $76.7 million from Bank of America for 136-21 Roosevelt Avenue, 130 Water Street, 474 7th Avenue, 459 Lexington Avenue, and 82-02 Roosevelt Avenue, Flushing, Queens on July 21, 2022.
• Pi Capital Partners borrowed $18.4 million from Bank of China for 335 5th Avenue, Midtown, Manhattan on December 16, 2021.
• Pi Capital Partners borrowed $75 million from Signature Bank for 51-35 Reeder Street, 51-35 Reeder Street, 51-35 Reeder Street, and 51-35 Reeder Street, Elmhurst, Queens on November 24, 2021.
• Pi Capital Partners for James Pi filed plans for new building for 112,681 sqft in Elmhurst, Queens, on June 09, 2020.
• EmblemHealth sold 86-15 Queens Boulevard, Elmhurst, Queens for $16.7 million to Pi Capital Partners on December 26, 2019.
Latest Stories:
• Pi Capital signs $43M refi for 83-unit Elmhurst rental (August 10, 2022)
• Pi Capital signs $76.7M refi loan with Bank of America for five properties in NYC (July 22, 2022)
• Pi Capital Partners plans 142-unit residential building in Elmhurst (June 12, 2020)
Court Records:
Properties: