Rester Management

People:

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Rester Management portfolio

$20.7 million* – elevator 55%, specialty 29%; Brooklyn 95%, Manhattan 4%

1708th largest portfolio by dollar value

117,893 sqft – elevator 52%, specialty 30%;

1722th largest by SF

4 properties – Brooklyn 75%, Manhattan 25%

1858th largest

62 residential units – Brooklyn 100%, Manhattan 0%

1920th largest by residential units

Company Activity past 24 months:

Seller company: 1 for $57 million

Top Ten Associated Companies:

Canadian Imperial Bank of Commerce (3), Marcal Group (1), Lanza family (1)

Top Ten Associated People:

Mark Caller (1), John-John D’Arsenio (1)

Recent activity as company:

Marcal Group and Rester Management sold 3250 Westchester Avenue, 3651 Bruckner Blvd, and 3681 Bruckner Blvd, Pelham Bay, Bronx for $57 million to Marcal Group on March 13, 2023.

Rester Management borrowed $6.6 million from Canadian Imperial Bank of Commerce for 148 East 40th Street, Murray Hill, Manhattan on April 08, 2022.

Rester Management borrowed $10 million from Canadian Imperial Bank of Commerce for 196 Albany Avenue, Crown Heights, Brooklyn on October 22, 2021.

Rester Management borrowed $31.3 million from Canadian Imperial Bank of Commerce for 186 Lenox Road, Flatbush, Brooklyn on December 28, 2020.

• Lanza family sold 148 East 40th Street, Murray Hill, Manhattan for $5.8 million to Rester Management on December 18, 2019.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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