Rockrose Development

15 East 26th St 7th floor New York, NY 10010

rockrose.com

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Rockrose Development portfolio

$1.8 billion* – elevator 66%, condo 9%; Manhattan 48%, Queens 35%

31th largest portfolio by dollar value

7,132,480 sqft – elevator 65%, D4 12%;

37th largest by SF

67 properties – Brooklyn 61%, Queens 23%

142th largest

7,525 residential units – Queens 43%, Manhattan 33%

17th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 7 for $253.8 million

Seller company: 4 for $94 million

Borrower company: 4 for $786.2 million

Top Ten Associated Companies:

Wells Fargo (7), Adams & Company (5), Teamsters Local 807 (3), Robert Kotler (2), Deutsche Pfandbriefbank (1), One Rockwell Place condominium (1), Equitable Financial Life Insurance Company (1), MetLife (1), Stephen Sun (1), Thomas Sun (1)

Top Ten Associated People:

David Levy (4), Christian Adrian (3), Demos P. Demopoulos (2), Scott Little (2), Peter R. McGreevy (1), Michael Hofheinz (1), Anthony Storz (1), Stephen Sun (1), Thomas Sun (1), Maureen Lawrence (1)

Recent activity as company:

• Rockrose Development borrowed $249.4 million from Wells Fargo for 43-10 Crescent Street, Long Island City, Queens on November 15, 2024.

• Madison Realty Capital sold 67-105 Pacific Street, Cobble Hill, Brooklyn for $65 million to Rockrose Development on August 30, 2024.

• Rockrose Development borrowed $105 million from Wells Fargo for 43-14 Queens Street, Long Island City, Queens on August 26, 2024.

• Tony Greenberg sold 193 Joralemon Street, Brooklyn Heights, Brooklyn for $3 million to Rockrose Development on June 05, 2024.

• Rockrose Development borrowed $293.1 million from Wells Fargo for 476 11th Avenue, Hudson Yards, Manhattan on December 13, 2023.

• Rockrose Development sold 1115 Broadway, Flatiron District, Manhattan for $43.6 million to Adams & Company on August 23, 2023.

• Rockrose Development sold 4 Bryant Park, Garment District, Manhattan for $16.5 million to Adams & Company on August 08, 2023.

• Rockrose Development sold 121 East 24th Street, Flatiron District, Manhattan for $5.8 million to Adams & Company on August 03, 2023.

• Rockrose Development sold 47 West 17th Street, Flatiron District, Manhattan for $28.1 million to Adams & Company on July 25, 2023.

• St. Francis College sold 172 Remsen Street, N/A Remsen Street, and N/A Remsen Street, Brooklyn Heights, Brooklyn for $160 million to Rockrose Development on April 03, 2023.