First Bank

(First Bank NJ)

People:

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First Bank portfolio

$5.7 million* – condo 100%; Manhattan 100%, Bronx 0%

3576th largest portfolio by dollar value

10,627 sqft – condo 100%;

5179th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3443th largest

Company Activity past 24 months:

Buyer company: 1 for $2.7 million

Lender company: 1 for $6.4 million

Top Ten Associated Companies:

HFZ Capital Group (1), Westrock Development (1), Tahari Capital (1)

Top Ten Associated People:

Clark Whitsett (1), Jason Friedland (1), Elie Tahari (1)

Recent activity as company:

• Tahari Capital borrowed $6.4 million from First Bank for 6 Avenue B, Alphabet City, Manhattan on October 01, 2024.

• HFZ Capital Group sold 505 West 19th Street and 505 West 19th Street, Chelsea, Manhattan for $2.7 million to First Bank on July 22, 2024.

• Westrock Development borrowed $5.5 million from First Bank for 825 East 140th Street, Mott Haven, Bronx on April 05, 2021.

Court Records:

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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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