Fetner Properties

Fetner Properties portfolio

$156.2 million* – elevator 94%, development 2%; Manhattan 96%, Queens 3%

383th largest portfolio by dollar value

710,239 sqft – elevator 97%, industrial 1%;

467th largest by SF

9 properties – Manhattan 66%, Queens 33%

910th largest

1,232 residential units – Manhattan 57%, Queens 42%

193th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $137.6 million

Seller company: 1 for $51.2 million

Borrower company: 3 for $148.2 million

Top Ten Associated Companies:

Empire State Realty Trust (3), NYS Housing Finance Agency (2), Valley National Bank (2), Wells Fargo (1), Carlyle Group (1), BlackRock (1), Sky Management (1), New York Life Insurance Company (1), Brookfield Asset Management (1), Federal Home Loan Mortgage Corporation (1)

Top Ten Associated People:

Kathryn Marnell (2), Jeff Puchin (2), Thomas N. Keltner Jr. (2), Thomas N. Keltner, Jr. (1), Christopher Gregg (1), Jason Hart (1), Jeff Brown (1), Robert Ohebshalom (1), Laura Stepp (1)

Recent activity as company:

• Fetner Properties and Stockbridge Capital Group borrowed $36 million from New York Life Insurance Company for 1394 York Avenue, Lenox Hill, Manhattan on July 11, 2024.

• Sky Management sold 1394 York Avenue, Lenox Hill, Manhattan for $62.6 million to Fetner Properties and Stockbridge Capital Group on July 11, 2024.

• BlackRock sold 85 East End Avenue, Yorkville, Manhattan for $75 million to Farallon Capital Management and Fetner Properties on June 21, 2024.

• Fetner Properties and Carlyle Group borrowed $76.3 million from Brookfield Asset Management for 26-32 Jackson Avenue, Long Island City, Queens on May 09, 2023.

• Carlyle Group and Fetner Properties borrowed $35.8 million from company for 26-32 Jackson Avenue, Long Island City, Queens on May 01, 2023.

• Lions Group and Fetner Properties sold 26-32 Jackson Avenue, Long Island City, Queens for $51.2 million to Carlyle Group on May 01, 2023.

• Lions Group and Fetner Properties borrowed $35.8 million from Valley National Bank for 26-32 Jackson Avenue, Long Island City, Queens on November 28, 2022.

• Lions Group and Fetner Properties borrowed $22.5 million from Valley National Bank for 26-32 Jackson Avenue, Long Island City, Queens on August 16, 2022.

• Fetner Properties sold 561 10th Avenue, Hell’s Kitchen, Manhattan for $153.3 million to Empire State Realty Trust on February 11, 2022.

• Fetner Properties sold 500 West 42nd Street, Hell’s Kitchen, Manhattan for $34.6 million to Empire State Realty Trust on February 11, 2022.