Barone Management
People:
Barone Management portfolio
$36.7 million* – office 42%, specialty 35%; Queens 74%, Bronx 25%
1168th largest portfolio by dollar value
280,093 sqft – specialty 41%, office 36%;
939th largest by SF
10 properties – Queens 60%, Bronx 30%
844th largest
11 residential units – Brooklyn 100%, Manhattan 0%
3958th largest by residential units
0 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Borrower company: 2 for $33.1 million
Top Ten Associated Companies:
Metropolitan Commercial Bank (4), Suzette Snider (3), Daniel Dee Snider (2), Meng Hua Wang (1), Peter Cascino (1), Berkshire Group (1), Vincent Gargiulo (1), Fieldpoint Private Bank & Trust (1), Catherine Phyllis Cronin (1), Castellan Capital (1)
Top Ten Associated People:
Daniel Dee Snider (3), Suzette Snider (3), Meng Hua Wang (1), Peter Cascino (1), Adam P. Ercoli (1), Catherine Phyllis Cronin (1), Lawrence Andelsman (1), Jay Shah (1), Vivek Baid (1), Tony Wang (1)
Recent activity as company:
• Barone Management, Shie Lefkovits and Azimuth Development Group borrowed $25 million from Broadview Capital for 134-11 221st Street, Laurelton, Queens on November 14, 2024.
• Barone Management borrowed $8.1 million from Low Income Investment Fund for 629 Courtlandt Avenue, Melrose, Bronx on August 16, 2023.
• Barone Management borrowed $40 million from Metropolitan Commercial Bank for 80-52 47th Avenue and 45-20 83rd Street, Elmhurst, Queens on September 09, 2022.
• Catherine Phyllis Cronin sold 80-52 47th Avenue and 45-20 83rd Street, Elmhurst, Queens for $22 million to Barone Management on September 09, 2022.
• Daniel Dee Snider and Suzette Snider sold 629 Courtlandt Avenue, Melrose, Bronx for $4.1 million to Barone Management on September 02, 2022.
• Vincent Gargiulo and Suzette Snider sold 4035 White Plains Road, Wakefield, Bronx for $5.3 million to Barone Management on September 01, 2022.
• Peter Cascino sold 801 Bartholdi Street, Williamsbridge, Bronx for $10.5 million to Barone Management on August 31, 2022.
• Daniel Dee Snider and Suzette Snider sold 1680 Southern Boulevard, East Morrisania, Bronx for $3.4 million to Barone Management on August 23, 2022.
• Barone Management borrowed $5.8 million from Fieldpoint Private Bank & Trust for 11-11 40th Avenue, Long Island City, Queens on July 19, 2022.
• Meng Hua Wang sold 11-11 40th Avenue, Astoria, Queens for $4.5 million to Barone Management on December 02, 2021.
Latest Stories:
• Barone Management puts LIC office building listed for $31.5M in bankruptcy (November 15, 2024)
• Barone Management signs $8.1M construction loan for charter school in Melrose (August 17, 2023)
• Azimuth pays $8.7M to Top Rock for dev site in Laurelton (August 17, 2023)
• Top Rock Holdings pays $7M for development in Laurelton (December 12, 2022)
• Barone Management pays $22M for two dev parcels in Elmhurst, gets $40M loan (September 12, 2022)
Court Records:
Properties: