Bethpage Federal Credit Union

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Bethpage Federal Credit Union portfolio

$5.9 million – condo 100%; Manhattan 100%, Bronx 0%

3472th largest portfolio by dollar value

21,228 sqft – condo 100%;

4065th largest by SF

20 properties – Manhattan 100%, Bronx 0%

137th largest

6 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 1 for $9.5 million

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 12 for $130.2 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Kiumarz Geula (3), Shlomo Karpen (2), Steve Nisan (2), Joel Schwartz (2), Urban View Development Group (2), Arthur Vayner (1), Jamie R. Anthony III (1), Rabsky Group (1), Paul Stallings (1), Angela Sportelli (1)

Latest Stories:

• Simcha Applegrad signs $23M refi with Bethpage for 108-unit walkup in Soundview (September 26, 2024)

• Victor Sigoura’s Legion pays $57.5M to Philips, Lawland, others for office building in Greenwich Village (May 14, 2024)

• Lender Bethpage Federal acquires 20 commercial condo units in Gramercy with $9.5M value (November 17, 2023)

• Philips International sells stakes in $31M Village office property to Lawland, Arnold Penner, Rhodes (July 17, 2023)

• Eric Schlagman signs $25M refi with affiliate of Regeneron co-founder in Tribeca (June 02, 2023)

• Rabsky Group signs $105M refi loan with Bethpage for 195-unit rental in Long Island City (September 14, 2022)

• Pillar Property pays $3.5M to Rockwood Park Jewish Center for specialty in Howard Beach (September 09, 2022)

• Joel Schwartz signs $22.7M refi to pay down Yakar loan at industrial in Bushwick (August 08, 2022)

• Oren Sendowski pays $8.5M to Jay Katz for mixed-use in Belmont (June 30, 2022)

• PH Realty Capital signs $93.5M acquisition loan with Rialto for 13 properties in Manhattan (June 09, 2022)

Litigation:

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Properties:

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