BLDG Management
417 Fifth Ave 4th floor New York, NY 10016
People:
BLDG Management portfolio
$1.8 billion – elevator 46.0%, office 17.0%; Manhattan 85.0%, Queens 8.0%
29th largest portfolio by dollar value
6,646,327 sqft – elevator 48.0%, office 17.0%;
39th largest by SF
189 properties – Manhattan 56%, Queens 22%
29th largest
5,241 residential units – Manhattan 79.0%, Queens 18.0%
32th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $141.4 million
Seller company: 0 for $0
Borrower company: 7 for $559.7 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
M&T Bank (11), Provident Bank (3), Dime Community Bank (2), Lalezarian Properties (2), Cayuga Capital Management (2), Wharton Properties (2), Bank Hapoalim (1), State Farm Realty Mortgage (1), CTBC Bank (1), Onex Real Estate Partners (1)
Top Ten Associated People:
Louis Ciniglio (2), Kevin Lalezarian (2), Hunter Noah (2), Jeff Sutton (2), Paul A. Heller (1), Christine M. Stoffer (1), Leeanne Martz (1), Yintung Chang (1), David Brickman (1), James Wiseman (1)
Latest Stories:
• Lender BLDG acquires office properties in Williamsburg from Cayuga for $26.9M (December 03, 2024)
• BLDG Management signs $21.5M refi loan with M&T Bank for 10 properties in NYC (October 30, 2023)
• Top NYC Construction Lenders 2023 through August: PincusCo (October 13, 2023)
• BLDG Management signs $11.6M refi Bank for retail in Inwood (August 03, 2023)
• BLDG Management signs $425M construction loan for 818-unit project in LIC (July 03, 2023)
• BLDG Management pays $28M to Jeff Sutton for retail in Bensonhurst (May 12, 2023)
• BLDG Management signs $22.1M refi loan with CTBC Bank for retail in Chinatown (January 30, 2023)
• BLDG Management signs $21M refi for two properties in SoHo (July 21, 2022)
• Lalezarian pays $12.3M to BLDG for portion of Murray Hill 200-unit dev site (June 21, 2022)
Litigation: