Ciampa Organization

People:

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Ciampa Organization portfolio

$302.5 million – elevator 79%, industrial 7%; Queens 100%, Manhattan 0%

193th largest portfolio by dollar value

2,098,666 sqft – elevator 79%, industrial 10%;

152th largest by SF

44 properties – Queens 100%, Manhattan 0%

113th largest

1,697 residential units – Queens 100%, Manhattan 0%

123th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $5.2 million

Seller company: 0 for $0

Borrower company: 8 for $72.8 million

Lender company: 0 for $0

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

Top Ten Associated Companies:

Capital One (15), Michael P. Grey (1), Apple Bank for Savings (1), Popular Bank (1), Morgan Stanley (1), New Empire Corp. (1), Sandra Vaichunas (1)

Top Ten Associated People:

Todd Phillips (5), Mohamed H. Khalil (2), Jeffrey Novick (1), Cynthia Wang (1), Kristin Sansone (1), Bentley Zhao (1), Sandra Vaichunas (1)

Latest Stories:

• New Empire Corp. signs $54M construction loan for 117-unit LIC development (July 31, 2024)

• Ciampa Organization signs $16.5M construction loan for 46-unit project in Jamaica Estates (February 29, 2024)

• Ciampa Organization affiliate pays $5.2M for 46-unit dev site in Jamaica Estates (January 30, 2023)

• Ciampa Organization signs $32M refi for 143-unit elevator rental in LIC (March 24, 2022)

• New Empire Corp. pays $25.7M to Ciampa Organization for dev site in Long Island City (February 14, 2022)

• Ciampa refis $33.2M with Capital One for 255 units in Queens (April 15, 2021)

• Ciampa Organization sells Maspeth warehouse for $5.8M (July 15, 2020)

• Piermont Properties files plans for a 46-unit mixed-use building in Jamaica Estates (June 08, 2020)

• Ciampa Organization borrows $11M from Capital One for refi of multifamily property in Astoria (March 26, 2020)

• Ciampa Organization borrows $18M from Capital One for multifamily property in Long Island City (November 26, 2019)

Litigation:

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Properties:

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