City Of New York
City Of New York portfolio
$32.8 billion – specialty 71.0%, development 9.0%; Brooklyn 28.0%, Bronx 27.0%
1th largest portfolio by dollar value
143,732,136 sqft – specialty 90.0%, office 4.0%;
1th largest by SF
2,820 properties – Queens 37%, Brooklyn 31%
2th largest
236 residential units – Brooklyn 58.0%, Manhattan 37.0%
566th largest by residential units
0 foreclosures, 0 bankruptcies, 185 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $11.2 million
Seller company: 2 for $129.6 million
Borrower company: 0 for $0
Lender company: 3 for $20 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Lions Group (2), Neighborhood Restore HDFC (2), Two Trees Management (1), Asian Americans for Equality (1), East Brooklyn Housing Development Corporation (1), Metropolitan Transportation Authority (1), Clinton Housing Development Company (1), Project Renewal (1), New Destiny Housing Corporation (1), Parodneck Foundatio (1)
Top Ten Associated People:
Hal Fetner and Albert Shirian (2), Rella Fogliano (1), Robert Paley (1), Joe Restuccia (1), Edward I. Geffner (1), Eric Rosenbaum (1), Nicole Branca (1), Kenneth Wray (1), Gregory Colimon (1), Maria Lizardo (1)
Latest Stories:
• Howard Hughes pays $40M to city for air rights in Financial District (August 13, 2024)
• Vornado, Blackstone, Hudson Pacific memorialize deal with city for Pier 94 (September 12, 2023)
• Carlyle Group pays $51.2M to Lions Group, Fetner for 363-unit LIC dev site (May 01, 2023)
• Rabsky Group pays $17.2M to City of New York for development rights in Dumbo (November 08, 2021)
Litigation: