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%

778th largest by residential units

0 foreclosures, 0 bankruptcies, 186 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $11.2 million

Seller company: 3 for $175.4 million

Lender company: 4 for $183.5 million

Top Ten Associated Companies:

Project Renewal (2), Breaking Ground (2), 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), New Destiny Housing Corporation (1)

Top Ten Associated People:

Eric Rosenbaum (2), Hal Fetner and Albert Shirian (2), Rella Fogliano (1), Robert Paley (1), Joe Restuccia (1), Edward I. Geffner (1), Nicole Branca (1), Kenneth Wray (1), Gregory Colimon (1), Maria Lizardo (1)

Recent activity as company:

• City of New York for Andrew Ng filed plans for new building for 4,395 sqft in Oakwood, Staten Island, on January 20, 2025.

• City of New York, Related Companies and Sterling Equities sold 126-02 35th Avenue and 37-11 126th Street, Willets Point, Queens for $45.7 million to New York City Football Club on November 22, 2024.

• City of New York sold 95 South Street, 95 Marginal Street, 250 Water Street, and PIER-16 South Street, Financial District, Manhattan for $40 million to Howard Hughes Corporation on August 12, 2024.

• Breaking Ground borrowed $163.5 million from Enterprise Community Partners and City of New York for 1760 3rd Avenue, Carnegie Hill, Manhattan on July 01, 2024.

• CSX Corporation sold N/A West 230th Street, 115 West 233rd Street, 117 West 236th Street, N/A West 236th Street, N/A Putnam Avenue West, and others, Kingsbridge, Bronx for $11.2 million to City of New York on June 21, 2024.

• Lantern Organization borrowed $9.5 million from City of New York for 330-332 West 51st Street, Hell’s Kitchen, Manhattan on April 04, 2024.

• Northern Manhattan Improvement Corporation borrowed $5.4 million from City of New York for 21 Arden Street, Washington Heights, Manhattan on March 25, 2024.

• Northcore Studios Housing Development Fund borrowed $5 million from City of New York for 2324 Pitkin Avenue and 363 Jerome Street, East New York, Brooklyn on February 26, 2024.

• City of New York for Eduardo Del Valle filed plans for new building for 1,099,988 sqft in Boerum Hill, Brooklyn, on October 06, 2023.

• City of New York sold 755 12th Avenue and N/A West 54th Street, Hell’s Kitchen, Manhattan for $89.6 million to Vornado Realty Trust, Blackstone Group and Hudson Pacific Properties on September 11, 2023.