Criterion Group
Criterion Group portfolio
$15.5 million* – industrial 62%, condo 25%; Queens 50%, Bronx 28%
2050th largest portfolio by dollar value
408,839 sqft – E7 60%, industrial 30%;
725th largest by SF
11 properties – Queens 45%, Bronx 36%
806th largest
Company Activity past 24 months:
Buyer company: 2 for $30 million
Borrower company: 1 for $10.5 million
Top Ten Associated Companies:
Carlyle Group (3), Bernd Messing (2), Stephanie Messing (2), Steven Newman (2), New York Community Bank (2), Criterion Group (1), Preferred Bank (1), Beth Siegel (1), Flagstar Bank (1), Sam Farkas (1)
Top Ten Associated People:
Jason Hart (3), Bernd Messing (1), Stephanie Messing (1), James C. Ricca (1), Beth Siegel (1), John R. Philip (1), Dino Tomassetti Jr. (1)
Recent activity as company:
• Sam Farkas sold 60-82 Davidson Street and 82 Davidson Street, Mariners Harbor, Staten Island for $14 million to Criterion Group on July 09, 2024.
• Criterion Group borrowed $10.5 million from Flagstar Bank for 1066 Zerega Avenue, Unionport, Bronx on May 02, 2023.
• Beth Siegel sold 1066 Zerega Avenue, Unionport, Bronx for $16 million to Criterion Group on May 02, 2023.
• Criterion Group borrowed $10 million from Bernd Messing and Stephanie Messing for 1051 Irving Avenue, N/A Irving Avenue, and N/A Schaeffer Street, Ridgewood, Queens on July 15, 2022.
• Bernd Messing and Stephanie Messing sold 1051 Irving Avenue, N/A Irving Avenue, and N/A Schaeffer Street, Ridgewood, Queens for $26 million to Criterion Group on July 15, 2022.
• Criterion Group and Steven Newman borrowed $16.4 million from Preferred Bank for 31-08 Northern Blvd, Long Island City, Queens on July 11, 2022.
• Criterion Group sold 31-08 Northern Blvd, Long Island City, Queens for $17.5 million to Criterion Group and Steven Newman on July 11, 2022.
• Criterion Group sold 31-08 Northern Blvd, Long Island City, Queens for $80 million to Carlyle Group on July 05, 2022.
• Criterion Group borrowed $10.2 million from New York Community Bank for 4855 Baldwin Street and 4616 Bradley Street, None, Bronx on June 16, 2022.
• Asset Realty & Construction Group sold 3536 Peartree Avenue, Eastchester, Bronx for $5.8 million to Criterion Group on December 17, 2021.
Latest Stories:
• Yung Ching Siu signs $18.7M refi with Axos Bank for industrial in Mt. Vernon (August 15, 2023)
• Criterion Group pays $16M for industrial in Bronx (May 03, 2023)
• Criterion Group pays $26M for dev site in Ridgewood (July 18, 2022)
• Carlyle Group pays $80M to Criterion Group for storage in Long Island City (July 06, 2022)
• Criterion Group signs $10.2M refi for two industrial properties in Bronx (June 17, 2022)
• Yung Ching Siu pays $7.2M to Philip Vallone for Bronx industrial (December 28, 2021)
• Criterion Group pays $5.8M to Asset Realty for development site in Eastchester (December 20, 2021)
Properties: