DeMatteis Organization

(RY Management)

820 Elmont Rd. Elmont, NY 11003

dematteisorg.com

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DeMatteis Organization portfolio

$242.8 million* – condo 50%, elevator 49%; Manhattan 100%, Bronx 0%

255th largest portfolio by dollar value

1,202,408 sqft – elevator 57%, condo 42%;

288th largest by SF

561 properties – Manhattan 100%, Bronx 0%

6th largest

1,013 residential units – Manhattan 100%, Bronx 0%

240th largest by residential units

Notes

Website: RY Management “is the management branch of The DeMatteis Organizations (the owner) and has opened and managed many of their properties, as well as properties for third party owners.”

Company Activity past 24 months:

Seller company: 1 for $87.7 million

Borrower company: 1 for $73 million

Top Ten Associated Companies:

LIHC Investment Group (3), Greystone & Co. (1), Capital One (1), Camber Property Group (1)

Top Ten Associated People:

Laura R. Caldwell (1), Todd Phillips (1), Rick Gropper (1)

Recent activity as company:

• DeMatteis Organization sold 735 Lincoln Avenue, 671 Lincoln Avenue, 735 Lincoln Avenue, 2695 Linden Boulevard, N/A Eldert Lane, and others, East New York, Brooklyn for $87.7 million to Camber Property Group on January 24, 2025.

• RY Management borrowed $73 million from Capital One for 1623 3rd Avenue, 1601 3rd Avenue, 1601 3rd Avenue, 1601 3rd Avenue, 1619 3rd Avenue, and others, Yorkville, Manhattan on December 21, 2023.

• DeMatteis Organization borrowed $52 million from Greystone & Co. for 1749 2nd Avenue, Yorkville, Manhattan on December 05, 2022.

• DeMatteis Organization sold Little Italy Restoration Apartments at 21 Spring Street, Nolita, Manhattan for $9.3 million to LIHC Investment Group on March 06, 2020.

• DeMatteis Organization sold Little Italy Restoration Apartments at 21 Spring Street, Nolita, Manhattan for $31.8 million to LIHC Investment Group on March 06, 2020.

• DeMatteis Organization sold Little Italy Restoration Apartments at 21 Spring Street, Nolita, Manhattan for $2.8 million to LIHC Investment Group on March 06, 2020.