Elo Organization

42 W 48th St, New York, NY 10036

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Elo Organization portfolio

$92.5 million* – office 100%; Manhattan 100%, Bronx 0%

603th largest portfolio by dollar value

337,337 sqft – office 100%;

840th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1010th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 1 for $43 million

Seller company: 3 for $23.5 million

Borrower company: 2 for $54.6 million

Top Ten Associated Companies:

Dime Community Bank (3), Goose Property Management (2), JPMorgan Chase (1), William Zeng Zhang Shao (1), Edmund Weinmann (1), Citibank (1)

Top Ten Associated People:

William J. Newham III (1), Churchill Real Estate Holdings signed a 99-year ground lease in MONTH 2024 with Jackson Group, then divided the building into three commercial condominium units, two for retail and one for residential units. (1), Yitzchok Katz (1), Ursula Flores (1), William Zeng Zhang Shao (1), Arline Weinmann (1), Justin Waiser (1), Jonathan Misher (1)

Recent activity as company:

• Elo Organization borrowed $49 million from Citibank for 6 West 48th Street and 21 West 46th Street, Midtown West, Manhattan on January 29, 2025.

• Edmund Weinmann sold 21 West 46th Street, Midtown West, Manhattan for $43 million to Elo Organization on January 29, 2025.

• Elo Organization sold 768 Flatbush Avenue, Flatbush, Brooklyn for $1.5 million to William Zeng Zhang Shao on December 12, 2024.

• Elo Organization sold N/A 3rd Avenue, Gowanus, Brooklyn for $22 million to Goose Property Management on November 14, 2024.

• Elo Organization sold 172 Third Avenue, Gowanus, Brooklyn for $0 to Goose Property Management on May 16, 2024.

• Elo Organization borrowed $5.6 million from Dime Community Bank for 19 East 48th Street, Midtown East, Manhattan on February 09, 2024.

• Elo Organization borrowed $19.5 million from JPMorgan Chase for 42 West 48th Street, Midtown West, Manhattan on April 25, 2022.

• ELO Organization borrowed $31 million from Dime Community Bank for 30 West 47th Street, Midtown, Manhattan on December 16, 2021.

• ELO Organization borrowed $37.5 million from Dime Community Bank for 39 West 38th Street, 144 West 37th Street, and 40 West 38th Street, Garment District, Manhattan on August 26, 2021.