Excel Development Group

Excel Development Group NYC portfolio

$28 million* – specialty 92%, walkup 7%; Manhattan 100%, Bronx 0%

2534th largest portfolio by dollar value

40,835 sqft – specialty 73%, walkup 26%;

3169th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3218th largest

Company Activity past 24 months:

Developer (new building or major alteration): 1 for 104,016 square feet

Top Ten Associated People:

Kevin Sullivan (1), Uri Ben-Ezer (1)

Recent activity as company:

Excel Development Group for Michael Heletz filed plans for new building for 104,016 sqft in Hell’s Kitchen, Manhattan, on May 02, 2023.

Uri Ben-Ezer sold 345 East 33rd Street, Kips Bay, Manhattan for $2.1 million to Excel Development Group on June 17, 2022.

Catholic Charities of the Archdiocese of New York sold 539 West 54th Street, Hell’s Kitchen, Manhattan for $25 million to Excel Development Group on January 18, 2022.

Excel Development Group borrowed $19.5 million from Bank Leumi for 539 West 54th Street, Hell’s Kitchen, Manhattan on January 18, 2022.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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