HUBB NYC
People:
HUBB NYC portfolio
$466 million – elevator 40%, walkup 33%; Manhattan 78%, Brooklyn 21%
132th largest portfolio by dollar value
1,291,217 sqft – elevator 50%, walkup 26%;
259th largest by SF
71 properties – Manhattan 91%, Brooklyn 8%
87th largest
1,608 residential units – Manhattan 71%, Brooklyn 28%
134th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $18.8 million
Seller company: 1 for $12 million
Borrower company: 5 for $43 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
JPMorgan Chase (12), AIR Communities (11), M&T Bank (5), MetLife (2), First Republic Bank (2), Slate Property Group (2), Patricia E. Rowell (1), Rose Associates (1), Greystone & Co. (1), Be-Aviv (1)
Top Ten Associated People:
Lisa Cohn (11), Ursula Flores (5), Alan J. Perlowitz (2), Matthew Stabel (1), Andrew Frohlich (1), Michael Hofheinz (1), Ben Harlev (1), Jay Levinton (1), Jacob Chase (1), Thomas Pierandi (1)
Latest Stories:
• iPark pays $12M to HUBB NYC for garage in Hell’s Kitchen (February 08, 2024)
• HUBB NYC pays $18.8M to UBS fund for 46-unit rental in Harlem (August 24, 2023)
• HUBB NYC pays $40M to Greystone & Co. for 63-unit rental in Park Slope (September 26, 2022)
• HUBB NYC pays $76.8M to Slate, Adam America for 130-unit rental in Williamsburg (August 10, 2022)
• HUBB NYC pays $63.5M to Be-Aviv for 78-unit rental in Lower East Side (June 17, 2022)
• HUBB NYC signs $60M refi with MetLife for building in Harlem (February 11, 2022)
• HUBB NYC pays $116.2M to Greystar for two rentals in Williamsburg (January 03, 2022)
• HUBB NYC pays $140M, part of expected $190M sale (November 22, 2021)
• HUBB NYC pays $105M to Jay Group for 141-unit apartment in Harlem (September 30, 2021)
Litigation: