iPark

People:

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iPark portfolio

$17.2 million* – industrial 52%, condo 47%; Manhattan 100%, Bronx 0%

1923th largest portfolio by dollar value

106,465 sqft – condo 57%, industrial 42%;

1852th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1873th largest

Company Activity past 24 months:

Buyer company: 2 for $16.2 million

Borrower company: 2 for $13.1 million

Top Ten Associated Companies:

Hakimian Organization (1), HUBB NYC (1), Valley National Bank (1), Adler Group (1), Provident Bank (1)

Top Ten Associated People:

Joe Hakimian (1), John P. McCarthy (1), Steve Dluzyn (1), Christine Heaney (1), Robert Liberman (1)

Recent activity as company:

iPark borrowed $5.9 million from Valley National Bank for 304 West 49th Street, Hell’s Kitchen, Manhattan on August 08, 2024.

iPark borrowed $7.2 million from Provident Bank for 350 West 42nd Street, Hell’s Kitchen, Manhattan on March 28, 2024.

HUBB NYC sold 350 West 42nd Street, Hell’s Kitchen, Manhattan for $12 million to iPark on February 07, 2024.

Adler Group sold 9 West 100th Street, Upper West Side, Manhattan for $4.2 million to iPark on November 15, 2023.

Hakimian Organization sold 75 Wall Street, Financial District, Manhattan for $5 million to iPark on May 24, 2022.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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