Ironstate Development

Ironstate Development portfolio

$99.5 million* – condo 68.0%, elevator 31.0%; Manhattan 100.0%, Bronx 0.0%

562th largest portfolio by dollar value

320,203 sqft – condo 68.0%, elevator 31.0%;

866th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2212th largest

317 residential units – Manhattan 100.0%, Bronx 0.0%

628th largest by residential units

Top Ten Associated Companies:

Deutsche Bank (2), Bank of America (1)

Top Ten Associated People:

Jose Garcia (1), Christopher Harris (1), Jon Tilli (1)

Recent activity as company:

• CBSK Ironstate, Ironstate Development, SK Development and CB Developers borrowed $166.2 million from Deutsche Bank for 547 West 47th Street, Hell’s Kitchen, Manhattan on August 29, 2022.

• CB Developers, SK Development, Ironstate Development and CBSK Ironstate borrowed $70 million from Bank of America for 358 Bowery, NoHo, Manhattan on February 25, 2022.

• Ironstate Development borrowed $32.5 million from Deutsche Bank for 221 West 29th Streetnot available, Chelsea, Manhattan on October 28, 2019.

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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