Metropolitan Commercial Bank
People:
Metropolitan Commercial Bank portfolio
$4.9 million* – mixed-use 100%; Brooklyn 100%, Manhattan 0%
3839th largest portfolio by dollar value
15,800 sqft – mixed-use 100%;
4577th largest by SF
0 foreclosures, 1 bankruptcy, 1 other court case.
Company Activity past 24 months:
Lender company: 40 for $713.6 million
Top Ten Associated Companies:
SKF Development (9), Premier Equities (5), Barone Management (4), Oak Tree Residential (4), Leser Group (3), Angelo Gordon (3), Maddd Equities (3), NuVerse Advisors (3), Spaxel (3), Benchmark Real Estate Group (2)
Top Ten Associated People:
Robert J. Teitelbaum (11), John Silviano (5), Jeremiah Lucey (4), Abraham Leser (3), Dov Schlein (3), Granit Gjonbalaj (3), Jordan Vogel (2), Abraham Betesh (2), Matthew Greenberg (2), Edward Cohen (2)
Recent activity as company:
• Lam Group borrowed $40 million from Metropolitan Commercial Bank for 160 West 25th Street, Chelsea, Manhattan on February 04, 2025.
• SKF Development borrowed $22.6 million from Metropolitan Commercial Bank for 1760 Boone Avenue, East Morrisania, Bronx on February 03, 2025.
• Library Hotel Collection borrowed $30 million from Metropolitan Commercial Bank for 365 Park Avenue South, NoMad, Manhattan on January 22, 2025.
• Chess Builders borrowed $79 million from S3 Capital for 250 West 49th Street, Midtown West, Manhattan on January 22, 2025.
• L+M Development Partners borrowed $6 million from Metropolitan Commercial Bank for 11 Broadway, 11 Broadway, 11 Broadway, 11 Broadway, and 11 Broadway, Williamsburg, Brooklyn on January 13, 2025.
• P. Zaccaro borrowed $76.6 million from Oceanview Life and Annuity Company for 73-75 Sullivan Street, 68-70 Spring Street, 241 Mulberry Street, 1-3 Mott Street, and 218 Lafayette Street, SoHo, Manhattan on January 02, 2025.
• Cobble Hill LifeCare borrowed $25.4 million from Metropolitan Commercial Bank for 380 Henry Street, Cobble Hill, Brooklyn on December 16, 2024.
• Cayre Equities borrowed $8.5 million from Metropolitan Commercial Bank for 254-258 West 35th Street, Garment District, Manhattan on November 29, 2024.
• SKF Development borrowed $37.2 million from Metropolitan Commercial Bank for 2499 Sedgwick Avenue, Fordham Manor, Bronx on November 13, 2024.
• United American Land borrowed $9 million from Metropolitan Commercial Bank for 734 Broadway, NoHo, Manhattan on October 17, 2024.
Latest Stories:
• Lam Group signs $40M refi for Chelsean Hotel in Chelsea (February 05, 2025)
• Library Hotel Collection signs $30M refi for hotel in NoMad (January 23, 2025)
• Chess Builders pays $30M to Hakimian Org. for 135-unit dev site in Midtown West (January 20, 2025)
• Maheshchand Ratanji pays $14M to SMA Group NYC for hotel in Hudson Yards (January 15, 2025)
• P. Zaccaro signs $76.6M refi for five properties in Manhattan (January 03, 2025)
• Cayre Equities pays $16.1M for loft building in Garment District (December 02, 2024)
• Meshulem Twersky signs $28.5M refi for rentals in Astoria (November 19, 2024)
Court Records:
Properties: