Midwood Investment & Development
People:
Midwood Investment & Development portfolio
$63.3 million – elevator 65%, retail 19%; Manhattan 76%, Brooklyn 23%
791th largest portfolio by dollar value
216,639 sqft – elevator 65%, retail 22%;
1099th largest by SF
4 properties – Manhattan 50%, Brooklyn 50%
154th largest
159 residential units – Manhattan 100%, Bronx 0%
640th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $6.3 million
Borrower company: 2 for $14 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Valley National Bank (2), BlackRock (1), MetLife (1), Dana Sasouness (1), Woodmen of the World Life Insurance Society (1), Bashir A. Alsaedi (1), Sadeeq A. Alsaedi (1), Stanley Myer (1), Feil Organization (1), BCG Holdings (1)
Top Ten Associated People:
Alfred Sorrentino, Jr. (2), Debra Mistretta (1), Michael Hofheinz (1), Dana Sasouness (1), Bashir A. Alsaedi (1), Stanley Myer (1), Jeffrey J. Feil (1)
Latest Stories:
• Midwood Investment sells mixed-use in Greenpoint for $6.3M (November 03, 2023)
• Midwood Investment signs $11M acquisition loan for mixed-use in Lenox Hill (June 27, 2022)
• Midwood Investment pays $102M to BlackRock for residential elevator in West Village (May 23, 2022)
• Feil Organization pays $9.8M to Midwood Investment for three properties in Bronx (August 19, 2021)
Litigation: