Optimum Asset Management

People:

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Optimum Asset Management portfolio

$15.6 million* – elevator 61%, D3 29%; Manhattan 100%, Bronx 0%

2042th largest portfolio by dollar value

128,839 sqft – elevator 65%, D3 34%;

1628th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2337th largest

114 residential units – Manhattan 100%, Bronx 0%

1320th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $81.8 million

Top Ten Associated Companies:

Madison Realty Capital (1), Zusatzversorgungskasse des Baugewerbes (1)

Top Ten Associated People:

Brian Shatz (1)

Recent activity as company:

Optimum Asset Management borrowed $81.8 million from Zusatzversorgungskasse des Baugewerbes for 232 East Broadway, 228 East Broadway, and 226 East Broadway, Lower East Side, Manhattan on January 30, 2024.

Optimum Asset Management borrowed $44.6 million from Madison Realty Capital for 228 East Broadway, 226 East Broadway, and 232 East Broadway, Lower East Side, Manhattan on January 12, 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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