Piermont Bank

Company Activity past 24 months:

Lender company: 2 for $13.6 million

Top Ten Associated Companies:

Astral Weeks (2), Joel Friedman (2), BCN Development (2), Hidrock Properties (1), Moses Guttman (1), Jewel Saeed (1), Shlome Landau (1), Kamaljit Singh (1), Chaim Schwartz (1), Shimon Weinberger (1)

Top Ten Associated People:

Raymond Roubeni (2), Joel Friedman (2), Craig Nassi (2), Eddie Hidary (1), Moses Guttman (1), Jewel Saeed (1), Shlome Landau (1), Kamaljit Singh (1), Chaim Schwartz (1), Shimon Weinberger (1)

Recent activity as company:

• Jouffre borrowed $5.8 million from Flushing Bank for 42-20 13th Street, Long Island City, Queens on January 13, 2025.

• Lawrence Ottaviano borrowed $7.2 million from Edgewood Capital Advisors for 55 Grove Street, West Village, Manhattan on November 12, 2024.

• Kamaljit Singh borrowed $12.7 million from Alma Bank for 113-02 Atlantic Avenue, South Richmond Hill, Queens on October 29, 2024.

• Corlears School borrowed $11 million from Urban Standard Capital for 322-326 West 15th Street, Chelsea, Manhattan on September 30, 2024.

• IB Global borrowed $8.2 million from Piermont Bank for 171 1st Avenue, East Village, Manhattan on October 12, 2023.

• Saul Friedman borrowed $5.3 million from Piermont Bank for 153 Erasmus Street, East Flatbush, Brooklyn on September 22, 2023.

• Daniel Azoulay borrowed $5.7 million from LMF Commercial for 1817 Putnam Avenue, Ridgewood, Queens on September 05, 2023.

• Joel Friedman borrowed $6.1 million from Piermont Bank for 1503 Morris Avenue, Claremont Village, Bronx on January 06, 2023.

• Astral Weeks borrowed $8 million from Piermont Bank for 42 Orient Avenue and 30 Orient Avenue, East Williamsburg, Brooklyn on December 28, 2022.

• Jewel Saeed borrowed $8.2 million from Piermont Bank for 31-05 21st Street, Astoria, Queens on December 27, 2022.

Latest Stories:

• Jouffre pays $7.5M for industrial in LIC, owns adjacent property (January 14, 2025)

• IB Global pays $9.4M for mixed-use in East Village (October 13, 2023)

• Anonymous buyer pays $9M for newly built 18-unit elevator rental in Bushwick (April 19, 2022)

• Chaim Schwartz pays $11M to Aleksander Lakaj for new elevator building in Williamsbridge (January 12, 2022)

• Shimshon Grunstein signs $7.8M construction loan with S3 Capital for 45-unit development in Morrisania (August 05, 2021)

• Son Dinh Tran pays $5M to Jonathan Moinian for 25-unit rental in Mott Haven (February 03, 2021)

• Jewel Saeed gets $7.7M construction loan from Investors Bank for 23-unit project in Astoria (August 26, 2020)

• Craig Nassi’s BCN Development borrows $8M from Piermont Bank to refi development in University Heights (May 05, 2020)

• Elliot Antebi’s Ellemark Management pays $14M to Semmes Brightman’s MIB Real Estate Enterprises for residential property in East Village (December 05, 2019)

• Elliot Antebi’s Ellemark Management borrows $12M from Bridgeinvest for mixed-use property in East Village (December 05, 2019)

Court Records: