Platinum Realty Associates
102-10 Metropolitan Avenue, Suite 200 Forest Hills, NY 11735
People:
Platinum Realty Associates portfolio
$112.8 million – retail 66%, mixed-use 27%; Queens 58%, Brooklyn 36%
493th largest portfolio by dollar value
517,360 sqft – retail 68%, mixed-use 23%;
578th largest by SF
86 properties – Queens 56%, Brooklyn 38%
76th largest
53 residential units – Queens 56%, Brooklyn 43%
745th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 6 for $24 million
Seller company: 3 for $16.4 million
Borrower company: 1 for $8.9 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (4), First National Bank of Long Island (1), Customers Bank (1), Michael Weiss (1), Zeev Jacob (1), Yuval Jacob (1), Capital One (1), Levi Neubort (1), Harbor Group International (1), Lai Tin Yam (1)
Top Ten Associated People:
Nicholas A. LaMorte (2), Richard O’Rourke (1), Gregory Fantauzzi (1), Michael Weiss (1), Yuval Jacob (1), Jennifer Golek (1), Levi Neubort (1), Carla R. Stoner (1), Lai Tin Yam (1), Emmie Glynn Ryan (1)
Latest Stories:
• Platinum Realty Associates pays $2.8M for retail in Canarsie (August 28, 2024)
• Platinum Realty Associates pays $2.3M for mixed-use in Astoria (April 03, 2024)
• Platinum Realty Associates pays $2.4M for retail in Mott Haven (November 29, 2023)
• Platinum Realty Associates pays $2.4M for retail in Cambria Heights (September 07, 2023)
• Catholic Charities pays $6M to Platinum Realty for mixed-use in Jamaica (April 27, 2023)
• Lai Tin Yam pays $5.7M to Platinum Realty for mixed-use in Ridgewood (March 31, 2023)
Litigation: