Rockrose Development
15 East 26th St 7th floor New York, NY 10010
People:
Rockrose Development portfolio
$1.8 billion – elevator 66%, condo 9%; Manhattan 48%, Queens 35%
30th largest portfolio by dollar value
7,132,480 sqft – elevator 65%, D4 12%;
35th largest by SF
67 properties – Brooklyn 61%, Queens 23%
91th largest
7,525 residential units – Queens 43%, Manhattan 33%
17th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 7 for $253.8 million
Seller company: 4 for $94 million
Borrower company: 4 for $786.2 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wells Fargo (7), Adams & Company (5), Teamsters Local 807 (3), Robert Kotler (2), Deutsche Pfandbriefbank (1), One Rockwell Place condominium (1), Equitable Financial Life Insurance Company (1), MetLife (1), Stephen Sun (1), Thomas Sun (1)
Top Ten Associated People:
David Levy (4), Christian Adrian (3), Demos P. Demopoulos (2), Scott Little (2), Peter R. McGreevy (1), Michael Hofheinz (1), Anthony Storz (1), Stephen Sun (1), Thomas Sun (1), Maureen Lawrence (1)
Latest Stories:
• Rockrose signs $249.4M refi with Wells Fargo for 709-unit LIC rental (November 18, 2024)
• Rockrose pays $65M to Madison Realty for dev site in Cobble Hill (September 03, 2024)
• Rockrose pays $160M to St. Francis College for property in Brooklyn Heights (April 04, 2023)
• Rockrose ups debt by $98M to $138.7M at 340-unit rental in Battery Park City (March 08, 2023)
Litigation: