Roman Catholic Church

Roman Catholic Church portfolio

$973.8 million* – specialty 32%, hotel 21%; Brooklyn 32%, Manhattan 27%

64th largest portfolio by dollar value

5,023,226 sqft – specialty 35%, M1 18%;

57th largest by SF

147 properties – Brooklyn 44%, Queens 34%

54th largest

886 residential units – Brooklyn 97%, Queens 1%

265th largest by residential units

0 foreclosures, 0 bankruptcies, 31 other court cases.

Company Activity past 24 months:

Seller company: 17 for $209.5 million

Borrower company: 1 for $250 million

Lender company: 2 for $34 million

Top Ten Associated Companies:

Spatial Equity Co. (3), Community Access (3), NYC School Construction Authority (3), JMM Charitable Foundation (2), Watermark Capital Group (2), Steven Shapiro (1), Vincent J. Gallo (1), Centro Maria (1), Shimshon Grunstein (1), NYC Housing Development Corporation (1)

Top Ten Associated People:

Christopher Lacovara (3), Nina Kubota (3), Wolfe Landau (3), Shirley Wang (2), Steven Shapiro (1), Vincent J. Gallo (1), Joelle Halperin (1), Shimshon Grunstein (1), Lauren Conners (1), Richard Nightingale (1)

Recent activity as company:

• Roman Catholic Church and Roman Catholic Church of Saints Peter and Paul sold 129 Clinton Avenue, 145 Clinton Avenue, N/A Cassidy Place, and 148 Cassidy Place, Randall Manor, Staten Island for $10.9 million to On Your Mark on December 06, 2024.

• Archdiocese of New York and Roman Catholic Church borrowed $250 million from Goldman Sachs for 455 Madison Avenue, 457 Madison Avenue, and 35 East 50th Street, Midtown East, Manhattan on October 16, 2024.

• Roman Catholic Church and St. John’s Roman Catholic Church in the city of Brooklyn sold 259 22nd Street, Greenwood Heights, Brooklyn for $12 million to Poise Property Group on October 01, 2024.

• Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric sold 181 Avenue D, Alphabet City, Manhattan for $35 million to Spatial Equity Co. and Community Access on August 20, 2024.

• Spatial Equity Co. and Community Access borrowed $23 million from Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric for 733 East 12th Street, Alphabet City, Manhattan on August 06, 2024.

• Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric sold 733 East 12th Street, Alphabet City, Manhattan for $23 million to Spatial Equity Co. and Community Access on August 06, 2024.

• Roman Catholic Church and Church of the Blessed Sacrament sold 133 West 70th Street, Lincoln Square, Manhattan for $4.6 million to Aurec Capital and Golden Arc on July 22, 2024.

• Roman Catholic Church and Church of St. Rita sold N/A Wellbrook Avenue, Manor Heights, Staten Island for $8.3 million to Randy Franza on July 16, 2024.

• Roman Catholic Church and Church of Saint Monica sold 213 East 83rd Street and 211 East 83rd Street, Yorkville, Manhattan for $11.8 million to Robert Saffayeh on July 12, 2024.

• Cristo Rey Brooklyn High School, Roman Catholic Church and Diocese of Brooklyn sold 1377 Brooklyn Avenue, East Flatbush, Brooklyn for $7.2 million to James Equities and NYC Housing Partnership on June 11, 2024.