Second Development Services

People:

To see the 2 people from this company you need a Professional level subscription

Subscribe ($125/month)

Second Development Services portfolio

$10.2 million* – condo 100%; Brooklyn 100%, Manhattan 0%

2640th largest portfolio by dollar value

89,142 sqft – condo 100%;

2074th largest by SF

94 properties – Brooklyn 100%, Manhattan 0%

95th largest

51 residential units – Brooklyn 100%, Manhattan 0%

2153th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Top Ten Associated Companies:

AWH Partners (1), Silver Point Capital (1), Ares Management (1)

Top Ten Associated People:

Michael A. Gatto (1), Keith Kooper (1)

Recent activity as company:

Second Development Services borrowed $23 million from Ares Management for 285 Schermerhorn Street, Boerum Hill, Brooklyn on April 26, 2022.

Second Development Services borrowed $40 million from Silver Point Capital for 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, and others, Clinton Hill, Brooklyn on February 23, 2022.

Second Development Services sold 88 Schermerhorn Street, Brooklyn Heights, Brooklyn for $13.6 million to AWH Partners on August 13, 2019.

Court Records:

To see the 2 cases for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 2 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply