Simon Baron Development

Simon Baron Development portfolio

$1.9 million* – industrial 100%; Queens 100%, Manhattan 0%

5538th largest portfolio by dollar value

17,225 sqft – industrial 100%;

4431th largest by SF

Company Activity past 24 months:

Seller company: 1 for $23 million

Top Ten Associated Companies:

Roger and Jennifer Park Revocable Trust (1), Benchmark Real Estate Group (1), Astral Weeks (1), Miguel Oks (1), Johannes William Weber (1), Centennial Bank (1), Richard Wissak (1)

Top Ten Associated People:

Roger Park (1), Jennifer Park (1), Raymond Roubeni (1)

Recent activity as company:

• Simon Baron Development sold 12 Franklin Street, Greenpoint, Brooklyn for $23 million to Astral Weeks and Miguel Oks on November 13, 2023.

• Simon Baron Development sold 269 West 87th St, Upper West Side, Manhattan for $3.1 million to Roger and Jennifer Park Revocable Trust on January 05, 2022.

• Simon Baron Development borrowed $22.5 million from Centennial Bank for 12 Franklin Street, Greenpoint, Brooklyn on January 16, 2020.

• Richard Wissak sold 45-10 Vernon Boulevard, Queens, Queens for $0 to Simon Baron Development on November 12, 2019.

• Simon Baron Development sold 166 West 75 Street, Upper West Side, Manhattan for $51.5 million to Benchmark Real Estate Group on August 15, 2019.

• Simon Baron Development sold 12 East 88Th Street, Carnegie Hill, Manhattan for $10.3 million to Johannes William Weber on August 15, 2019.

Properties:

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

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