Sunlight Development

201 46th St, Brooklyn, NY 11220

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Sunlight Development portfolio

$53 million – office 64%, retail 19%; Manhattan 64%, Queens 34%

899th largest portfolio by dollar value

217,122 sqft – office 67%, elevator 26%;

1095th largest by SF

7 properties – Queens 71%, Manhattan 14%

150th largest

100 residential units – Queens 91%, Brooklyn 9%

698th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $74.8 million

Seller company: 0 for $0

Borrower company: 3 for $149.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

S3 Capital (3), Amerasia Bank (2), Eastone Equities (1), Diane Macari (1), Michael Sklar (1), Sharan Sklar (1), Rita Sklar (1), NuVerse Advisors (1), William Chou (1), Spruce Capital (1)

Top Ten Associated People:

Joshua Crane (3), Chi-Jen Hsu (2), Stuart Lederer (1), Diane Macari (1), Michael Sklar (1), Sharan Sklar (1), Stephen Saali (1), Dov Schlein (1), Michael Becker (1), Ben Chou (1)

Latest Stories:

• Sunlight Development pays $9.8M for mid-construction project in Sunset Park (September 03, 2024)

• David Aboodi affiliate buys $4.98M note secured by Sunset Park dev site (June 25, 2024)

• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)

• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion (June 03, 2024)

• Sunlight Development signs $92M construction loan with S3 Capital for 127-unit condo project in Flushing (May 07, 2024)

• Goodman Capital gives $23M loan for NoMad office building exiting bankruptcy (February 23, 2024)

• Sunlight Development submits $268.7M condo plan in Flushing, city’s second-highest in 2023 (January 05, 2024)

• NuVerse, Sunlight submit $161M condo plan for 122 units in Astoria (November 21, 2023)

• NuVerse Advisors signs $65.3M construction loan with Bank Hapoalim for 118-unit project in Astoria (June 30, 2023)

• Sunlight Development files plans for 125-unit building in Flushing (November 02, 2022)

Properties:

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