Time Equities
People:
Time Equities portfolio
$242.6 million* – condo 53%, walkup 30%; Manhattan 94%, Queens 5%
256th largest portfolio by dollar value
716,769 sqft – condo 51%, walkup 24%;
458th largest by SF
125 properties – Manhattan 96%, Queens 3%
64th largest
475 residential units – Manhattan 100%, Bronx 0%
443th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Borrower company: 6 for $132 million
Lender company: 1 for $20.5 million
Top Ten Associated Companies:
Provident Bank (2), Amalgamated Bank (1), Sky Management (1), IATSE Local 798 (1), Flushing Bank (1), Time Equities (1), City National Bank (1), Sterling National Bank (1), Young Jin Kwon (1), Benefit Street Partners (1)
Top Ten Associated People:
Jonathan Ohebshalom (1), John Curtain (1), Corinne Mullen (1), Paul Keshian (1), Francis Greenberger (1), William Mathews (1), Jim Kwon (1), Young Jin Kwon (1), Rita Gulati Kwon (1), Jacob Beinholt (1)
Recent activity as company:
• Time Equities borrowed $79.7 million from Benefit Street Partners for 50 West Street, 50 West Street, 50 West Street, 50 West Street, 50 West Street, and others, Financial District, Manhattan on December 02, 2024.
• Time Equities borrowed $11.9 million from City National Bank for 170 Spring Street, SoHo, Manhattan on August 28, 2024.
• Time Equities borrowed $7.8 million from Metropolitan Commercial Bank for 125 Maiden Lane, 125 Maiden Lane, 125 Maiden Lane, 125 Maiden Lane, 125 Maiden Lane, and others, Financial District, Manhattan on July 03, 2024.
• Time Equities borrowed $20.5 million from Time Equities for 170 Spring Street, 134 West 93rd Street, 134 West 93rd Street, 134 West 93rd Street, 134 West 93rd Street, and others, SoHo, Manhattan on April 18, 2024.
• Time Equities borrowed $5.1 million from Provident Bank for 162 West 56th Street, Midtown West, Manhattan on September 18, 2023.
• Time Equities borrowed $7 million from Flushing Bank for 80 Nassau Street and 80 Nassau Street, Financial District, Manhattan on August 23, 2023.
• Time Equities sold 70 West 36th Street, Garment District, Manhattan for $2.4 million to IATSE Local 798 on January 19, 2023.
• Time Equities sold 240 Sullivan Street, Greenwich Village, Manhattan for $17 million to Sky Management on June 21, 2022.
• Time Equities sold 155 East 37th Street, Murray Hill, Manhattan for $3.9 million to Young Jin Kwon on December 01, 2021.
• Time Equities borrowed $10 million from Sterling National Bank for 50 West Street, 50 West Street, 50 West Street, 50 West Street, 50 West Street, Financial District, Manhattan on December 08, 2020.
Latest Stories:
• Time Equities signs $20.5M refi with affiliate for 3 buildings in SoHo, UWS (April 19, 2024)
• Sky Management pays $17M to Time Equities for 23-unit walkup in Greenwich Village (June 22, 2022)
Court Records:
Properties: