Treetop Development

Treetop Development portfolio

$53.6 million – elevator 97%, walkup 2%; Queens 87%, Manhattan 10%

891th largest portfolio by dollar value

803,317 sqft – elevator 99%, walkup 0%;

396th largest by SF

3 properties – Manhattan 33%, Brooklyn 33%

154th largest

980 residential units – Queens 93%, Manhattan 5%

225th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $10.4 million

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 0 for $0

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

Top Ten Associated People:

Jillian Lloyd (1), Margaret Grossman (1), Michael Niamonitakis (1), Morris Joseph Knoll (1), Daniel Nathan Knoll (1), Yosefa Knoll (1), Charles Knoll (1), Yael Guttman (1), Paula Knoll Gold (1), Amanda Weisenfeld (1)

Latest Stories:

• Cedarbridge Management pays $10.4M to Sugar Hill for 54-unit rental in Washington Heights, bought for $21.6M in 2016 (May 04, 2023)

• $24.8M refi loan with Valley National Bank for two properties in Queens Village (December 16, 2022)

• Signature Bank files $16M pre-foreclosure against Sugar Hill Capital Partners (November 11, 2022)

• Treetop Development pays $20M for two properties in Queens Village (June 28, 2022)

• Treetop pays $2.2M to Knoll family for rental in Williamsburg (January 03, 2022)

• Hudson Valley Property Group buys Bronx affordable from Treetop valued at $115M (January 18, 2021)

• Hudson Valley Property Group ups affordable debt by $7.98M (January 18, 2021)

• Meridian Properties pays $18.3M for Flatbush rental that Treetop bought in 2017 for $25M (July 06, 2020)

• Meridian Properties borrows $13.7M from New York Community Bank for property acquisition in Flatbush (July 06, 2020)

• Treetop Development borrows $121M from Berkadia Commercial Mortgage for rental property in Far Rockaway (November 01, 2019)

Properties:

To see the 3 properties for this company you need a Professional level subscription

Subscribe ($125/month)