Treetop Development

Treetop Development portfolio

$48 million* – elevator 97%, walkup 2%; Queens 97%, Brooklyn 2%

976th largest portfolio by dollar value

750,719 sqft – elevator 99%, walkup 0%;

438th largest by SF

2 properties – Brooklyn 50%, Queens 50%

2995th largest

926 residential units – Queens 99%, Manhattan 0%

257th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $10.4 million

Top Ten Associated Companies:

Dwight Mortgage Trust (1), Richard Albert (1), Sugar Hill Capital Partners (1), Berkadia Commercial Mortgage (1), Hudson Valley Property Group (1), Meridian Properties (1), Paula Knoll Gold Family Irrevocable Trust (1)

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)

Recent activity as company:

• Sugar Hill Capital Partners sold 4300 Broadway, Washington Heights, Manhattan for $10.4 million to Treetop Development on May 03, 2023.

• Treetop Development borrowed $22.3 million from Dwight Mortgage Trust for 94-03 222nd Street and 93-45 222nd Street, Queens Village, Queens on June 27, 2022.

• Richard Albert sold 94-03 222nd Street and 93-45 222nd Street, Queens Village, Queens for $20 million to Treetop Development on June 27, 2022.

• Paula Knoll Gold Family Irrevocable Trust sold 376 South 4th Street,, Williamsburg, Brooklyn for $2.2 million to Treetop Development on December 30, 2021.

• Treetop Development sold 1600 Sedgwick Avenue, Highbridge, Bronx for $115 million to Hudson Valley Property Group on January 15, 2021.

• Treetop Development sold 556 Lefferts Avenue, 570 Lefferts Avenue, Flatbush, Brooklyn for $18.2 million to Meridian Properties on July 02, 2020.

• Treetop Development borrowed $120.8 million from Berkadia Commercial Mortgage for 43657 Seagirt Avenue, Queens, Queens on October 31, 2019.