Alexander Hofstedter
(Alexander Hofsteder)
JY Capital Group
Lender
377 Pearsall Avenue, Suite C, Cedarhurst NY 11516
1193 E 19th St, Brooklyn, NY 11230
La Maison de JY
Straights of JY LP
JY Citizen L.P.
JY Shtotty SPE LLC
JY Capital Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$1.5 million – walkup 100%; Bronx 100%, Manhattan 0%
5845th largest portfolio by dollar value
20,570 sqft – walkup 100%;
4115th largest by SF
35 residential units – Bronx 100%, Manhattan 0%
763th largest by residential units
36 foreclosures, 2 bankruptcies, 0 other court cases.
Notes
“Alexander Hofstedter, who because of his religious beliefs does not swear, solemnly affirms under the penalties of perjury, as follows: I am a general partner and authorized signatory of JY PARAPET L.P.”
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 1 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Enrico Manetta (1), Precise Management (1)
Top Ten Associated People:
Enrico Manetta (1), Cheryl E. Ighodaro (1)
Recent activity as signatory:
• Enrico Manetta borrowed $0 from JY Capital Group for 58-89 57th Street, 44-17 54th Drive, 14-02 150th Street, 44-25 54th Drive, 44-21 54th Drive, and others, Maspeth, Queens on July 18, 2023.
• Elmo Realty borrowed $26 million from Metropolitan Commercial Bank for 2535 Fredrick Douglass Bl, Harlem, Manhattan on April 07, 2023.
• Precise Management sold 16 Menahan Street, 67 Stuyvesant Avenue, 66 Lewis Avenue, 116 Marcus Garvey Blvd, 336 Throop Avenue, and others, Bushwick, Brooklyn for $0 to company on September 01, 2021.
Latest Stories:
• Precise Management signs contract to sell six Brooklyn properties September 02, 2021
• Saba Vadhat files plans for 22-unit mixed-use building in Central Harlem October 14, 2020