Andrew Frohlich
Greystone & Co.
Owner, Lender
Private Equity
419 Belle Air Ln, Warrenton, VA 20186
152 West 57th Street 60th Floor, New York, NY 10019-3310
Greystone & Co. portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$25.7 million – elevator 60%, walkup 39%; Brooklyn 60%, Manhattan 39%
1456th largest portfolio by dollar value
97,881 sqft – elevator 77%, walkup 22%;
1935th largest by SF
2 properties – Manhattan 50%, Brooklyn 50%
155th largest
64 residential units – Brooklyn 85%, Manhattan 14%
734th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $28.2 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
HUBB NYC (1), GO-RE Partners (1)
Top Ten Associated People:
John P. McCarthy (1), Steve Dluzyn (1), Doron Greenberg (1)
Recent activity as signatory:
• Greystone Development sold 69 East 125th Street, East Harlem, Manhattan for $28.2 million to GO-RE Partners on October 19, 2023.
• Greystone & Co. sold 225 4th Avenue and 225 4th Avenue, Park Slope, Brooklyn for $40 million to HUBB NYC on September 23, 2022.