Anna Gutteridge

Citibank

(Citi Real Estate Funding, Citi)

Lender

388 Greenwich Street Trading Building, 4th Floor New York, NY 10013

Citibank portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$1.1 billion – office 100%; Manhattan 100%, Bronx 0%

53th largest portfolio by dollar value

2,354,289 sqft – office 100%;

129th largest by SF

2 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 12 for $227.9 million

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

Top Ten Associated Companies:

JRC Management (2), Acropolis Gardens cooperative (1), Edward Ostad (1), Century Development Group (1), Duke Properties (1), Bronstein Properties (1), Parkoff Organization (1), The L Group (1), Salvatore Lucchese (1), Albert Malekan (1)

Top Ten Associated People:

Richard Podpirka (2), Michael Lydon (1), Edward Ostad (1), George Xu (1), Albert Dweck (1), Barry Rudofsky (1), Benny Loria Jr. (1), Salvatore Lucchese (1), Albert Malekan (1), Michael Weitzman (1)

Recent activity as signatory:

• JRC Management borrowed $16.2 million from Citibank for 43-31 45th Street, Sunnyside, Queens on December 23, 2024.

• Renaissance Realty Group borrowed $7.5 million from Citibank for 285 Schenectady Avenue and 1646 Union Street, Crown Heights, Brooklyn on October 25, 2024.

• Sabet Group borrowed $9.5 million from Citibank for 110 East 1st Street, East Village, Manhattan on October 07, 2024.

• JRC Management borrowed $16.8 million from Citibank for 144-25 Roosevelt Avenue, Flushing, Queens on October 02, 2024.

• David Halberstam borrowed $47.5 million from Citibank for 127-131 Concord Street, Downtown Brooklyn, Brooklyn on October 02, 2024.

• Bronstein Propertiesand Parkoff Organization borrowed $17.7 million from Citibank for 43-05 47th Street and 43-38 47th Street, Sunnyside, Queens on September 18, 2024.

• Double U Realty borrowed $28.3 million from Citibank for 723 Manhattan Avenue, Greenpoint, Brooklyn on August 30, 2024.

• Edward Ostad borrowed $10 million from Citibank for 817 9th Avenue and 819 9th Avenue, Hell’s Kitchen, Manhattan on July 24, 2024.

• Albert Malekan borrowed $20 million from Citibank for 419 Lafayette St, NoHo, Manhattan on June 13, 2024.

• The L Groupand Salvatore Lucchese borrowed $9 million from Citibank for 34-50 28th Street, Astoria, Queens on April 05, 2024.