Anoop Rustgi
Quadrum Global
Owner
Quadrum Global portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$316.5 million – office 65%, hotel 31%; Queens 65%, Manhattan 22%
187th largest portfolio by dollar value
1,813,291 sqft – office 74%, hotel 12%;
171th largest by SF
4 properties – Brooklyn 50%, Manhattan 25%
153th largest
547 residential units – Manhattan 68%, Brooklyn 31%
354th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $96 million
Seller signatory: 1 for $47 million
Borrower signatory: 4 for $237.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Affinius Capital (2), Madison Realty Capital (1), Heritage Equity Partners (1), Heritage Equity Partners bankrupt (1), RMWC (1), ZD Jasper Realty (1), Quadrum Global (1)
Top Ten Associated People:
Brad Cohen (2), David Speiser (1), Stephen S. Gray (1), Zhidong Wu (1), Ilyas Aslam (1), Dmitry Titievskiy (1)
Recent activity as signatory:
• Quadrum Global borrowed $52.7 million from Quadrum Global for 96 Wythe Avenue, Williamsburg, Brooklyn on August 23, 2024.
• Quadrum Globaland Baron Property Groupand Simon Development sold 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens for $47 million to ZD Jasper Realty on May 06, 2024.
• Quadrum Global borrowed $58 million from RMWC for 96 Wythe Avenue, Williamsburg, Brooklyn on May 02, 2023.
• Heritage Equity Partnersand Heritage Equity Partners bankrupt sold 96 Wythe Avenue, Williamsburg, Brooklyn for $96 million to Quadrum Global on May 02, 2023.
• Quadrum Global borrowed $82.5 million from Affinius Capital for 351 West 38th Street, Garment District, Manhattan on March 22, 2023.
• Quadrum Global borrowed $44.2 million from Affinius Capital for 25-01 Jackson Avenue, Long Island City, Queens on March 22, 2023.
• Quadrum Global borrowed $126 million from Madison Realty Capital for 29 Huron Street, Greenpoint, Brooklyn on July 13, 2022.
• Anoop Rustgi filed plans for new building for 145,406 sqft in Garment District, Manhattan, on May 19, 2017.
Latest Stories:
• ZD Jasper Realty files plans for 190-unit project in LIC at $47M dev site August 01, 2024
• ZD Jasper pays $47M to Quadrum, Baron, Simon Dev. for LIC dev site May 07, 2024
• Benefit Street sues Toby Moskovits, Michael Lichtenstein for $29M May 15, 2023
• Quadrum Global acquires Williamsburg Hotel for $96M out of bankruptcy May 03, 2023
• SL Green sells $100M loan secured by Savanna’s 1 Court Sq. to Davidson Kempner October 16, 2020
• Savanna finishes $9M of tenant fit-outs of One Court Square in LIC August 31, 2020
• ZONING LOT: 357,110 square feet in Greenpoint July 16, 2019