Bentley Zhao

New Empire Corp.

New Empire Corp. portfolio

$37.1 million* – specialty 40.0%, retail 22.0%; Manhattan 60.0%, Brooklyn 18.0%

1158th largest portfolio by dollar value

208,376 sqft – elevator 35.0%, D6 23.0%;

1170th largest by SF

20 properties – Brooklyn 50%, Queens 25%

469th largest

454 residential units – Queens 57.0%, Manhattan 31.0%

472th largest by residential units

Person Activity past 24 months:

Borrower signatory: 2 for $47.8 million

Developer (new building or major alteration): 26.0 for 154,883 square feet

Top Ten Associated Companies:

Popular Bank (3), Carol Wolfe (1), Stearns Bank (1), MidFirst Bank (1), Speiser Dabran Management (1), Ciampa Organization (1), Pacific National Bank (1)

Top Ten Associated People:

Carol Wolfe (1), Katie Peterson (1), James Lim (1), Dean Saltzman (1), James Speiser (1), Michael Speiser (1), Michael D. Morici Jr. (1)

Recent activity as company:

• New Empire Corp. borrowed $42 million from Popular Bank for 429 2nd Avenue, 433 2nd Avenue, and 437 2nd Avenue, Kips Bay, Manhattan on October 11, 2023.

• Bentley Zhao filed plans for new building for 144,644 sqft in Flatbush, Brooklyn, on July 18, 2023.

• New Empire Corp. borrowed $5.8 million from MidFirst Bank for 265 4th Avenue, Park Slope, Brooklyn on March 21, 2023.

• Bentley Zhao filed plans for new building for 10,239 sqft in Gravesend, Brooklyn, on March 09, 2023.

• Bentley Zhao filed plans for new building for 138,398 sqft in Woodside, Queens, on September 22, 2022.

• New Empire Corp. borrowed $8.1 million from Stearns Bank for 58-01 Queens Boulevard and 44-01 58th Street, Woodside, Queens on July 25, 2022.

• Carol Wolfe sold 58-01 Queens Boulevard and 44-01 58th Street, Woodside, Queens for $16.2 million to New Empire Corp. on July 25, 2022.

• Bentley Zhao filed plans for new building for 118,712 sqft in Long Island City, Queens, on June 23, 2022.

• Bentley Zhao filed plans for new building for 59,708 sqft in Kips Bay, Manhattan, on May 06, 2022.

• Ciampa Organization sold 24-01 Queens Plaza North and 41-43 24th Street, Long Island City, Queens for $25.7 million to New Empire Corp. on February 11, 2022.