Bentley Zhao

New Empire Corp.

New Empire Corp. portfolio

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

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

1141th largest portfolio by dollar value

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

1143th largest by SF

20 properties – Brooklyn 50%, Queens 25%

137th largest

454 residential units – Queens 57.0%, Manhattan 31.0%

401th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $47.8 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 2 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 signatory:

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 demolition in Flatbush, Brooklyn, on January 10, 2023.

Bentley Zhao filed plans for demolition in Flatbush, Brooklyn, on January 10, 2023.

Bentley Zhao filed plans for demolition in Flatbush, Brooklyn, on January 10, 2023.

Bentley Zhao filed plans for demolition in Flatbush, Brooklyn, on January 10, 2023.

Bentley Zhao filed plans for demolition in Flatbush, Brooklyn, on January 10, 2023.

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