Daniel Kent
(Dan Kent)
Lantern Organization
Developer, Owner
Lantern Organization portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$18.6 million – walkup 61%, elevator 38%; Manhattan 61%, Bronx 35%
1810th largest portfolio by dollar value
170,222 sqft – elevator 72%, walkup 27%;
1342th largest by SF
5 properties – Manhattan 60%, Bronx 20%
152th largest
305 residential units – Manhattan 61%, Bronx 38%
505th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $6.4 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank of America (1), NYC Department of Housing Preservation and Development (1), Supportive Housing Solutions Fund (1), William Stein (1)
Top Ten Associated People:
William Stein (1)
Recent activity as signatory:
• Lantern Organization borrowed $6.4 million from NYC Department of Housing Preservation and Development for 528 West 123rd Street, Morningside Heights, Manhattan on December 29, 2023.
• Mega Contracting Groupand Lantern Organization borrowed $48.6 million from Bank of America for 437 Euclid Avenue, East New York, Brooklyn on July 15, 2022.
• Lantern Community Services borrowed $7 million from Supportive Housing Solutions Fund for EUCLID AVENUE 435, East New York, Brooklyn on March 02, 2021.
• William Stein sold EUCLID AVENUE 435, East New York, Brooklyn for $6.1 million to Lantern Community Services on March 02, 2021.