Daniel Kent

(Dan Kent)

Lantern Organization

Developer, Owner

LinkedIn

Lantern Organization portfolio

$18.6 million* – walkup 61%, elevator 38%; Manhattan 61%, Bronx 35%

1841th largest portfolio by dollar value

170,222 sqft – elevator 72%, walkup 27%;

1365th largest by SF

5 properties – Manhattan 60%, Bronx 20%

1557th largest

305 residential units – Manhattan 61%, Bronx 38%

640th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $6.4 million

Developer (new building or major alteration): 1.0 for 0 square feet

Top Ten Associated People:

William Stein (1)

Recent activity as company:

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 Group and 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.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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