Daniel Rad

(Dan Rad)

Radson Development

Developer, Owner

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Radson Development portfolio

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

$26.2 million – elevator 82%, development 11%; Queens 61%, Brooklyn 25%

1432th largest portfolio by dollar value

262,885 sqft – elevator 92%, specialty 7%;

962th largest by SF

8 properties – Bronx 37%, Brooklyn 25%

149th largest

568 residential units – Brooklyn 55%, Queens 44%

342th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 1 for $147.9 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

NYC Housing Development Corporation (4)

Top Ten Associated People:

Ruth Moreira (1)

Recent activity as signatory:

• Radson Development borrowed $147.9 million from NYC Housing Development Corporation for 748 East 241st Street, Wakefield, Bronx on June 30, 2023.

• Dan Rad filed plans for new building for 97,286 sqft in East Morrisania, Bronx, on June 22, 2022.

• Radson Development borrowed $58.9 million from NYC Housing Development Corporation for 583 Emerald Street, East New York, Brooklyn on January 07, 2022.

• Radson Development borrowed $65.7 million from NYC Housing Development Corporation for 573 Emerald Street, East New York, Brooklyn on January 12, 2021.

• Radson Development borrowed $107.3 million from NYC Housing Development Corporation for 43756 Beach 20th Street, Cornaga Avenue, Far Rockaway, Queens on January 07, 2020.

• Daniel Rad filed plans for new building for 110,716 sqft in East New York, Brooklyn, on February 19, 2019.

• Daniel Rad filed plans for new building for 71,724 sqft in Far Rockaway, Queens, on February 07, 2019.

• Daniel Rad filed plans for new building for 175,701 sqft in East New York, Brooklyn, on January 29, 2019.

• Daniel Rad filed plans for new building for 155,875 sqft in Far Rockaway, Queens, on October 06, 2017.

• Daniel Rad filed plans for new building for 205,831 sqft in East New York, Brooklyn, on September 29, 2017.