David Marx

Marx Development Group

Developer, Owner

Atria Builders

To see contact information you need a Professional level subscription

Subscribe ($125/month)

Marx Development Group portfolio

$299.7 million* – elevator 35%, specialty 28%; Manhattan 49%, Queens 45%

209th largest portfolio by dollar value

1,380,527 sqft – elevator 41%, specialty 31%;

242th largest by SF

157 properties – Queens 98%, Manhattan 1%

47th largest

479 residential units – Queens 100%, Manhattan 0%

441th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 5 for $199 million

Developer (new building or major alteration): 7.0 for 0 square feet

Top Ten Associated Companies:

Tel Aviv Stock Exchange bondholders (2), Madison Realty Capital (2), Capital Funding Group (2), Rialto Capital (1), Benjamin Landa (1), Wells Fargo (1), Seavest Investment Group (1), Mack Real Estate Group (1)

Top Ten Associated People:

Jennifer Loucks (2), Sorana Georgescu (1), Benjamin Landa (1), Hillel Lazarus (1), Marissa Sprick (1), Urian Yap (1), Jonathan L. Winer (1)

Recent activity as company:

• Marx Development Group borrowed $18.8 million from Wells Fargo for 132-54 Pople Avenue, 42-34 Saull Street, 158-13 72nd Avenue, 158-13 72nd Avenue, 158-13 72nd Avenue, and others, Flushing, Queens on July 30, 2024.

• Marx Development Group borrowed $28.6 million from Tel Aviv Stock Exchange bondholders for N/A 61st Avenue, Little Neck, Queens on April 16, 2024.

• Marx Development Group borrowed $44.2 million from Madison Realty Capital for 450 11th Avenue, Hudson Yards, Manhattan on March 06, 2024.

• Marx Development Group borrowed $88.8 million from Madison Realty Capital for 450 11th Avenue, Hudson Yards, Manhattan on February 27, 2024.

• Marx Development Group borrowed $18.6 million from Tel Aviv Stock Exchange bondholders for N/A 61st Avenue, Little Neck, Queens on November 21, 2023.

• Marx Development Group sold 660 Louisiana Avenue, East New York, Brooklyn for $40.4 million to Benjamin Landa on July 25, 2022.

• Marx Development Group borrowed $195 million from Rialto Capital for 461-469 West 34th Street, Hudson Yards, Manhattan on May 12, 2022.

• David Marx filed plans for new building for 103,782 sqft in Little Neck, Queens, on January 24, 2022.

• Marx Development Group sold 902 Quentin Road and 902 Quentin Road, Homecrest, Brooklyn for $53.8 million to Seavest Investment Group on June 08, 2021.

• Marx Development Group borrowed $51.5 million from Capital Funding Group for 71-61 159th Street, Flushing, Queens on March 18, 2021.