David Tawfik

(David A. Tawfik)

President|Ceo

Princeton International Properties

Owner

Princeton International Properties portfolio

$94.6 million* – office 95%, condo 4%; Manhattan 100%, Bronx 0%

589th largest portfolio by dollar value

320,626 sqft – office 95%, condo 4%;

865th largest by SF

2 properties – Manhattan 100%, Bronx 0%

2948th largest

Person Activity past 24 months:

Seller signatory: 1 for $33.5 million

Top Ten Associated Companies:

Signature Bank (2), Lalezarian Properties (1)

Top Ten Associated People:

Kenneth A. Stagnari (2), Kevin Lalezarian (1)

Recent activity as company:

• Princeton International Properties sold 650 1st Avenue, Murray Hill, Manhattan for $33.5 million to Lalezarian Properties on March 27, 2023.

• Princeton International Properties borrowed $128 million from Signature Bank for 150 East 52nd Street, Midtown East, Manhattan on September 15, 2022.

• Princeton International Properties borrowed $12.5 million from Signature Bank for 121 West 20th Street, Chelsea, Manhattan on August 18, 2022.

Court Records:

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

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