Dov Schlein

Founding Managing Partner

NuVerse Advisors

Lender

152 W. 57th Street 21st Floor New York, NY 10019

LinkedIn

NuVerse Advisors portfolio

$60.3 million* – office 56%, condo 27%; Manhattan 56%, Queens 43%

838th largest portfolio by dollar value

506,435 sqft – elevator 36%, office 28%;

605th largest by SF

42 properties – Queens 97%, Manhattan 2%

240th largest

1,538 residential units – Queens 100%, Manhattan 0%

154th largest by residential units

Person Activity past 24 months:

Borrower signatory: 3 for $172.6 million

Lender signatory: 1 for $50 million

Top Ten Associated Companies:

Metropolitan Commercial Bank (3), Bank Hapoalim (2), IDB (1), Sunlight Development (1)

Top Ten Associated People:

Hanjun Bai (1), Linzhong Zhuo (1), Linlin Zhuo (1), Hen Huang (1), Judy Barnes (1), David Kesselman (1)

Recent activity as company:

NuVerse Advisors and Sunshine Developers borrowed $99 million from Bank Hapoalim for 89 Madison Avenue, NoMad, Manhattan on January 29, 2025.

Sunlight Development borrowed $50 million from NuVerse Advisors for 89 Madison Avenue, NoMad, Manhattan on June 14, 2024.

NuVerse Advisors borrowed $8.2 million from Metropolitan Commercial Bank for 21-05 31st Avenue, Astoria, Queens on August 11, 2023.

NuVerse Advisors borrowed $65.3 million from Bank Hapoalim for 30-55 Vernon Boulevard, Astoria, Queens on June 28, 2023.

NuVerse Advisors borrowed $19.5 million from Metropolitan Commercial Bank for 972964TH Road, Rego Park, Queens on July 29, 2021.

NuVerse Advisors borrowed $7 million from Metropolitan Commercial Bank for 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, 972964TH Road, and others, Rego Park, Queens on July 29, 2021.

NuVerse Advisors borrowed $57 million from IDB for 136-18 Maple Avenue, Flushing, Queens on January 11, 2021.

Latest Stories:

• NuVerse, Sunshine sign $99M construction loan for condo conversion in NoMad, $235M sellout (January 31, 2025)

• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)

• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion (June 03, 2024)

• Goodman Capital gives $23M loan for NoMad office building exiting bankruptcy (February 23, 2024)

• NuVerse, Sunlight submit $161M condo plan for 122 units in Astoria (November 21, 2023)

• NuVerse Advisors signs $65.3M construction loan with Bank Hapoalim for 118-unit project in Astoria (June 30, 2023)

• Sunlight Development Group pays $7.4M to Michael Lagoudis for 34-unit project in Astoria (January 13, 2023)

• Sunlight Development pays $25M to Eastone Equities for 118-unit dev site in Astoria (September 01, 2022)

• NuVerse Advisors gets $57M construction loan from Bank Hapoalim, IDB for Flushing project (January 12, 2021)

• Sunlight Development permitted for 74K sf commercial condo in Flushing (December 16, 2020)

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

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