Frank Monterisi
Executive Vice President
Related Companies
Developer, Owner
30 Hudson Yards 72nd Floor New York, NY 10001
Related Companies portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$9.9 billion – condo 37.0%, office 29.0%; Manhattan 84.0%, Bronx 5.0%
5th largest portfolio by dollar value
29,463,754 sqft – elevator 32%, condo 26%;
5th largest by SF
324 properties – Manhattan 55%, Queens 18%
16th largest
13,250 residential units – Manhattan 62%, Queens 19%
7th largest by residential units
0 foreclosures, 0 bankruptcies, 6 other court cases.
Person Activity past 24 months:
Buyer signatory: 4 for $60.4 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $493.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 183,683 square feet
Top Ten Associated Companies:
Gloria Brehl (1), Roosevelt Island Operating Corporation (1), Wells Fargo (1), Eric Benaim (1), Sumitomo Mitsui Banking Corporation (1), NYC Housing Development Corporation (1), Benaim x Partners (1), City of New York (1), Related Companies (1), Sterling Equities (1)
Top Ten Associated People:
Eric Benaim (2), Gloria Brehl (1), Shelton J. Haynes (1), Alex Cabria (1), Spencer Hobson (1)
Recent activity as signatory:
• City of New Yorkand Related Companiesand Sterling Equities sold 126-02 35th Avenue and 37-11 126th Street, Willets Point, Queens for $45.7 million to New York City Football Club on November 22, 2024.
• Gloria Brehl sold 126-12 Northern Boulevard, Willets Point, Queens for $2.4 million to Related Companiesand Sterling Equities on February 15, 2024.
• Frank Monterisi filed plans for new building for 183,683 sqft in Queens, on February 05, 2024.
• Benaim x Partners sold 126-16 Northern Bl Sr South and 126-17 34th Avenue, Willets Point, Queens for $12.3 million to Related Companiesand Sterling Equities on January 17, 2024.
• Related Companies borrowed $430.8 million from NYC Housing Development Corporation for 126-20 Willets Point Blvd, N/A Willets Point Blvd, and N/A Willets Point Blvd, Willets Point, Queens on December 06, 2023.
• Related Companies borrowed $63 million from Sumitomo Mitsui Banking Corporation for 480 Main Street, Roosevelt Island, Manhattan on June 22, 2023.
• Eric Benaim sold 126-16 Northern Bl Sr South and 126-17 34th Avenue, Willets Point, Queens for $0 to Related Companiesand Sterling Equities on March 21, 2023.
• Related Companies borrowed $111 million from Roosevelt Island Operating Corporationand Wells Fargo for 430 Main Street, Roosevelt Island, Manhattan on December 07, 2022.
• Frank Monterisi filed plans for new building for 526,952 sqft in Queens, on November 03, 2022.
• Frank Monterisi filed plans for new building for 333,328 sqft in Queens, on November 03, 2022.