Gary Spindler

Owner

Gary Spindler portfolio

$87.6 million* – industrial 55.0%, elevator 23.0%; Manhattan 94.0%, Brooklyn 5.0%

628th largest portfolio by dollar value

448,321 sqft – industrial 54.0%, condo 18.0%;

668th largest by SF

15 properties – Manhattan 60%, Brooklyn 33%

584th largest

110 residential units – Manhattan 79.0%, Brooklyn 20.0%

1356th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $12.2 million

Borrower signatory: 5 for $84.8 million

Developer (new building or major alteration): 37.0 for 38,407 square feet

Top Ten Associated Companies:

Flagstar Bank (3), First Republic Bank (2), TriState Capital Bank (1), Silvershore Properties (1), Integrity Life Insurance Company (1), Peter Mehrberg (1), Jonathan Yunatanov (1), Churchill Real Estate Holdings (1), Sentinel Real Estate (1), Hugh Heller (1)

Top Ten Associated People:

John Feijoo (3), Paul Verdi (1), Jonathan Cohen (1), Kevin L. Howard (1), Paul C. Silva (1), Irina Galleva (1), Peter Mehrberg (1), Jonathan Yunatanov (1), Brian Ritter (1), Hugh Heller (1)

Recent activity as company:

Park-It Management borrowed $8 million from Apple Bank for Savings for 119 East 28th Street, NoMad, Manhattan on June 18, 2024.

Hugh Heller sold 148 West 20th Street, Chelsea, Manhattan for $4.8 million to Park-It Management and Gary Spindler on November 09, 2023.

Park-It Management borrowed $5.9 million from Flagstar Bank for 221-229 Thompson Street, Greenwich Village, Manhattan on October 05, 2023.

Park-It Management borrowed $5.4 million from Flagstar Bank for 403-407 Lafayette Street, NoHo, Manhattan on October 05, 2023.

Park-It Management borrowed $19 million from TriState Capital Bank for 4320 Broadway, Washington Heights, Manhattan on May 18, 2023.

Churchill Real Estate Holdings and Sentinel Real Estate sold 8 Centre Market Place, Little Italy, Manhattan for $7.4 million to Park-It Management on April 28, 2023.

Park-It Management borrowed $46.5 million from First Republic Bank for 160 West 124th Street, Harlem, Manhattan on April 10, 2023.

Gary Spindler borrowed $5.2 million from Flagstar Bank for 528 West 162nd Street and 554 West 174th Street, Washington Heights, Manhattan on January 05, 2023.

Jonathan Yunatanov sold 259 East 134th Street, Mott Haven, Bronx for $1.6 million to Gary Spindler on November 15, 2022.

Peter Mehrberg sold 357 East 57th Street, Sutton Place, Manhattan for $2.4 million to Gary Spindler on October 13, 2022.

Latest Stories:

• Gary Spindler of Park-It pays $4.8M for parking in Chelsea (November 10, 2023)

• Park-It Management signs $19M refi for garage in Washington Heights (May 19, 2023)

• Gary Spindler pays $7.4M for Little Italy walkup, owns adjacent parking lot (May 01, 2023)

• Park-It Management signs $46.5M refi with First Republic in Harlem (April 12, 2023)

• Gary Spindler of Park-It Management pays $1.6M for industrial in Mott Haven (November 16, 2022)

• Park-It Management’s Gary Spindler ups debt by $27.5M to $32.5M for industrial in Hell’s Kitchen (August 23, 2022)

• Gary Spindler signs $28M refi with Integrity Life for new building in Bushwick (July 29, 2022)

• Charter school signs $43.9M construction loan with Build NYC for new location in Washington Heights (July 25, 2022)

• Park-It Management pays $9.3M to Jeffrey Farber for UWS garage (September 23, 2021)

• Park-It Management signs $41.1M construction loan for medical conversion in Central Harlem (May 27, 2021)

Properties:

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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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