Harel Edery

Founder

EDRE Development

Developer, Owner

110 East 40th Street Street, New York, NY 10016

LinkedIn

EDRE Development portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$6.4 million – B1 49%, B9 40%; Brooklyn 100%, Manhattan 0%

3338th largest portfolio by dollar value

12,335 sqft – E1 35%, B1 23%;

4920th largest by SF

7 properties – Brooklyn 100%, Manhattan 0%

150th largest

4 residential units – Brooklyn 100%, Manhattan 0%

794th largest by residential units

Person Activity past 24 months:

Buyer signatory: 3 for $12.7 million

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 0 for $0

Developer (new building or major alteration): 2 for 28,252 square feet

Top Ten Associated Companies:

Cerbert S.J. Noonan (1), Verlene Spivey (1), Gerardino Morales (1), Rosalie Morales (1), Danielle Parker (1), Spruce Capital (1), Robert Loeffler (1), Emerald Creek Capital (1)

Top Ten Associated People:

Cerbert S.J. Noonan (1), Verlene Spivey (1), Rosalie Morales (1), Danielle Parker (1), Darren S. Berger (1)

Recent activity as signatory:

Verlene Spivey sold 55 Douglass Street, Carroll Gardens, Brooklyn for $2.4 million to EDRE Development on July 25, 2024.

• Gerardino Moralesand Rosalie Moralesand Danielle Parker sold 371 Sackett Street, Carroll Gardens, Brooklyn for $2.6 million to EDRE Development on March 12, 2024.

Harel Edery filed plans for major alteration for 3,315 sqft in Carroll Gardens, Brooklyn, on January 08, 2024.

Harel Edery filed plans for new building for 24,937 sqft in Williamsburg, Brooklyn, on November 29, 2023.

Cerbert S.J. Noonan sold 50 South 2nd Street, 41R South 3rd Street, and N/A South 2nd Street, Williamsburg, Brooklyn for $7.6 million to EDRE Development on June 27, 2023.

Harel Edery filed plans for new building for 9,046 sqft in South Slope, Brooklyn, on June 27, 2022.

EDRE Development borrowed $8 million from Spruce Capital for 102 North 1st Street, 106 North 1st Street, 111 Grand Street, 109 Grand Street, 105 Grand Street, and others, Williamsburg, Brooklyn on June 29, 2021.

• Robert Loeffler sold 102 North 1st Street, 106 North 1st Street, 111 Grand Street, 109 Grand Street, 105 Grand Street, and others, Williamsburg, Brooklyn for $13 million to EDRE Development on June 29, 2021.

E.G Development borrowed $9 million from Emerald Creek Capital for 288 Water Street, 290 Water Street, Fulton Ferry, Brooklyn on October 15, 2020.

Harel Edery filed plans for new building for 14,304 sqft in Vinegar Hill, Brooklyn, on January 31, 2020.