Jason Leibowitz

Maverick Real Estate Partners

Maverick Real Estate Partners portfolio

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

$30.9 million – hotel 49%, retail 27%; Manhattan 76%, Queens 16%

1278th largest portfolio by dollar value

214,538 sqft – hotel 72%, elevator 11%;

1113th largest by SF

6 properties – Manhattan 33%, Brooklyn 33%

151th largest

43 residential units – Queens 58%, Brooklyn 41%

755th largest by residential units

37 foreclosures, 2 bankruptcies, 27 other court cases.

Top Ten Associated Companies:

Elizabeth Chery (1), SoftStone Development (1)

Top Ten Associated People:

Elizabeth Chery (1), Nechemia Weinberger (1)

Recent activity as signatory:

SoftStone Development borrowed $9 million from Maverick Real Estate Partners for 75 Essex Street, Lower East Side, Manhattan on July 29, 2022.

Elizabeth Chery sold 500 West 184th Street, Washington Heights, Manhattan for $2.5 million to Maverick Real Estate Partners on May 25, 2022.

Niantic Partners borrowed $15.6 million from S. Klein Family Partnership for 157 Suffolk Street, Lower East Side, Manhattan on March 31, 2022.

Enrico Manetta borrowed $16.1 million from H&O Capital Funding for 14-02 150th Street, 58-89 57th Street, 44-25 54th Drive, 20-61 49th Street, 44-17 54th Drive, and others, Whitestone, Queens on March 25, 2022.

Avi Dishi borrowed $6.3 million from Flushing Bank for 264 West 115th Street, 276 West 115th Street, 278 West 115th Street, 2124 Fredrick Douglass Bl, 2120 Fredrick Douglass Bl, and others, Harlem, Manhattan on October 25, 2021.

Ashkenazy Acquisition borrowed $0 from NY Opportunity Capital Co. for 4168 Broadway, Washington Heights, Manhattan on September 03, 2021.

Zahabian Realty borrowed $5.8 million from SnowPoint Capital Management for 27 Prince Street, Nolita, Manhattan on August 12, 2021.

Frances Gorga borrowed $0 from Hirshmark Capital for 641 President Street, Park Slope, Brooklyn on May 20, 2021.

Latest Stories:

• JY Capital files $16.1M pre-foreclosure against Queens, Brooklyn portfolio August 21, 2023

• Frank Morano pays $8.9M for residential walkup in Nolita April 06, 2023

• Ashkenazy signs $19M refi in Washington Heights, once threatened by default February 28, 2023

• Maverick Real Estate Partners pays $2.5M for mixed-use in Washington Heights May 26, 2022

• Niantic Partners signs $15.6M refi with S. Klein Family in LES, Maverick had file to foreclose April 01, 2022

• Avi Dishi pays $9.8M for six rentals in Harlem October 26, 2021

• Maverick sells $22M note secured by Ashkenazy retail September 07, 2021

• Maverick buys $5.8M note secured by 14-unit Nolita rental from BankUnited May 04, 2021

• Maverick buys $22M note from BankUnited secured by Ashkenazy property April 09, 2021