Jeffrey Gershon

Hope Street Capital

Hope Street Capital|Safehold Inc. portfolio

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

$38.5 million – elevator 77.0%, office 11.0%; Brooklyn 88.0%, Bronx 11.0%

1106th largest portfolio by dollar value

300,050 sqft – elevator 80.0%, M1 14.0%;

882th largest by SF

9 properties – Brooklyn 88%, Bronx 11%

148th largest

422 residential units – Brooklyn 100.0%, Manhattan 0.0%

420th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 1 for $55 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Tim Doherty (1), Eldeen C. King (1), Jonathan Pfeil (1), Terri Magnani (1)

Recent activity as signatory:

• Hope Street Capital borrowed $55 million from Walker & Dunlop for 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, and 959 Sterling Place, Crown Heights, Brooklyn on July 02, 2024.

• Hope Street Capital borrowed $126.2 million from MF1 Capital for 545 Vanderbilt Avenue and 550 Clinton Avenue, Clinton Hill, Brooklyn on November 16, 2022.

• Jeffrey Gershon filed plans for major alteration for 100,671 sqft in Boerum Hill, Brooklyn, on June 06, 2022.

• Safehold Inc. sold 959 Sterling Place, Crown Heights, Brooklyn for $28 million to Hope Street Capital on February 24, 2022.

• Hope Street Capital borrowed $55 million from Slate Property Group for 959 Sterling Place, Crown Heights, Brooklyn on February 24, 2022.

• Northeastern Conference of Seventh-day Adventists sold 959 Sterling Place, Crown Heights, Brooklyn for $27.9 million to Safehold Inc. on February 04, 2022.

• Jeffrey Gershon filed plans for new building for 145,419 sqft in DUMBO, Brooklyn, on November 13, 2017.

• Jeffrey Gershon filed plans for new building for 70,342 sqft in Boerum Hill, Brooklyn, on August 24, 2015.

• Jeffrey Gershon filed plans for new building for 124,343 sqft in Long Island City, Queens, on June 01, 2013.