John Young

(John P. Young)

Emmut Properties

Emmut Properties portfolio

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

$62.7 million – elevator 49.0%, hotel 41.0%; Manhattan 100.0%, Bronx 0.0%

795th largest portfolio by dollar value

258,628 sqft – hotel 51.0%, elevator 41.0%;

973th largest by SF

8 properties – Manhattan 100%, Bronx 0%

149th largest

168 residential units – Manhattan 100.0%, Bronx 0.0%

630th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $3.9 million

Borrower signatory: 1 for $68.5 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

JPMorgan Chase (2), Deutsche Bank (1), Harry Krakowski (1), Goldberg Group (1), Benefit Street Partners (1), New York Community Bank (1), James C. Halpin (1), Jourdan Krauss (1), Keysite Capital Partners (1), Shanghai Commercial Bank (1)

Top Ten Associated People:

Timothy Donahoe (1), John Skorupski (1), Harry Krakowski (1), Joshua Goldberg (1), James C. Halpin (1), Jourdan E. Krauss (1)

Recent activity as signatory:

• Emmut Properties sold 97 Reade Street, 97 Reade Street, 97 Reade Street, and 97 Reade Street, Tribeca, Manhattan for $3.9 million to Jourdan Krauss on September 26, 2024.

• Emmut Properties borrowed $68.5 million from Deutsche Bank for 45 West 81st Street, Upper West Side, Manhattan on July 28, 2023.

• Emmut Properties sold 608 West 48th Street, Hell’s Kitchen, Manhattan for $4.6 million to James C. Halpin on October 04, 2022.

• Emmut Properties borrowed $74 million from Benefit Street Partners for 45 West 81st Street, Upper West Side, Manhattan on January 19, 2022.

• Goldberg Group sold 97 Reade Street, 97 Reade Street, 97 Reade Street, and 97 Reade Street, Tribeca, Manhattan for $3 million to Emmut Properties on January 11, 2022.

• Harry Krakowski sold 45 West 81st Street, Upper West Side, Manhattan for $79.8 million to Emmut Properties on January 06, 2022.

• John Young filed plans for major alteration for 41,877 sqft in Hell’s Kitchen, Manhattan, on November 18, 2021.

• Emmut Properties borrowed $32.5 million from Shanghai Commercial Bank for 433 West 53rd Street, Clinton, Manhattan on July 26, 2021.

• Emmut Properties borrowed $15 million from New York Community Bank for 525 West 48th Street, 523 West 48th Street, 521 West 48th Street, Clinton, Manhattan on July 22, 2020.

• Emmut Properties borrowed $11 million from JPMorgan Chase for 409 West 51st Street, Clinton, Manhattan on February 18, 2020.