Kenneth Bernardo
Bay Crane Companies
Owner
Bay Crane Companies portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$2.4 million – industrial 100%; Queens 100%, Manhattan 0%
5082th largest portfolio by dollar value
5,670 sqft – industrial 100%;
6079th largest by SF
9 properties – Queens 100%, Manhattan 0%
148th largest
Person Activity past 24 months:
Buyer signatory: 2 for $23 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $23 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
A.J. McNulty & Co. (2), Valley National Bank (1), Robert Weiss (1)
Top Ten Associated People:
Robert Weiss (3)
Recent activity as signatory:
• Bay Crane Companies borrowed $6.9 million from Robert Weiss for 54-04 44th Street, N/A 44th Street, and N/A 44th Street, Maspeth, Queens on July 27, 2023.
• Bay Crane Companies borrowed $16.1 million from Valley National Bank for 54-04 44th Street, N/A 54th Avenue, N/A 44th Street, 54-03 43rd Street, 54-13 43rd Street, and others, Maspeth, Queens on July 27, 2023.
• A.J. McNulty & Co. sold 54-04 44th Street, N/A 44th Street, and N/A 44th Street, Maspeth, Queens for $16.1 million to Bay Crane Companies on July 27, 2023.
• A.J. McNulty & Co. sold N/A 54th Avenue, 54-03 43rd Street, 54-13 43rd Street, 54-11 43rd Street, 54-09 43rd Street, and others, Maspeth, Queens for $6.9 million to Bay Crane Companies on July 27, 2023.