Lisa Bai
New York Life Insurance Company
(New York Life Real Estate Investors)
Lender
New York Life Insurance Company portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$306 million – office 100%; Manhattan 100%, Bronx 0%
189th largest portfolio by dollar value
1,159,795 sqft – office 100%;
289th largest by SF
2 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 2 for $244.4 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Vanbarton Group (1), Arnold & Porter Kaye Scholer registered (1)
Top Ten Associated People:
Justin B. Kleinman (1), Stanley J. Wolowski (1)
Recent activity as signatory:
• Arnold & Porter Kaye Scholer registered borrowed $30 million from New York Life Insurance Company for 325 West 33rd Street, Penn Plaza, Manhattan on July 12, 2024.
• Vanbarton Group borrowed $214.4 million from New York Life Insurance Companyand Northwestern Mutual Life Insurance for 425 Lexington Avenue, Grand Central, Manhattan on September 12, 2023.