Matthew Klein

Workable City Development

London Terrace Towers Owners, Inc.

Workable City Development|London Terrace Towers Owners, Inc. portfolio

$21.7 million* – elevator 48%, walkup 37%; Brooklyn 100%, Manhattan 0%

1660th largest portfolio by dollar value

162,187 sqft – walkup 38%, elevator 36%;

1416th largest by SF

3 properties – Brooklyn 100%, Manhattan 0%

2290th largest

126 residential units – Brooklyn 100%, Manhattan 0%

1223th largest by residential units

Person Activity past 24 months:

Developer (new building or major alteration): 4.0 for 4,186 square feet

Top Ten Associated Companies:

Fairbridge Asset Management (1), Bank of America (1)

Recent activity as company:

• Workable City Development borrowed $13.5 million from Fairbridge Asset Management for 999 St. Johns Place, Crown Heights, Brooklyn on November 07, 2022.

• London Terrace Towers Owners, Inc. borrowed $82 million from Bank of America for 465 West 23rd Street, 224 10th Avenue, 405 West 23rd Street, and 405 West 23rd Street, Chelsea, Manhattan on November 15, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.