Paul Stallings
Owner
Paul Stallings portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$39.3 million – elevator 54%, walkup 45%; Manhattan 100%, Bronx 0%
1091th largest portfolio by dollar value
120,191 sqft – elevator 57%, walkup 42%;
1679th largest by SF
8 properties – Manhattan 100%, Bronx 0%
149th largest
162 residential units – Manhattan 100%, Bronx 0%
636th 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: 3 for $20.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Customers Bank (1), Bethpage Federal Credit Union (1), Flagstar Bank (1), Arbor Realty Trust (1)
Top Ten Associated People:
Leo DiLoreto (1), Alan L. Kaufman (1), Kenneth Dowling (1)
Recent activity as signatory:
• Paul Stallings borrowed $9.7 million from Arbor Realty Trust for 29 Clinton Street and 287 East 4th Street, Lower East Side, Manhattan on October 10, 2024.
• Paul Stallings borrowed $5.1 million from Flagstar Bank for 635 East 9th Street, Alphabet City, Manhattan on January 16, 2024.
• Paul Stallings borrowed $5.5 million from Bethpage Federal Credit Union for 516 East 11th Street, Alphabet City, Manhattan on January 17, 2023.
• Paul Stallings borrowed $5.1 million from Customers Bank for 319 East 8th Street, Alphabet City, Manhattan on August 15, 2022.
• Paul Stallings filed plans for new building for 38,243 sqft in Lower East Side, Manhattan, on June 28, 2019.
Latest Stories:
• 29 Clinton Street Associates L.P. obtained financing of $10M from Santander Bank July 31, 2019
Litigation: