Peter Allen
Global Holdings Management Group
Lender
Eastgate Realty
Global Holdings Management Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$555.2 million – office 62.0%, elevator 29.0%; Manhattan 100.0%, Bronx 0.0%
99th largest portfolio by dollar value
1,467,086 sqft – office 61.0%, elevator 30.0%;
217th largest by SF
7 properties – Manhattan 100%, Bronx 0%
150th largest
583 residential units – Manhattan 100.0%, Bronx 0.0%
336th largest by residential units
1 foreclosure, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 2 for $186.5 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $393.4 million
Lender signatory: 1 for $123.9 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wells Fargo (2), M&T Bank (1), Springhouse Partners (1), Citibank (1), Moin Development (1), HSBC Bank (1), Helaba (1), Global Holdings Management Group (1)
Top Ten Associated People:
Adam Verner (1), Scott DeTraglia (1), David Moinian (1), Julie McDonagh (1), Alexander Joerg (1), Lisa Komm (1), Peter Allen (1)
Recent activity as signatory:
• Global Holdings Management Group borrowed $123.9 million from Global Holdings Management Group for 410 Park Avenue, Midtown East, Manhattan on December 09, 2024.
• Global Holdings Management Group borrowed $246.5 million from Helaba for 99 Park Avenue, Grand Central, Manhattan on October 15, 2024.
• Moin Development sold 444 Park Avenue South, Park Avenue South, Manhattan for $155.8 million to Global Holdings Management Group on July 07, 2023.
• Global Holdings Management Group borrowed $23 million from Citibank for 51 Irving Place, Gramercy, Manhattan on June 21, 2023.
• Springhouse Partners sold 51 Irving Place, Gramercy, Manhattan for $30.7 million to Global Holdings Management Group on June 21, 2023.
• Global Holdings Management Group borrowed $90 million from Wells Fargo for 1841-1845 Broadway, Lincoln Square, Manhattan on June 09, 2022.
• Global Holdings Management Group borrowed $75 million from Wells Fargo for 1841 Broadway, Upper West Side, Manhattan on October 04, 2021.
• Global Holdings Management Group borrowed $443 million from HSBC Bank for 1240 Broadway, Garment District, Manhattan on September 18, 2020.
• DDG Partners borrowed $67.7 million from M&T Bank for 1550 3rd Avenue, 3 Avenue, 180 East 88th Street, 180 East 88th Street, 180 East 88th Street, and others, Carnegie Hill, Manhattan on September 01, 2020.
• Peter Allenand John Gilbert Iiiand Samuel Kelinerand Wendy Moslerand Eric Rudinand William Rudin for William/Michael Rudin/Rudin filed plans for major alteration for 587,747 sqft in Greenwich Village, Manhattan, on January 29, 2019.
Latest Stories:
• Korean trust alleges $25M mezz loan tied to NoMad hotel was not repaid January 23, 2024
• Global Holdings acquires Mondrian from Moin Development through $155.8M deed-in-lieu July 07, 2023
• Global Holdings pays $30.7M to Springhouse Partners for 56-unit rental in Gramercy June 22, 2023
• Global Holdings signs $90M construction loan for 123-unit tower in Lincoln Square June 10, 2022
• Feoh Capital assigned $110M note secured by Moin Development’s Nomad hotel June 22, 2021
• Global Holdings to demolish Lincoln Square building ahead of 173K sf project October 28, 2020
• Global Holdings finishes $6.2M multi-floor rehab at 1250 Broadway September 23, 2020