Scott Jaffee
Metropolitan Realty Group
Owner
Metropolitan Realty Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$448.7 million – elevator 89%, walkup 10%; Manhattan 71%, Brooklyn 22%
140th largest portfolio by dollar value
2,653,038 sqft – elevator 85%, walkup 14%;
120th largest by SF
54 properties – Manhattan 50%, Brooklyn 44%
103th largest
2,827 residential units – Manhattan 66%, Brooklyn 21%
64th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $64 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $116 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Greystone & Co. (5), Lument (3), Signature Bank (3), Jonathan Rose Companies (1)
Top Ten Associated People:
Tracy Terry (2), Nathan Taft (1)
Recent activity as signatory:
• Metropolitan Realty Group borrowed $37.1 million from Greystone & Co. for 101/109 East 119th Street, 127/135 East 117th Street, 132/134 East 119th Street, 115/117 East 119th Street, and 126/128 East 118th Street, East Harlem, Manhattan on September 23, 2024.
• Metropolitan Realty Group borrowed $14.1 million from Greystone & Co. for 366 Pennsylvania Avenue, 378 Pennsylvania Avenue, 350 Pennsylvania Avenue, and 354 Pennsylvania Avenue, East New York, Brooklyn on September 13, 2024.
• Metropolitan Realty Group borrowed $64.7 million from Greystone & Co. for 131 West 135th Street, 123 West 135th Street, 107 West 135th Street, 127 West 135th Street, 145 West 135th Street, and others, Harlem, Manhattan on September 12, 2024.
• Jonathan Rose Companies sold 131 West 135th Street, 123 West 135th Street, 107 West 135th Street, 127 West 135th Street, 145 West 135th Street, and others, Harlem, Manhattan for $64 million to Metropolitan Realty Group on September 12, 2024.
• Metropolitan Realty Group borrowed $45 million from Greystone & Co. for 1029 Freeman Street, 1011 Freeman Street, and 1314 West Farms Road, East Morrisania, Bronx on October 06, 2021.
• Metropolitan Realty Group borrowed $12.3 million from Greystone & Co. for 1330 Fulton Street, Bedford-Stuyvesant, Brooklyn on October 04, 2021.
• Metropolitan Realty Group borrowed $37 million from Signature Bank for 101 East 119th Street, 115 East 119th Street, 127 East 117th Street, 126 East 118th Street, and 132 East 119th Street, East Harlem, Manhattan on July 01, 2021.
• Metropolitan Realty Group borrowed $74.5 million from Lument for 215 Roebling Street, 226 South 1st Street, 198 South 1st Street, 230 South 1st Street, 202 South 1st Street, and others, Williamsburg, Brooklyn on March 30, 2021.
• Metropolitan Realty Group borrowed $20 million from Lument for 20 Lenox Avenue, Central Harlem, Manhattan on December 16, 2020.
• Metropolitan Realty Group borrowed $36.7 million from Lument for 1678 Union Street, 1690 Union Street, 1751 Union Street, 1719 Union Street, 1715 Union Street, and others, Crown Heights, Brooklyn on February 28, 2020.