Scott Shnay

Principal

SK Development

(SK Development Group, CBSK Ironstate, CBSK Developers)

270 Lafayette Street, Ste. 500 New York, NY 10012

LinkedIn

SK Development portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$300.5 million – condo 49%, Q1 39%; Manhattan 52%, Queens 41%

196th largest portfolio by dollar value

680,364 sqft – condo 69%, walkup 15%;

466th largest by SF

22 properties – Manhattan 54%, Queens 31%

135th largest

623 residential units – Manhattan 79%, Brooklyn 19%

320th largest by residential units

Notes

SK Development often partners with CB Developers as CBSK Developers, or with CB Developers and Ironstate Development as CBSK Ironstate.

Person Activity past 24 months:

Buyer signatory: 2 for $46.8 million

Seller signatory: 0 for $0

Borrower signatory: 1 for $96 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 11 for 235,471 square feet

Top Ten Associated Companies:

Madison Realty Capital (2), Deutsche Bank (2), Sarston Company (1), Giorgio Angelini (1), Tresser Properties (1), Canyon Partners (1), JPMorgan Chase (1)

Top Ten Associated People:

Giorgio Angelini (1), Eric Schwartz (1), Jonathan M. Kaplan (1), Christopher Harris (1), Jon Tilli (1)

Recent activity as signatory:

• Scott Shnay filed plans for new building for 27,917 sqft in Greenpoint, Brooklyn, on December 17, 2024.

• Scott Shnay filed plans for major alteration for 7,770 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 1,785 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 4,038 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 2,377 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 2,377 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 761 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 3,240 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 4,038 sqft in NoHo, Manhattan, on August 07, 2024.

• Scott Shnay filed plans for major alteration for 7,645 sqft in NoHo, Manhattan, on August 07, 2024.

Litigation:

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