Steven Charno

(Steve Charno)

Douglaston Development

Developer, Owner

Douglaston Development portfolio

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

$654.4 million – elevator 91.0%, development 5.0%; Brooklyn 50.0%, Manhattan 44.0%

83th largest portfolio by dollar value

2,969,766 sqft – elevator 90%, walkup 3%;

106th largest by SF

18 properties – Bronx 38%, Brooklyn 38%

139th largest

3,210 residential units – Brooklyn 47%, Manhattan 32%

51th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $124.5 million

Seller signatory: 0 for $0

Borrower signatory: 1 for $270.5 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 2 for 393,061 square feet

Top Ten Associated Companies:

Valeray Real Estate (2), MSD Partners (1)

Top Ten Associated People:

Marjorie E. Nesbitt (2)

Recent activity as signatory:

• Douglaston Development borrowed $270.5 million from MSD Partners for 170 East 83rd Street and 175 East 82nd Street, Carnegie Hill, Manhattan on June 07, 2024.

• Valeray Real Estate sold 170 East 83rd Street, Carnegie Hill, Manhattan for $10 million to Douglaston Development on June 07, 2024.

• Valeray Real Estate sold 175 East 82nd Street, Carnegie Hill, Manhattan for $114.5 million to Douglaston Development on June 07, 2024.

• Steven Charno filed plans for new building for 245,337 sqft in Manhattan, on February 26, 2024.

• Steven Charno filed plans for major alteration for 147,724 sqft in Carnegie Hill, Manhattan, on October 19, 2023.

• Steven Charno filed plans for new building for 740,252 sqft in Chelsea, Manhattan, on September 11, 2018.