Steven Schwartz
Owner
Steven Schwartz portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$18 million – industrial 100%; Queens 93%, Bronx 6%
1840th largest portfolio by dollar value
123,115 sqft – industrial 100%;
1653th largest by SF
2 properties – Bronx 50%, Queens 50%
155th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 2 for $152.4 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Stifel Bank & Trust (1), CW Realty Group (1), Lam Group (1)
Top Ten Associated People:
Neal Einhorn (1), Kin Chung Lam (1), Keith Lam (1), Cindy Luk (1), Yuk Jin Lam (1), Suey Jin Lam Tang (1), Shuet Chun Lam (1), Joanne Lee (1), Charles K. Luk (1), Leon Luk (1)
Recent activity as signatory:
• Jay Groupand AB & Sons Groupand Jacob Aini borrowed $117 million from Bank of Montreal for 620 West 153rd Street, Harlem, Manhattan on April 17, 2024.
• Lam Group borrowed $85 million from Deutsche Bank for 222-228 Duffield Street, Downtown Brooklyn, Brooklyn on February 16, 2024.
• Lam Group borrowed $108.4 million from H.I.G. Capital for 222 Duffield Street and 160 West 25th Street, Downtown Brooklyn, Brooklyn on January 29, 2024.
• CW Realty Group borrowed $44 million from H.I.G. Capital for 1499 Bedford Avenue, Crown Heights, Brooklyn on January 09, 2024.
• Steven Schwartz borrowed $21.2 million from Stifel Bank & Trust for 75-28 Queens Boulevard, Maspeth, Queens on January 14, 2022.
Latest Stories:
• Lam Group signs $85M refi for hotel in Downtown Brooklyn, gets $22.5M gap loan February 19, 2024
• CW Realty pays $14M for school property in Crown Heights October 14, 2020
• CW Realty borrows $15M from Harry Einhorn for school property in Crown Heights October 14, 2020