Suey Jin Lam Tang
(Jeannie Tang)
Lam Group
Owner
202 Centre Street, 6th Floor New York, NY 10013
Lam Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$400.3 million – hotel 76.0%, elevator 21.0%; Manhattan 85.0%, Brooklyn 14.0%
155th largest portfolio by dollar value
1,432,846 sqft – hotel 69.0%, elevator 27.0%;
226th largest by SF
13 properties – Manhattan 84%, Brooklyn 15%
144th largest
192 residential units – Manhattan 100.0%, Bronx 0.0%
607th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $149.4 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
H.I.G. Capital (1), Bank Hapoalim (1)
Top Ten Associated People:
Steven Schwartz (1), Mimi Vu (1), Benjamin Azizi (1)
Recent activity as signatory:
• Lam Group borrowed $41 million from Bank Hapoalim for 216 Duffield Street, Downtown Brooklyn, Brooklyn on April 22, 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.