Vivek Baid
Metropolitan Commercial Bank
Lender
Metropolitan Commercial Bank portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$4.9 million – mixed-use 100%; Brooklyn 100%, Manhattan 0%
3797th largest portfolio by dollar value
15,800 sqft – mixed-use 100%;
4534th largest by SF
0 foreclosures, 1 bankruptcy, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 1 for $17 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Growing Up Green Charter School (1), Michael J. Marino, Jr. (1), L3 Capital (1), GFI Capital Resources Group (1), Sky Management (1), Simone Development Companies (1), Joel Landau (1), Horizon Group (1), Barone Management (1), Jinsup An (1)
Top Ten Associated People:
John Silviano (2), Matthew Greenberg (1), Michael J. Marino, Jr. (1), Domenic Lanni (1), Allen Gross (1), Gary J. Strauss (1), Joseph Simone (1), Joel Landau (1), David Marom (1), Jinsup An (1)
Recent activity as signatory:
• Jin Sup An borrowed $8.7 million from NewBank for 449 West 36th Street, Hudson Yards, Manhattan on January 23, 2024.
• Horizon Group borrowed $17 million from Metropolitan Commercial Bank for 80 Riverside Drive, Upper West Side, Manhattan on October 03, 2023.
• Growing Up Green Charter School borrowed $38 million from Metropolitan Commercial Bank for 89-25 161st Street, 89-17 161st Street, and 89-17 161st Street, Jamaica, Queens on August 31, 2022.
• Atkins & Breskin borrowed $10 million from New York Community Bank for 240 Butler Street and 242 Butler Street, Gowanus, Brooklyn on July 19, 2022.
• Simone Development Companies borrowed $23.5 million from Metropolitan Commercial Bank for 459 East 149th Street, 459 East 149th Street, 459 East 149th Street, and 459 East 149th Street, Mott Haven, Bronx on June 28, 2022.
• Sky Management borrowed $8 million from Metropolitan Commercial Bank for 240 Sullivan Street, Greenwich Village, Manhattan on June 21, 2022.
• GFI Capital Resources Group borrowed $17.1 million from Metropolitan Commercial Bank for 144 North 8th Street and 144 North 8th Street, Williamsburg, Brooklyn on June 07, 2022.
• David Gomez borrowed $5.7 million from Webster Bank for 70 Middagh Street, Brooklyn Heights, Brooklyn on April 18, 2022.
• Joel Landau borrowed $26.5 million from Metropolitan Commercial Bank for 600 Dekalb Avenue, Bedford-Stuyvesant, Brooklyn on April 14, 2022.
• L3 Capital borrowed $8.5 million from Metropolitan Commercial Bank for 127 Kent Avenue, Williamsburg, Brooklyn on March 24, 2022.