William Fung
Black Bear Asset Management
Owner
Black Bear Asset Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$49.1 million – condo 82%, walkup 17%; Manhattan 100%, Bronx 0%
945th largest portfolio by dollar value
161,380 sqft – condo 80%, walkup 19%;
1394th largest by SF
4 properties – Manhattan 100%, Bronx 0%
153th largest
56 residential units – Manhattan 100%, Bronx 0%
742th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $58 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Principal Life Insurance Company (1), Morgan Stanley (1)
Top Ten Associated People:
Cristopher G. Fox (1), Megan McConville (1)
Recent activity as signatory:
• Black Bear Asset Management borrowed $58 million from Morgan Stanley for 503 Broadway, SoHo, Manhattan on June 12, 2023.
• Black Bear Asset Management borrowed $60 million from Principal Life Insurance Company for 503 Broadway, SoHo, Manhattan on May 03, 2022.