Alchemy Properties

(Alchemy-ABR Investment Partners)

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Alchemy Properties NYC portfolio

$780.2 million* – condo 68.0%, hotel 17.0%; Manhattan 100.0%, Bronx 0.0%

210th largest portfolio by dollar value

580,251 sqft – hotel 32%, office 30%;

550th largest by SF

62 properties – Manhattan 100%, Bronx 0%

131th largest

102 residential units – Manhattan 100%, Bronx 0%

1448th largest by residential units

Notes

Alchemy Properties, Alchemy-ABR Investment Partners and Alchemy Ventures share common executives.

Company Activity past 24 months:

Buyer company: 3 for $34.2 million

Developer (new building or major alteration): 2 for 162,615 square feet

Top Ten Associated Companies:

JPMorgan Chase (1), New York Community Bank (1), Leona Horwitz (1), Parkoff Organization (1), Copperwood Real Estate (1), Brolive Sisters LLC (1), Ready Capital (1), Rudra Pandey (1), Calvary Baptist Church (1), Security Benefit Life Insurance Company (1)

Top Ten Associated People:

Simon B. Burce (1), Michael D. Morici, Jr. (1), Matthew P. Cullen (1), Lloyd Shaffer (1), Adam L. Parkoff (1), Robert Lemle (1), Michael Barr (1), Todd A. Williams (1), Diane Pernetti (1), Lilliana Pernetti (1)

Recent activity as company:

• Alchemy Properties for Joel Breitkopf filed plans for new building for 160,633 sqft in Lenox Hill, Manhattan, on November 25, 2024.

• Copperwood Real Estate sold 402 East 78th Street, 1484 1st Avenue, and 1482 1st Avenue, Lenox Hill, Manhattan for $5.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on September 06, 2024.

• Leona Horwitz sold 1484 1st Avenue, Lenox Hill, Manhattan for $20.8 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on September 06, 2024.

• Parkoff Organization sold 1482 1st Avenue, Lenox Hill, Manhattan for $8.2 million to Alchemy Properties, ABR Partners and Alchemy-ABR Investment Partners on September 06, 2024.

• Alchemy Properties borrowed $57 million from Signature Bank for 211 East 43rd Street, Grand Central, Manhattan on December 23, 2022.

• Alchemy Properties sold 378 West End Avenue, Upper West Side, Manhattan for $10.3 million to company on July 20, 2022.

• Alchemy Properties sold 2 Park Place, Financial District, Manhattan for $19.5 million to company on July 05, 2022.

• Alchemy Properties borrowed $19.8 million from New York Community Bank for 879 Dekalb Avenue, 319 Malcolm X Blvd, 654 Putnam Avenue, 804 Macon Street, 419 Marcus Garvey Blvd, and others, Bedford-Stuyvesant, Brooklyn on March 02, 2022.

• Alchemy Properties borrowed $230 million from JPMorgan Chase for 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, 378 West End Avenue, and others, Upper West Side, Manhattan on March 01, 2022.

• Alchemy Properties borrowed $8.4 million from Ready Capital for 34 Carmine Street, West Village, Manhattan on July 12, 2021.