Block Institute
Block Institute NYC portfolio
$157.6 million -development 74%, condo 25%; Queens 74%, Brooklyn 25%*
1133th largest portfolio by dollar value
129,189 sqft – condo 100%; Brooklyn 100%
2069th largest by SF
5 properties – Brooklyn 80%, Queens 20%
1898th largest
Top Ten Associated Companies:
Signature Bank (1), NYS Housing Finance Agency (1)
Recent activity as company:
• Block Institute borrowed $88 million from NYS Housing Finance Agency for None on December 16, 2021.
• Block Institute borrowed $30 million from Signature Bank for 911 Erskine Street, 10 Schroders Walk, 702 Vandalia Avenue, 881 Erskine Street, and 894 Fountain Avenue, East New York, Brooklyn on August 20, 2021.
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Properties:
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