Brause Realty

$403.4 million -office 37%, elevator 31%, development 24%; Queens 58%, Manhattan 41%*

547th largest portfolio by dollar value

1,072,908 sqft – office 71%, elevator 25%, retail 1%; Queens 80%, Manhattan 19%

461th largest by SF

10 properties – Manhattan 70%, Queens 30%

1009th largest

436 residential units – Queens 62%, Manhattan 37%

662th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Buyer company: 1 for $16.5 million

Borrower company: 1 for $10 million

Michele J. Kanapes (1), Cynthia Wang (1)

• Brause Realty borrowed $10 million from The lender for 37 Union Square West on June 24, 2024.

• Martin Feinberg sold 37 Union Square West for $16.5 million to Brause Realty on June 24, 2024.

• Brause Realty borrowed $75 million from JPMorgan Chase for 731 2 Avenue on February 06, 2024.

• Brause Realty borrowed $30 million from Apple Bank for Savings for 41-15 27 Street on July 24, 2023.

• Andrea Carrai sold None for $9 million to Brause Realty on December 09, 2021.

• Brause Realty borrowed $20 million from Minnesota Life Insurance Company for 40 East 45 Street on June 05, 2020.

• Brause Realty for David Brause filed plans for new building for 206,811 sqft in Long Island City, Queens, on August 13, 2014.

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