Commerzbank

(Commerz Real, Commerz Real Americas)

People:

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Commerzbank NYC portfolio

$1.5 billion* – condo 99.0%; Manhattan 99.0%, Bronx 0.0%

114th largest portfolio by dollar value

921,833 sqft – condo 100%;

371th largest by SF

2 properties – Manhattan 100%, Bronx 0%

2903th largest

0 foreclosures, 0 bankruptcies, 2 other court cases.

Notes

Commerz Real is a division of Commerzbank

Top Ten Associated Companies:

Northwind Group (1)

Top Ten Associated People:

Brian Steinwurtzel (1)

Recent activity as company:

Northwind Group sold 7 Hanover Square, 7 Hanover Square, 7 Hanover Square, 7 Hanover Square, 7 Hanover Square, and others, Financial District, Manhattan for $756.3 million to Commerzbank on December 29, 2021.

Court Records:

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Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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