DeMatteis Organization

(RY Management, Leon D. DeMatteis Construction)

820 Elmont Rd. Elmont, NY 11003

People:

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DeMatteis Organization NYC portfolio

$421.6 million -condo 56%, elevator 35%, industrial 8%; Manhattan 72%, Bronx 27%*

579th largest portfolio by dollar value

2,433,476 sqft – elevator 72%, condo 20%, industrial 6%; Bronx 50%, Manhattan 49%

208th largest by SF

9 properties – Manhattan 98%, Bronx 1%

1219th largest

1,884 residential units – Manhattan 53%, Bronx 46%

199th largest by residential units

Notes

Website: RY Management “is the management branch of The DeMatteis Organizations (the owner) and has opened and managed many of their properties, as well as properties for third party owners.”

Company Activity past 24 months:

Seller company: 1 for $87.7 million

Borrower company: 1 for $53.5 million

Top Ten Associated People:

Laura R. Caldwell (1), Lauren Connors (1), Rick Gropper (1), Todd Phillips (1)

Recent activity as company:

• DeMatteis Organization borrowed $53.5 million from NYC Housing Development Corporation for 3600 Paul Avenue, 40 W Mosholu Parkway S, N/A Paul Avenue, N/A Paul Avenue, N/A Paul Avenue, and N/A Jerome Avenue, Bedford Park, Bronx on June 30, 2026.

• DeMatteis Organization sold 726 AIR RGTS Eldert Lane for $87.7 million to Camber Property Group on December 30, 2024.

• RY Management borrowed $73 million from Capital One for 1623 3rd Avenue, 1601 3rd Avenue, 1601 3rd Avenue, 1601 3rd Avenue, 1619 3rd Avenue, and others, Yorkville, Manhattan on December 01, 2023.

• DeMatteis Organization borrowed $52 million from Greystone & Co. for 1763 2 Avenue on November 22, 2022.

• DeMatteis Organization sold 193 Elizabeth Street for $9.3 million to LIHC Investment Group on February 26, 2020.

• DeMatteis Organization sold 193 Elizabeth Street for $31.8 million to LIHC Investment Group on February 26, 2020.

• DeMatteis Organization sold 193 Elizabeth Street for $2.8 million to LIHC Investment Group on February 26, 2020.

Properties:

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