E&M Associates
People:
E&M Associates NYC portfolio
$80.5 million -walkup 58%, elevator 39%, condo 1%; Manhattan 63%, Brooklyn 33%, Queens 2%*
1703th largest portfolio by dollar value
399,431 sqft – walkup 52%, elevator 45%, condo 1%; Manhattan 64%, Brooklyn 32%, Queens 2%
987th largest by SF
20 properties – Brooklyn 50%, Manhattan 44%, Queens 5%
517th largest
475 residential units – Manhattan 76%, Brooklyn 21%, Queens 2%
616th largest by residential units
0 foreclosures, 0 bankruptcies, 13 other court cases.
Top Ten Associated Companies:
FBE Limited (3), 2514 Albermarle Holdings LLC (1), 64 Kinston Holdings LLC (1), Beltway Capital Management (1), 615 East 104 Holdings LLC (1)
Top Ten Associated People:
Jeffrey Zwick (4)
Recent activity as company:
• Beltway Capital Management on October 18, 2022 bought a loan with an original principal of $16.1 million from Investors Bank, signed by Tucker Watson, secured by 90 Sullivan Place, when owned by E&M Associates.
• E&M Associates sold 1512 Atlantic Avenue for $12 million to FBE Limited on December 02, 2020.
• E&M Associates sold 2514 Albemarle Road for $12.7 million to FBE Limited on December 02, 2020.
• E&M Associates sold 633 East 104 Street for $51.3 million to FBE Limited on December 02, 2020.
• E&M Associates sold 2514 Albemarle Road for $0 to 2514 Albermarle Holdings LLC on September 30, 2020.
• E&M Associates sold 1512 Atlantic Avenue for $0 to 64 Kinston Holdings LLC on September 30, 2020.
• E&M Associates sold 633 East 104 Street for $0 to 615 East 104 Holdings LLC on September 30, 2020.
Latest Stories:
• Beltway Capital Management buys two notes for $20M in Crown Heights, Chelsea (December 14, 2022)
• E&M files to rehab 11 units in 67-unit Central Harlem rental (October 05, 2022)
• FBE Limited pays $76M to E&M Associates for properties in Brooklyn (December 14, 2020)
• FBE Limited borrows $48.4M from Signature Bank to buy property in Brooklyn (December 14, 2020)
Court Records:
Properties:
