Empire Hotel Group

201 W 79th St New York, NY 10024

319 West 48th Street, New York, NY 10036

People:

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Empire Hotel Group NYC portfolio

$210.3 million -hotel 94%, retail 4%, office 1%; Manhattan 92%, Bronx 7%*

934th largest portfolio by dollar value

757,155 sqft – hotel 96%, retail 1%, office 1%; Manhattan 89%, Bronx 10%

611th largest by SF

9 properties – Manhattan 88%, Bronx 11%

1129th largest

60 residential units – Bronx 100%

2373th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $3.2 million

Borrower company: 3 for $23.9 million

Lender company: 1 for $0

Top Ten Associated People:

Gardner Seret (1), Andrew Zurowski (1), Elena Dokianos (1), Marc Cooper (1), James Logatto (1)

Recent activity as company:

• Alan Drespel, Mark Hurwitz and Rory McCreesh sold 417 West 126 Street for $3.2 million to Empire Hotel Group on August 26, 2025.

• Empire Hotel Group borrowed $6.5 million from Dime Community Bank for 1409 Avenue Of The Americas on June 12, 2025.

• Empire Hotel Group borrowed $17.4 million from Israel Discount Bank for 408 Amsterdam Avenue on May 14, 2025.

• Empire Hotel Group on November 14, 2024 bought a loan with an original principal of $7.2 million from Israel Discount Bank, signed by Carlos Carvajal|Ryan Shay, secured by 350 West 88 Street, when owned by Empire Hotel Group.

• The lender on December 15, 2022 bought a loan with an original principal of $7 million from Israel Discount Bank, signed by Carlos Carvajal|Avi Lieberman, secured by 451 East 148 Street, when owned by Empire Hotel Group.

• The lender on December 15, 2022 bought a loan with an original principal of $12.5 million from Israel Discount Bank, signed by Carlos Carvajal|Avi Lieberman, secured by 160 West 56 Street, when owned by Empire Hotel Group.

• Empire Hotel Group borrowed $36 million from Israel Discount Bank for 248 West 76 Street on February 18, 2022.

• Empire Hotel Group borrowed $11.8 million from First Republic Bank for 2524 Broadway on August 24, 2021.

• Empire Hotel Group borrowed $12 million from Apple Bank for Savings for 335 West 48 Street on February 13, 2020.

Properties:

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