Excel Development Group

Excel Development Group portfolio

$10.6 million* – specialty 53%, walkup 46%; Manhattan 100%, Bronx 0%

2573th largest portfolio by dollar value

40,835 sqft – specialty 73%, walkup 26%;

3180th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3204th largest

Top Ten Associated People:

Kevin Sullivan (1), Uri Ben-Ezer (1)

Recent activity as company:

Excel Development Group for Michael Heletz filed plans for new building for 104,016 sqft in Hell’s Kitchen, Manhattan, on May 02, 2023.

Uri Ben-Ezer sold 345 East 33rd Street, Kips Bay, Manhattan for $2.1 million to Excel Development Group on June 17, 2022.

Catholic Charities of the Archdiocese of New York sold 539 West 54th Street, Hell’s Kitchen, Manhattan for $25 million to Excel Development Group on January 18, 2022.

Excel Development Group borrowed $19.5 million from Bank Leumi for 539 West 54th Street, Hell’s Kitchen, Manhattan on January 18, 2022.

Properties:

To see the 2 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply