Global Asset Properties

(Global Asset Management)

122 E. 42nd Street Suite 2405 New York, NY 10168

globalassetus.com

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Global Asset Properties NYC portfolio

$63.7 million -condo 81%, retail 10%, industrial 8%; Manhattan 89%, Bronx 10%*

1904th largest portfolio by dollar value

54,640 sqft – condo 80%, retail 19%; Manhattan 80%, Bronx 19%

3242th largest by SF

7 properties – Manhattan 91%, Bronx 8%

1445th largest

Notes

Website: Global Asset Properties is a family owned and operated real estate investment, development and management firm based in New York City. Since its inception in 1982, Global Asset Properties has strategically developed a diversified portfolio of assets in Manhattan, Brooklyn, Queens and the Bronx.

Company Activity past 24 months:

Buyer company: 5 for $53.3 million

Seller company: 3 for $36.4 million

Borrower company: 6 for $48.5 million

Top Ten Associated Companies:

Citibank (2), Haussmann Development (1), Bardhok Kodra (1), Shlomo Karpen (1), Norman Strulovitch (1), Anshel Fridman (1), Columbia Capital (1), China Institute in America (1), ConnectOne Bank (1), ARC Pe (1)

Top Ten Associated People:

Tracey Spiritus (2), Bardhok Kodra (1), Shlomo Karpen (1), Bing Luh (1), John Olsen (1)

Recent activity as company:

• Tessler Developments sold 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan for $10.1 million to Global Asset Properties on March 10, 2026.

• Global Asset Properties borrowed $7.6 million from ARC Pe for 172 Madison Avenue and 172 Madison Avenue, Park Avenue South, Manhattan on March 10, 2026.

• Global Asset Properties borrowed $3.9 million from ConnectOne Bank for None on January 28, 2026.

• Global Asset Properties borrowed $10.8 million from Citibank for 485 7th Avenue, 485 7th Avenue, 40 Rector St, and 40 Rector St, Garment District, Manhattan on January 16, 2026.

• HUBB NYC sold 350 West 42nd Street and 350 West 42nd Street, Hell’s Kitchen, Manhattan for $5.8 million to Global Asset Properties on December 19, 2025.

• Lightstone Group sold 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan for $7.7 million to Global Asset Properties on October 31, 2025.

• Global Asset Properties borrowed $5.4 million from Columbia Capital for 485 7th Avenue and 485 7th Avenue, Garment District, Manhattan on October 31, 2025.

• Acadia Realty Trust sold 1035 Third Avenue and 1035 Third Avenue, Lenox Hill, Manhattan for $22 million to Global Asset Properties on October 01, 2025.

• Global Asset Properties borrowed $15.4 million from Citibank for 200 East 62nd Street and 200 East 62nd Street, Lenox Hill, Manhattan on October 01, 2025.

• China Institute in America sold 40 Rector St and 40 Rector St, Financial District, Manhattan for $7.7 million to Global Asset Properties on August 28, 2025.