Ironstate Development

Ironstate Development NYC portfolio

$63.2 million* – elevator 68.0%, condo 31.0%; Manhattan 100.0%, Bronx 0.0%

1579th largest portfolio by dollar value

320,203 sqft – condo 68.0%, elevator 31.0%;

864th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2316th largest

317 residential units – Manhattan 100.0%, Bronx 0.0%

627th largest by residential units

Top Ten Associated Companies:

Deutsche Bank (2), Bank of America (1)

Top Ten Associated People:

Jose Garcia (1), Christopher Harris (1), Jon Tilli (1)

Recent activity as company:

• CBSK Ironstate, Ironstate Development, SK Development and CB Developers borrowed $166.2 million from Deutsche Bank for 547 West 47th Street, Hell’s Kitchen, Manhattan on August 29, 2022.

CB Developers, SK Development, Ironstate Development and CBSK Ironstate borrowed $70 million from Bank of America for 358 Bowery, NoHo, Manhattan on February 25, 2022.

Ironstate Development borrowed $32.5 million from Deutsche Bank for 221 West 29th Streetnot available, Chelsea, Manhattan on October 28, 2019.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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