Jay Suites

369 Lexington Ave 3rd floor, New York, NY 10017

People:

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Jay Suites NYC portfolio

$35 million* – office 100%; Manhattan 100%

2353th largest portfolio by dollar value

112,120 sqft – office 100%;

1839th largest by SF

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 1 for $35 million

Borrower company: 1 for $19 million

Top Ten Associated Companies:

William A. Felder (1), Joan Felder (1), David Schustak (1), Judith Schustack (1), Seena Sperling (1), Citibank (1)

Top Ten Associated People:

William A. Felder (1), Joan Felder (1), David Schustak (1), Judith Schustack (1), Seena Sperling (1)

Recent activity as company:

• Jay Suites borrowed $19 million from Citibank for 8 West 38th Street, Grand Central, Manhattan on July 31, 2024.

• William A. Felder, Joan Felder, David Schustak, Judith Schustack and Seena Sperling sold 8 West 38th Street, Grand Central, Manhattan for $35 million to Jay Suites on July 31, 2024.

Court Records:

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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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