LC Management

(LC Management USA)

199 Lee Avenue PO Box 962 Brooklyn, NY 11211

$19.5 million* – office 85%, industrial 14%; Brooklyn 100%, Manhattan 0%

3132th largest portfolio by dollar value

11,486 sqft – office 91%, industrial 8%;

5176th largest by SF

2 properties – Brooklyn 100%, Manhattan 0%

3453th largest

Chaskel Landau is affiliated with the company.

Buyer company: 1 for $2.9 million

Borrower company: 1 for $12.5 million

Developer (new building or major alteration): 3 for 85,674 square feet

Ponce Bank (1), Raghsa (1)

• Raghsa sold 343 Himrod, Bushwick, Brooklyn for $2.9 million to LC Management on February 28, 2025.

• LC Management borrowed $12.5 million from Ponce Bank for 182 Duffield Street, Downtown Brooklyn, Brooklyn on February 24, 2025.

• LC Management for Landau Cheskal filed plans for new building for 50,652 sqft in Bushwick, Brooklyn, on February 10, 2025.

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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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