New Empire Corp.

(New Empire Capital Partners, New Empire Development Group)

Developer, Owner

570 Lexington Ave, suite 2000A, New York, NY 10022

4918 3rd Avenue Brooklyn, NY 11220

People:

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New Empire Corp. NYC portfolio

$477.3 million -retail 25%, specialty 15%, industrial 13%; Manhattan 41%, Queens 31%, Brooklyn 26%*

467th largest portfolio by dollar value

289,838 sqft – industrial 26%, elevator 25%, D6 16%; Manhattan 59%, Brooklyn 29%, Staten Island 5%

1230th largest by SF

25 properties – Brooklyn 40%, Manhattan 36%, Queens 20%

423th largest

741 residential units – Brooklyn 46%, Queens 33%, Manhattan 19%

439th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 4 for $71.5 million

Borrower company: 6 for $206.9 million

Top Ten Associated People:

Dean Saltzman (2), David Speiser (1), Susanna Shao (1), Katie Peterson (1), Rudolf Kats (1), James Lim (1), Constantine M. Dakolias (1), Thomas Constantine (1), Bentley Zhao (1)

Recent activity as company:

• Kevin R. Wolf sold None for $33.5 million to New Empire Corp. on July 01, 2026.

• New Empire Corp. borrowed $20.1 million from Ponce Bank for None on July 01, 2026.

• New Empire Corp. borrowed $52.2 million from Madison Realty Capital for 23 Lenox Road on June 18, 2026.

• New Empire Corp. borrowed $24.6 million from Emerald Creek Capital for 247 East 31 Street on December 19, 2025.

• Dean Marchi sold 247 East 31 Street for $17.8 million to New Empire Corp. on December 19, 2025.

• Dean Marchi sold 563 2 Avenue for $12.1 million to New Empire Corp. on December 19, 2025.

• Dean Marchi sold 569 2 Avenue for $8.1 million to New Empire Corp. on December 19, 2025.

• New Empire Corp. borrowed $38 million from Popular Bank for 58-01 Queens Boulevard on November 21, 2025.

• New Empire Corp. borrowed $18 million from Integritas Capital for 58-01 Queens Boulevard on February 21, 2025.

• New Empire Corp. borrowed $54 million from Axos Bank for 41-43 24 Street on July 18, 2024.

Latest Stories:

• New Empire Corp. pays $33.5M for dev site in NoMad (July 17, 2026)

• New Empire Corp. signs $52.2M construction loan with Madison for 131-unit condo in Flatbush (July 09, 2026)

• Bentley Zhao’;s New Empire in contract to pay $51M for 180K sf Midtown West dev site (April 17, 2026)

• New Empire Corp. pays $38M to Marchi family for dev site in Kips Bay (January 06, 2026)

• New Empire signs $18M refi with Integritas for new condo project in Woodside (March 20, 2025)

• New Empire Corp. signs $54M construction loan for 117-unit LIC development (July 31, 2024)

• Navigation Capital Group signs $185M refi loan with Kriss Capital for residential elevator in Midtown East (April 09, 2024)

• New Empire Corp. signs $42M construction loan with Popular Bank for 59-unit condo in Kips Bay (October 12, 2023)

• New Empire files plans for 132-unit project in Flatbush (August 01, 2023)

• New Empire Corp. submits $85.9M condo plan in Kips Bay (April 26, 2023)

Court Records:

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Properties:

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