NewBank
Lender
People:
NewBank NYC portfolio
$6 million -condo 100%; Manhattan 100%*
5685th largest portfolio by dollar value
10,195 sqft – condo 100%; Manhattan 100%
6101th largest by SF
3 foreclosures, 0 bankruptcies, 0 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $6 million
Lender company: 9 for $66.6 million
Recent activity as company:
• Myungsook Jun and Grace Jun borrowed $5 million from NewBank for 131 West 14 Street on March 20, 2026.
• Sohan Chadha borrowed $6 million from NewBank for 1074 Beach 22 Street on December 16, 2025.
• W Boulevard Co. sold 20 West 33rd Street, Penn Station, Manhattan for $6 million to NewBank on November 25, 2025.
• Anthony Chiodi and Mark Boccia borrowed $10.6 million from Zions Bancorporation for 214-21 41 Avenue on October 30, 2025.
• Dae Hyun Yoo borrowed $6.5 million from NewBank for 48-51 32 Place on October 22, 2025.
• Ramzey Ahmad borrowed $495,000 from HAB Bank for 5516 Tilden Avenue, East Flatbush, Brooklyn on October 01, 2025.
• David Changaz and Denis Sahmanovik borrowed $3 million from NewBank for 2104 Cross Bronx Expressway on May 30, 2025.
• Surjeet Kaur borrowed $12.9 million from NewBank for 268 Williams Avenue on March 28, 2025.
• Surjeet Kaur borrowed $12.9 million from NewBank for 268 Williams Avenue on March 28, 2025.
• Maheshchand Ratanji borrowed $9.8 million from State Bank of Texas for 449 West 36 Street on December 30, 2024.
Latest Stories:
• David Gomez of Peak Capital pays $5.18M for dev site in Flatiron District (March 26, 2025)
• Maheshchand Ratanji pays $14M to SMA Group NYC for hotel in Hudson Yards (January 15, 2025)
• Good Fortune Realty signs $7.6M refi with NewBank for retail in Flushing (September 04, 2024)
• Jose Medina signs $6.8M refi for mixed-use in Mott Haven (June 26, 2024)
• Maninder Singh pays $9.6M to Jianfei Chen for hotel in Flushing (March 26, 2024)
• Ketan Patel pays $18.1M for hotel in Long Island City (February 22, 2024)
Court Records:
Properties: