Prestige Properties & Development

People:

To see the 3 people from this company you need a Professional level subscription

Subscribe ($125/month)

Prestige Properties & Development NYC portfolio

$937.6 million -mixed-use 44%, retail 41%, industrial 12%; Bronx 93%, Queens 6%*

281th largest portfolio by dollar value

2,520,939 sqft – retail 40%, industrial 31%, mixed-use 28%; Bronx 92%, Queens 7%

201th largest by SF

16 properties – Bronx 93%, Queens 6%

677th largest

Company Activity past 24 months:

Borrower company: 3 for $604.5 million

Top Ten Associated Companies:

JPMorgan Chase (2), Principal Real Estate Investors (1), Shake Shack New York (1), BankUnited (1)

Top Ten Associated People:

Jennifer R. Lewin (2), Kelly McVicker (1), Diane L. Calvert (1), Brian Gilmore (1)

Recent activity as company:

• Prestige Properties & Development borrowed $280 million from JPMorgan Chase for 200 Baychester Avenue on October 31, 2025.

• Prestige Properties & Development borrowed $44.5 million from Principal Real Estate Investors for 176-70 Union Turnpike on May 06, 2025.

• Prestige Properties & Development borrowed $280 million from JPMorgan Chase for Bay plaza on September 17, 2024.

• Prestige Properties & Development borrowed $31 million from BankUnited for 350 Baychester Avenue on December 21, 2023.

• Prestige Properties & Development ground leased 344 Baychester Avenue valued at $0 to Shake Shack New York on January 02, 2019.

Properties:

To see the 16 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply