RAL Development Services

RAL Development Services NYC portfolio

$322.9 million -office 60%, condo 39%; Manhattan 60%, Brooklyn 39%*

673th largest portfolio by dollar value

399,836 sqft – office 57%, condo 42%; Manhattan 57%, Brooklyn 42%

985th largest by SF

2 properties – Brooklyn 98%, Manhattan 1%

3578th largest

89 residential units – Brooklyn 100%

1936th largest by residential units

Top Ten Associated Companies:

Quay Tower Trust (1), Campbell Willa LLC (1), Dermot Company (1), Goldman Sachs (1), United Overseas Bank (1), Deutsche Bank (1), First Republic Bank (1)

Top Ten Associated People:

Andrew Levison (1), James Huddleston (1), Murray Mackinnon (1), Kolette de Bocos (1)

Recent activity as company:

• RAL Development Services and China Vanke ground leased 13 Bridge Park Drive valued at $90 million to Dermot Company and Goldman Sachs on January 25, 2023.

• RAL Development Services borrowed $148.1 million from Deutsche Bank for 0 irving place on May 31, 2022.

• RAL Development Services borrowed $95 million from First Republic Bank for 50 Bridge Park Drive, 50 Bridge Park Drive, 50 Bridge Park Drive, 50 Bridge Park Drive, 50 Bridge Park Drive, and others, Brooklyn Heights, Brooklyn on August 18, 2021.

• RAL Development Services sold 50 BRIDGE PARK DRIVE, Brooklyn Heights, Brooklyn for $10.2 million to Campbell Willa LLC on May 19, 2020.

• RAL Development Services sold 50 BRIDGE PARK DRIVE, Brooklyn Heights, Brooklyn for $20.3 million to Quay Tower Trust on April 03, 2020.

• RAL Development Services borrowed $71.5 million from United Overseas Bank for 13 Bridge Park Drive on March 19, 2020.

Properties:

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