RAL Development Services

RAL Development Services NYC portfolio

$447.6 million* – condo 55.0%, office 44.0%; Brooklyn 55.0%, Manhattan 44.0%

381th largest portfolio by dollar value

399,836 sqft – office 57%, condo 42%;

728th largest by SF

90 properties – Brooklyn 98%, Manhattan 1%

96th largest

89 residential units – Brooklyn 100%, Manhattan 0%

1530th largest by residential units

Top Ten Associated Companies:

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

Top Ten Associated People:

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

Recent activity as company:

• RAL Development Services and China Vanke sold 15 Bridge Park Drive, Brooklyn Heights, Brooklyn for $90 million to Dermot Company and Goldman Sachs on January 27, 2023.

• RAL Development Services borrowed $148.1 million from Deutsche Bank for 124 East 14th Street, East Village, Manhattan on June 27, 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 September 08, 2021.

• RAL Development Services sold 50 BRIDGE PARK DRIVE, Brooklyn Heights, Brooklyn for $10.2 million to Campbell Willa LLC on June 03, 2020.

• RAL Development Services sold 50 BRIDGE PARK DRIVE, Brooklyn Heights, Brooklyn for $20.3 million to Quay Tower Trust on April 14, 2020.

• RAL Development Services borrowed $71.5 million from United Overseas Bank for Landing at Brooklyn Bridge Park at 15 Bridge Park Drive, Brooklyn Heights, Brooklyn on March 23, 2020.