Real Estate Equities Corporation

reecny.com

Real Estate Equities Corporation NYC portfolio

$280.9 million* – mixed-use 63.0%, development 36.0%; Manhattan 100.0%, Bronx 0.0%

569th largest portfolio by dollar value

43,803 sqft – mixed-use 100%, development 0%;

3063th largest by SF

10 properties – Manhattan 100%, Bronx 0%

824th largest

11 residential units – Manhattan 100%, Bronx 0%

3939th largest by residential units

Top Ten Associated Companies:

Parkview Financial (1), Raven Capital Management (1), Cedar Holdings LLC (1), Heritage Capital Management (1), Khedouri Associates (1), Kinsmen Property Group (1), Regal Acquisitions (1), GDS (1), Related Companies (1), Nightingale Properties (1)

Top Ten Associated People:

Ted Jung (1), Mark Tress (1), Lawrence Khedouri (1), Ari Zagdanski (1), Brian Sedrish (1), Elie Schwartz (1)

Recent activity as company:

• Real Estate Equities Corporation foreclosed and Real Estate Equities Corporation sold 313 West 125th Street and N/A West 126th Street, Harlem, Manhattan for $3.6 million to Cedar Holdings LLC on January 31, 2023.

• Real Estate Equities Corporation borrowed $60.5 million from Raven Capital Management for 156 Bowery, 162 Bowery, 164 Bowery, 166 Bowery, 160 Bowery, and others, Nolita, Manhattan on September 19, 2022.

• Real Estate Equities Corporation borrowed $70 million from Parkview Financial for 23 Third Avenue, 25 Third Avenue, and 3 St Marks Place, East Village, Manhattan on June 23, 2022.

• Real Estate Equities Corporation for Brandon Klein filed plans for new building for 89,924 sqft in Nolita, Manhattan, on April 21, 2022.

• Real Estate Equities Corporation borrowed $40 million from Related Companies for 2226 3rd Avenue, East Harlem, Manhattan on November 23, 2021.

• Real Estate Equities Corporation sold 2226 3rd Avenue, East Harlem, Manhattan for $0 to Nightingale Properties on May 25, 2021.

• Real Estate Equities Corporation for Brandon Klein filed plans for new building for 134,306 sqft in East Harlem, Manhattan, on December 24, 2020.

• Kinsmen Property Group sold 166 Bowery, 164 Bowery, 162 Bowery, 160 Bowery, 158H Bowery, and others, Nolita, Manhattan for $50 million to Real Estate Equities Corporation on September 01, 2020.

• Real Estate Equities Corporation sold 286 Lenox Avenue, Central Harlem, Manhattan for $10.2 million to Regal Acquisitions on April 01, 2020.

• Khedouri Associates sold 2226 3rd Avenue, East Harlem, Manhattan for $27.4 million to Real Estate Equities Corporation on March 09, 2020.