SYU Properties

20 West 47 Street, Suite 205 New York, NY 10036

People:

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SYU Properties NYC portfolio

$58.5 million -specialty 46%, office 31%, retail 22%; Queens 68%, Manhattan 31%*

2065th largest portfolio by dollar value

149,050 sqft – specialty 47%, office 40%, retail 11%; Queens 59%, Manhattan 40%

1868th largest by SF

3 properties – Queens 66%, Manhattan 33%

2806th largest

2 residential units – Manhattan 100%

6988th largest by residential units

Company Activity past 24 months:

Borrower company: 2 for $14 million

Top Ten Associated Companies:

Lone Star Funds (1), ConnectOne Bank (1)

Top Ten Associated People:

Laura P. Sims (1), Peter Meyer (1)

Recent activity as company:

SYU Properties borrowed $14 million from ConnectOne Bank for 249 West 30 Street on March 12, 2026.

Lone Star Funds on February 26, 2025 bought a loan with an original principal of $22.7 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 249 West 30 Street, when owned by SYU Properties.

Martin Goodstein sold 138-35 Queens Boulevard for $12.9 million to SYU Properties on September 10, 2020.

Properties:

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