Timber Equities
Owner, Developer
Private Equity
1359 Broadway, Suite 820, New York, New York 10018
People:
Timber Equities portfolio
$5 million* – elevator 56.0%, V1 16.0%; Bronx 70.0%, Manhattan 29.0%
3793th largest portfolio by dollar value
40,751 sqft – elevator 94%, V1 5%;
3188th largest by SF
5 properties – Manhattan 60%, Bronx 40%
1706th largest
55 residential units – Bronx 100%, Manhattan 0%
2068th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Borrower company: 3 for $84.3 million
Top Ten Associated Companies:
Bank Hapoalim (4), Webster Bank (1), Neil Fink (1), United States of America (1)
Top Ten Associated People:
Daniel De Diego (1), Neil Fink (1)
Recent activity as company:
• Timber Equities borrowed $21 million from Bank Hapoalim for 5055 Broadway, Inwood, Manhattan on August 01, 2024.
• Timber Equities borrowed $44 million from Bank Hapoalim for 168-174 West 225th Street, Marble Hill, Manhattan on November 08, 2023.
• Timber Equities borrowed $19.3 million from Webster Bank for 2395 Palisade Avenue, Spuyten Duyvil, Bronx on February 13, 2023.
• Neil Fink sold N/A Frederick Douglass B, None, Manhattan for $2.4 million to Timber Equities on November 30, 2022.
• Timber Equities borrowed $19 million from Bank Hapoalim for 3893 Waldo Avenue, Fieldston, Bronx on November 21, 2022.
• Timber Equities for Michel Perle filed plans for new building for 58,075 sqft in Harlem, Manhattan, on February 28, 2022.
• Timber Equities for Michel Perle filed plans for new building for 113,399 sqft in Marble Hill, Bronx, on December 01, 2021.
• Timber Equities for Michel Perle filed plans for new building for 52,376 sqft in Inwood, Manhattan, on September 08, 2021.
• United States of America sold None, Inwood, Manhattan for $3.4 million to Timber Equities on November 23, 2020.
• Timber Equities borrowed $17.5 million from Bank Hapoalim for 2395 Palisade Avenue, University Heights, Bronx on August 19, 2020.
Latest Stories:
• Timber Equities signs $48.25M contract for 128K Chelsea dev site (January 31, 2025)
• Timber Equities signs $26.5M construction loan for 52-unit project in Harlem (April 30, 2024)
• Timber Equities signs $44M construction loan with Bank Hapoalim in Marble Hill (November 09, 2023)
• Timber Equities pays $2.4M for dev site in Harlem (December 01, 2022)
• Timber Equities pays $3.4M to federal government for seized property in Inwood (November 24, 2020)
• ZONING LOT: 7 residential units in University Heights (July 24, 2019)
Court Records:
Properties: