Tower Group

People:

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Tower Group portfolio

$2.5 million* – industrial 100%; Bronx 100%, Manhattan 0%

5093th largest portfolio by dollar value

37,100 sqft – industrial 100%;

3309th largest by SF

3 properties – Bronx 100%, Manhattan 0%

2798th largest

Top Ten Associated Companies:

Miguel Valerio (1), Customers Bank (1)

Top Ten Associated People:

Miguel Valerio (1), Tim T. Zhakselekov (1)

Recent activity as company:

Miguel Valerio sold 1401 Cromwell Avenue, Mt Eden, Bronx for $5.6 million to Tower Group on March 29, 2022.

Tower Group borrowed $11.8 million from Customers Bank for 1415 Cromwell Avenue, 1401 Cromwell Avenue, and 35-45 West 170th Street, Mt Eden, Bronx on March 29, 2022.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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