Urban Standard Development
Lender
Urban Standard Development NYC portfolio
$39.8 million -M1 41%, elevator 36%, walkup 15%; Manhattan 97%, Brooklyn 2%*
2515th largest portfolio by dollar value
34,625 sqft – elevator 41%, walkup 18%, M1 17%; Manhattan 86%, Brooklyn 13%
4079th largest by SF
5 properties – Manhattan 80%, Brooklyn 20%
1956th largest
23 residential units – Manhattan 86%, Brooklyn 13%
3600th largest by residential units
Top Ten Associated Companies:
OakNorth Bank (1), TD Bank (1), Axos Bank (1)
Top Ten Associated People:
Benjamin Philip Wulwik (1), Marc Kaufman (1), Marion Bahner (1)
Recent activity as company:
• Urban Standard Development borrowed $12.5 million from OakNorth Bank for 378 Broome Street, Nolita, Manhattan on August 04, 2023.
• Urban Standard Development borrowed $6 million from TD Bank for 349 West 19 Street on March 31, 2023.
• KD Sagamore Capital borrowed $35 million from Urban Standard Development for 199 Chrystie Street, 199 Chrystie Street, 199 Chrystie Street, 199 Chrystie Street, 199 Chrystie Street, and others, Lower East Side, Manhattan on January 19, 2022.
• Urban Standard Development borrowed $11 million from Axos Bank for 142 West 19th Street, Chelsea, Manhattan on November 22, 2021.
• Mariusz Witek sold 720 5 Avenue for $2.7 million to Urban Standard Development on March 19, 2020.
• Mariusz Witek sold 722 5 Avenue for $2.7 million to Urban Standard Development on March 19, 2020.
• Mariusz Witek sold 719 5 Avenue for $2.7 million to Urban Standard Development on March 19, 2020.
Latest Stories:
• Urban Standard Development pays $8.1M for three buildings in Sunset Park (March 30, 2020)
Properties: