Urban Standard Development
Lender
Urban Standard Development NYC portfolio
$38.4 million -M1 43%, elevator 38%, walkup 15%; Manhattan 97%, Brooklyn 2%*
2590th largest portfolio by dollar value
31,457 sqft – elevator 45%, walkup 20%, M1 19%; Manhattan 85%, Brooklyn 14%
4284th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
2359th largest
20 residential units – Manhattan 85%, Brooklyn 15%
3805th largest by residential units
Top Ten Associated Companies:
TD Bank (1), Axos Bank (1), OakNorth Bank (1)
Top Ten Associated People:
Marc Kaufman (1), Marion Bahner (1), Benjamin Philip Wulwik (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: