Verizon

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Verizon NYC portfolio

$277 million* – industrial 74%, office 22%; Bronx 38%, Brooklyn 28%

589th largest portfolio by dollar value

467,396 sqft – industrial 68%, office 27%;

640th largest by SF

54 properties – Queens 31%, Brooklyn 29%

174th largest

21 residential units – Bronx 100%, Manhattan 0%

3156th largest by residential units

Company Activity past 24 months:

Developer (new building or major alteration): 1 for 58,880 square feet

Top Ten Associated Companies:

Lightstone Group (1), Edison Properties (1), Peter C. Marron (1), Daten Group (1), Faizurahman Aminy (1), Abdul W. Aziz (1), Ahmad Aziz (1)

Top Ten Associated People:

Joseph Teichman (1), Jon Dario (1), Peter C. Marron (1), Faizurahman Aminy (1)

Recent activity as company:

• Verizon for Derek Chin filed plans for new building for 58,880 sqft in East Williamsburg, Brooklyn, on January 15, 2024.

• Verizon for Kevin Herb filed plans for new building for 154,140 sqft in Hell’s Kitchen, Manhattan, on February 09, 2023.

• Faizurahman Aminy, Abdul W. Aziz and Ahmad Aziz sold 131 Morgan Avenue, East Williamsburg, Brooklyn for $30.9 million to Verizon on December 23, 2022.

• Peter C. Marron sold 470 Zerega Avenue, 500 Zerega Avenue, 480 Zerega Avenue, and 502 Zerega Avenue, Castle Hill, Bronx for $21 million to Verizon on November 22, 2022.

• Edison Properties sold 620 12th Avenue, Hell’s Kitchen, Manhattan for $50 million to Verizon on June 28, 2022.

• Lightstone Group sold 325 Exterior Street, Mott Haven, Bronx for $74.7 million to Verizon on January 06, 2022.

• Verizon sold 540-554 Waverly Avenue, Clinton Hill, Brooklyn for $17.2 million to Daten Group on January 15, 2020.