Werwaiss Properties
(Werwaiss & Co., Werwaiss & Company)
22-15 43rd Ave Suite 300, Long Island City, NY 11101
People:
Werwaiss Properties NYC portfolio
$88.8 million -elevator 83%, industrial 13%, development 3%; Queens 100%*
1617th largest portfolio by dollar value
145,088 sqft – elevator 97%, industrial 2%; Queens 100%
1899th largest by SF
4 properties – Queens 100%
2245th largest
397 residential units – Queens 100%
708th largest by residential units
Company Activity past 24 months:
Seller company: 3 for $23.7 million
Borrower company: 1 for $55.6 million
Top Ten Associated Companies:
Terreno Realty Corporation (1), ZD Jasper Realty (1), Payam Kermanian (1), JPMorgan Chase (1), B Square Realty (1), Apollo Global Management (1), AIG (1)
Top Ten Associated People:
Hayes Graham (1), Zhi Dong Wu (1), Payam Kermanian (1), Hang Dong Zhang (1), Jeffrey Horowitz (1)
Recent activity as company:
• Werwaiss Properties sold None for $9.8 million to B Square Realty on February 26, 2026.
• Werwaiss Properties borrowed $55.6 million from Apollo Global Management for 27-06 44 Drive on May 22, 2025.
• Werwaiss Properties sold 31-32 20 Avenue for $6.3 million to Payam Kermanian on February 11, 2025.
• Werwaiss Properties sold 48-29 31 Place for $7.6 million to Terreno Realty Corporation on December 05, 2024.
• Werwaiss Properties borrowed $110 million from AIG for 42-35 23 Street on March 06, 2023.
• Werwaiss Properties sold None for $7.7 million to ZD Jasper Realty on January 27, 2022.
• Werwaiss Properties borrowed $55.6 million from JPMorgan Chase for 27-06 44 Drive on July 28, 2021.
• Werwaiss Properties for Gretchen Werwaiss filed plans for new building for 229,495 sqft in Long Island City, Queens, on July 15, 2021.
• Werwaiss Properties for John W. Werwaiss filed plans for new building for 117,547 sqft in Long Island City, Queens, on March 02, 2020.
Latest Stories:
• B Square Realty pays $9.8M to Werwaiss Properties for likely dev site in LIC (March 24, 2026)
• Werwaiss Properties signs $55.6M loan with Apollo for 157-unit LIC rental (June 04, 2025)
• Terreno Realty pays $7.6M to Werwaiss for LIC industrial (December 16, 2024)
• ZD Jasper pays $7.7M to expand dev site footprint in Long Island City (February 10, 2022)
Properties: