Werwaiss Properties
(Werwaiss & Company, Werwaiss & Co.)
22-15 43rd Ave Suite 300, Long Island City, NY 11101
People:
Werwaiss Properties NYC portfolio
$206.8 million -development 58%, elevator 35%, industrial 5%; Queens 99%*
954th largest portfolio by dollar value
145,088 sqft – elevator 97%, industrial 2%; Queens 100%
1930th largest by SF
4 properties – Queens 100%
2248th largest
397 residential units – Queens 100%
692th largest by residential units
Company Activity past 24 months:
Seller company: 3 for $23.7 million
Borrower company: 2 for $185.6 million
Top Ten Associated Companies:
JPMorgan Chase (1), B Square Realty (1), AIG (1), Apollo Global Management (1), Terreno Realty Corporation (1), ZD Jasper Realty (1), Payam Kermanian (1), Barings (1)
Top Ten Associated People:
Hang Dong Zhang (1), Jeffrey Horowitz (1), Hayes Graham (1), Zhi Dong Wu (1), Payam Kermanian (1), Jonathan C. Neff (1)
Recent activity as company:
• Werwaiss Properties borrowed $130 million from Barings for 23-08 42 Road on July 14, 2026.
• 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:
• Werwaiss Properties signs $130M refi with Barings for 240-unit rental in LIC (August 03, 2026)
• B Square Realty files plans for 38 units in Long Island City (June 02, 2026)
• 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)
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