Alexander Hofstedter

(Alexander Hofsteder)

JY Capital Group

Lender

377 Pearsall Avenue, Suite C, Cedarhurst NY 11516

1193 E 19th St, Brooklyn, NY 11230

La Maison de JY

Straights of JY LP

JY Citizen L.P.

JY Shtotty SPE LLC

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JY Capital Group NYC portfolio

$17.9 million -office 36%, mixed-use 35%, walkup 27%; Manhattan 72%, Bronx 27%*

3712th largest portfolio by dollar value

40,635 sqft – walkup 50%, office 27%, mixed-use 22%; Bronx 50%, Manhattan 49%

3821th largest by SF

3 properties – Manhattan 66%, Bronx 33%

3072th largest

39 residential units – Bronx 89%, Manhattan 10%

2947th largest by residential units

36 foreclosures, 175 bankruptcies, 87 other court cases.

Notes

“Alexander Hofstedter, who because of his religious beliefs does not swear, solemnly affirms under the penalties of perjury, as follows: I am a general partner and authorized signatory of JY PARAPET L.P.”

Top Ten Associated Companies:

Precise Management (1), Enrico Manetta (1)

Top Ten Associated People:

Cheryl E. Ighodaro (1), Enrico Manetta (1)

Recent activity as signatory:

• JY Capital Group on July 06, 2023 bought a loan with an original principal of $16.1 million from H&O Capital Funding, signed by Daniel J. Houlihan Jr., secured by 58-89 57 Street, when owned by Enrico Manetta.

• Elmo Realty borrowed $26 million from Metropolitan Commercial Bank for 2541 8 Avenue on March 13, 2023.

• Precise Management sold 16 Menahan Street for $0 to The buyer on July 19, 2021.

Court Records:

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Properties:

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