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

JY Capital Group NYC portfolio

$5 million* – walkup 100%; Bronx 100%, Manhattan 0%

5132th largest portfolio by dollar value

20,570 sqft – walkup 100%;

4227th largest by SF

35 residential units – Bronx 100%, Manhattan 0%

2661th largest by residential units

36 foreclosures, 2 bankruptcies, 0 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.”

Person Activity past 24 months:

Lender signatory: 1 for $0

Top Ten Associated Companies:

Enrico Manetta (1), Precise Management (1)

Top Ten Associated People:

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

Recent activity as signatory:

Enrico Manetta borrowed $0 from JY Capital Group for 58-89 57th Street, 44-17 54th Drive, 14-02 150th Street, 44-25 54th Drive, 44-21 54th Drive, and others, Maspeth, Queens on July 18, 2023.

Elmo Realty borrowed $26 million from Metropolitan Commercial Bank for 2535 Fredrick Douglass Bl, Harlem, Manhattan on April 07, 2023.

Precise Management sold 16 Menahan Street, 67 Stuyvesant Avenue, 66 Lewis Avenue, 116 Marcus Garvey Blvd, 336 Throop Avenue, and others, Bushwick, Brooklyn for $0 to company on September 01, 2021.

Court Records:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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