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%

5200th largest portfolio by dollar value

20,570 sqft – walkup 100%;

4270th largest by SF

35 residential units – Bronx 100%

2692th largest by residential units

36 foreclosures, 3 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:

Precise Management (1), Enrico Manetta (1)

Top Ten Associated People:

Cheryl E. Ighodaro (1), Enrico Manetta (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 06, 2023.

• Elmo Realty borrowed $26 million from Metropolitan Commercial Bank for 2535 Fredrick Douglass Bl, Harlem, Manhattan on March 13, 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 July 19, 2021.