Daniel Rad

(Dan Rad)

Radson Development

Developer, Owner

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Radson Development NYC portfolio

$536.3 million* – development 51.0%, elevator 43.0%; Bronx 36.0%, Brooklyn 30.0%

316th largest portfolio by dollar value

262,885 sqft – elevator 92%, specialty 7%;

973th largest by SF

8 properties – Bronx 37%, Brooklyn 25%

997th largest

568 residential units – Brooklyn 55%, Queens 44%

379th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 1 for $147.9 million

Developer (new building or major alteration): 12 for 0 square feet

Top Ten Associated Companies:

NYC Housing Development Corporation (4)

Top Ten Associated People:

Ruth Moreira (1)

Recent activity as company:

Radson Development borrowed $147.9 million from NYC Housing Development Corporation for 748 East 241st Street, Wakefield, Bronx on June 30, 2023.

Dan Rad filed plans for new building for 97,286 sqft in East Morrisania, Bronx, on June 22, 2022.

Radson Development borrowed $58.9 million from NYC Housing Development Corporation for 583 Emerald Street, East New York, Brooklyn on January 07, 2022.

Radson Development borrowed $65.7 million from NYC Housing Development Corporation for 573 Emerald Street, East New York, Brooklyn on January 12, 2021.

Radson Development borrowed $107.3 million from NYC Housing Development Corporation for 43756 Beach 20th Street, Cornaga Avenue, Far Rockaway, Queens on January 07, 2020.

Daniel Rad filed plans for new building for 110,716 sqft in East New York, Brooklyn, on February 19, 2019.

Daniel Rad filed plans for new building for 71,724 sqft in Far Rockaway, Queens, on February 07, 2019.

Daniel Rad filed plans for new building for 175,701 sqft in East New York, Brooklyn, on January 29, 2019.

Daniel Rad filed plans for new building for 155,875 sqft in Far Rockaway, Queens, on October 06, 2017.

Daniel Rad filed plans for new building for 205,831 sqft in East New York, Brooklyn, on September 29, 2017.

*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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