Daniel Rad

(Dan Rad)

Developer, Owner

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$26.2 million* – elevator 82%, development 11%; Queens 61%, Brooklyn 25%

1454th largest portfolio by dollar value

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

983th largest by SF

8 properties – Bronx 37%, Brooklyn 25%

1044th largest

568 residential units – Brooklyn 55%, Queens 44%

386th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Borrower signatory: 1 for $147.9 million

Developer (new building or major alteration): 11.0 for 0 square feet

Ruth Moreira (1)

• 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.