David Levine

(Levine David)

PAR Group

Developer, Owner

60 North Prospect Avenue, Lynbrook, NY 11563

101 Park Avenue, New York, NY 10178

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PAR Group NYC portfolio

$52.2 million -D3 50%, retail 28%, B1 21%; Brooklyn 78%, Manhattan 21%*

2186th largest portfolio by dollar value

53,016 sqft – retail 89%, B1 8%, D3 2%; Brooklyn 91%, Manhattan 8%

3345th largest by SF

4 properties – Brooklyn 75%, Manhattan 25%

2293th largest

22 residential units – Brooklyn 90%, Manhattan 9%

3651th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Seller signatory: 3 for $13.7 million

Top Ten Associated People:

Benjamin Li (1), Carlos P. Naudon (1), Marc Kwestel (1), Jordan Hiller (1), Nancy Zink O’Connor (1), Moshe Tropper (1), Hillel Tropper (1), Despina Chrysochou (1), Marzena Wawrzaszek (1), John Feijoo (1)

Recent activity as signatory:

• John Ricci sold 228 Jackson Street for $4.6 million to Marzena Wawrzaszek on August 14, 2025.

Louis Evangelista Jr. sold 41-41 24 Street for $6.9 million to Cyfield Group on April 11, 2025.

Pace Companies sold 19 Box Street for $2.2 million to Jordan Hiller on January 31, 2025.

PAR Group borrowed $20 million from Webster Bank for 822 Evergreen Avenue on October 05, 2023.

David Levine and Lily Schwartz borrowed $7.7 million from JPMorgan Chase for 36 Bank Street, West Village, Manhattan on August 01, 2023.

Extell Development sold 535 West 27 Street for $24.5 million to Silvera Properties on June 06, 2023.

• Raymond Nessim sold 50 West 47th Street, Midtown West, Manhattan for $1.8 million to Ernest Gozenput on November 30, 2022.

Sese Realty Corp sold 64-98 Maurice Avenue for $5.5 million to Benjamin Li on February 11, 2022.

Ponce Bank sold 37-60 82 Street for $11.8 million to Norse Realty on December 16, 2021.

Norse Realty borrowed $7.5 million from New York Community Bank for 37-60 82 Street on December 16, 2021.

Latest Stories:

• East Williamsburg dev site with 10 units planned sells for $4.6M (August 22, 2025)

• Extell files 14 demo plans to clear Hell’s Kitchen dev site, no new building plans filed yet (August 07, 2025)

• Cyprus-based Cyfield Group pays $6.9M for LIC dev site (May 01, 2025)

• Silvera Properties files plans for two-tower, 60-unit building in Chelsea (December 19, 2024)

• Extell Development sells retail in Chelsea to Silvera Properties for $24.5M (June 14, 2023)

• Blackstone Group signs $31.9M initial loan with Barclays for industrial in East New York (March 28, 2022)

• Blackstone pays $35.5M for industrial in East New York, or $314 per sf (December 21, 2021)

• New owner of West Side strip club building sues lender Mack Real Estate (August 23, 2021)

• 10 Madison Sq. West condo sells for $10.9M, below 2017 price of $13.6M (April 22, 2021)

• Moshe Tropper borrows $20M from Valley National for property in East New York (March 26, 2021)

Court Records:

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Properties:

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