Edward Setton
Shamco Management
Owner
Shamco Management NYC portfolio
$115.3 million -elevator 58%, walkup 41%; Manhattan 51%, Brooklyn 48%*
1397th largest portfolio by dollar value
529,700 sqft – elevator 52%, walkup 47%; Brooklyn 53%, Manhattan 46%
815th largest by SF
15 properties – Manhattan 60%, Brooklyn 40%
700th largest
569 residential units – Brooklyn 52%, Manhattan 47%
551th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $6.1 million
Top Ten Associated Companies:
New York Community Bank (14), Berkadia Commercial Mortgage (1), JPMorgan Chase (1), Capital One (1), Denali Management (1)
Top Ten Associated People:
John Feijoo (1), Robert Harrison (1), Jonathan Wiener (1)
Recent activity as signatory:
• Shamco Management borrowed $6.1 million from Berkadia Commercial Mortgage for 1933 Dorchester Road on July 31, 2024.
• Shamco Management borrowed $15.3 million from New York Community Bank for 532 West 147 Street on May 01, 2022.
• Shamco Management borrowed $6.4 million from New York Community Bank for 551 East 21 Street on April 26, 2022.
• Shamah Propertes sold 690 Rogers Avenue for $6 million to Denali Management on December 29, 2021.
• Meridian Capital Group borrowed $7.3 million from New York Community Bank for 2110 Newkirk Avenue on April 26, 2021.
• Shamco Management borrowed $7.7 million from New York Community Bank for 562 West 174 Street on April 01, 2021.
• Shamco Management borrowed $12.7 million from New York Community Bank for 295 Albany Avenue on April 01, 2021.
• Shamco Management borrowed $5.8 million from New York Community Bank for 465 Ocean Avenue on April 01, 2021.
• Edward Setton borrowed $7.2 million from New York Community Bank for 65 East 19 Street on February 10, 2021.
• Edward Setton borrowed $6 million from New York Community Bank for 66 East 19 Street on January 19, 2021.
Latest Stories:
• Edward Setton borrows $5M from JPMorgan Chase Bank for property in Midwood (October 07, 2019)