Harel Edery

Founder

EDRE Development

Developer, Owner

110 East 40th Street Street, New York, NY 10016

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EDRE Development NYC portfolio

$23 million -industrial 42%, walkup 35%, B1 21%; Brooklyn 99%*

3325th largest portfolio by dollar value

24,507 sqft – walkup 49%, B1 21%, E1 17%; Brooklyn 100%

4692th largest by SF

8 properties – Brooklyn 100%

1420th largest

12 residential units – Brooklyn 100%

4534th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $10.7 million

Borrower signatory: 1 for $6.2 million

Lender signatory: 1 for $14.5 million

Developer (new building or major alteration): 9 for 50,864 square feet

Top Ten Associated Companies:

EDRE Development (1), John McNulty (1), S3 Capital (1), Emerald Creek Capital (1), Verlene Spivey (1), Robert Loeffler (1), Spruce Capital (1), Cerbert S.J. Noonan (1), Gerardino Morales (1), Rosalie Morales (1)

Top Ten Associated People:

Joshua Crane (1), John McNulty (1), Verlene Spivey (1), Darren S. Berger (1), Cerbert S.J. Noonan (1), Rosalie Morales (1), Danielle Parker (1)

Recent activity as signatory:

• Harel Edery filed plans for new building for 37,581 sqft in Williamsburg, Brooklyn, on July 13, 2026.

• John McNulty sold 39 South 3 Street for $8.2 million to EDRE Development on April 27, 2026.

• EDRE Development borrowed $6.2 million from S3 Capital for 39 South 3 Street on April 27, 2026.

• EDRE Development borrowed $14.5 million from S3 Capital for 52 South 2 Street on March 06, 2025.

• Verlene Spivey sold 55 Douglass Street, Carroll Gardens, Brooklyn for $2.4 million to EDRE Development on July 15, 2024.

• Gerardino Morales, Rosalie Morales and Danielle Parker sold 371 Sackett Street, Carroll Gardens, Brooklyn for $2.6 million to EDRE Development on February 21, 2024.

• Harel Edery filed plans for new building for 24,937 sqft in Williamsburg, Brooklyn, on November 29, 2023.

• Cerbert S.J. Noonan sold 52 South 2 Street for $7.6 million to EDRE Development on June 21, 2023.

• Harel Edery filed plans for new building for 9,046 sqft in South Slope, Brooklyn, on June 27, 2022.

• Robert Loeffler sold None for $13 million to EDRE Development on May 06, 2021.

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