Harel Edery
Founder
EDRE Development
Developer, Owner
110 East 40th Street Street, New York, NY 10016
EDRE Development NYC portfolio
$23 million -industrial 42%, walkup 35%, B1 11%; Brooklyn 99%*
3292th largest portfolio by dollar value
24,507 sqft – walkup 49%, E1 17%, B1 11%; Brooklyn 100%
4630th largest by SF
8 properties – Brooklyn 100%
1395th largest
12 residential units – Brooklyn 100%
4481th 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): 7 for 12,172 square feet
Top Ten Associated Companies:
Robert Loeffler (1), Verlene Spivey (1), Emerald Creek Capital (1), Spruce Capital (1), Cerbert S.J. Noonan (1), Gerardino Morales (1), Rosalie Morales (1), Danielle Parker (1), EDRE Development (1), John McNulty (1)
Top Ten Associated People:
Darren S. Berger (1), Verlene Spivey (1), Cerbert S.J. Noonan (1), Rosalie Morales (1), Danielle Parker (1), Joshua Crane (1), John McNulty (1)
Recent activity as signatory:
• 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.
• EDRE Development borrowed $8 million from Spruce Capital for None on May 06, 2021.