Hercules Argyriou

Mega Contracting Group

(Mega Contracting, Mega Development, Mega Group Development)

Owner

48-02 25th Avenue, Suite 400 Astoria, NY 11103

Mega Contracting Group NYC portfolio

$791.2 million -industrial 63%, mixed-use 21%, elevator 8%; Bronx 51%, Manhattan 33%, Brooklyn 8%*

292th largest portfolio by dollar value

269,480 sqft – condo 51%, industrial 29%, development 11%; Queens 62%, Bronx 37%

1279th largest by SF

11 properties – Bronx 42%, Queens 42%, Manhattan 7%

904th largest

213 residential units – Queens 100%

1102th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $10.6 million

Seller signatory: 1 for $6.5 million

Borrower signatory: 5 for $524.5 million

Top Ten Associated Companies:

Webster Bank (2), TD Bank (2), NYC Housing Development Corporation (2), Montefiore Medical Center (1), Bank of America (1), First Horizon Bank (1), Bank of Greene County (1), Corporation for Supportive Housing (1), Amerco (1), Mega Contracting Group (1)

Top Ten Associated People:

Lauren Connors (2), Edward Pfleging (1), William D’Allesandro (1), Jose Arredondo (1), Christopher J. Alleva (1), John Antalek (1), Matthew Schatz (1), Matthew F. Braccia (1), Daniel K. Johansson (1)

Recent activity as signatory:

• Mega Contracting Group borrowed $200.4 million from NYC Housing Development Corporation for 109 East 118 Street on December 18, 2025.

• Mega Contracting Group and BronxWorks borrowed $169.3 million from NYC Housing Development Corporation for 395 East 166 Street on December 18, 2025.

• Mega Contracting Group and Community Access borrowed $128.5 million from TD Bank for 1904 Bathgate Avenue on December 11, 2025.

• Montefiore Medical Center sold 1776 Hoe Avenue for $10.6 million to Mega Contracting Group on March 07, 2025.

• Mega Contracting Group borrowed $8 million from Webster Bank for 1776 Hoe Avenue on March 07, 2025.

• Mega Contracting Group sold 27-07 Brooklyn Queens Expressway West for $6.5 million to Amerco on September 16, 2024.

• Mega Contracting Group borrowed $18.2 million from Corporation for Supportive Housing for 1904 Bathgate Avenue on April 16, 2024.

• Hercules Argyriou borrowed $43 million from Webster Bank, First Horizon Bank and Bank of Greene County for 22-60 46 Street on July 21, 2022.

• Mega Contracting Group and Lantern Organization borrowed $48.6 million from Bank of America for None on June 24, 2022.

• Hercules Argyriou and Dimitrios Hanjis borrowed $9 million from TD Bank for 23-10 41st Avenue, 23-10 41st Avenue, and 23-10 41st Avenue, Long Island City, Queens on February 25, 2022.