Irving Shabot
Managing Director
Acquisitions
Lightstone Group
299 Park Avenue, New York, NY 10171
1985 Cedarbridge Ave #1 Lakewood, NJ 0870
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Lightstone Group NYC portfolio
$2.2 billion -condo 38%, hotel 29%, elevator 29%; Manhattan 58%, Queens 17%, Brooklyn 15%*
123th largest portfolio by dollar value
3,388,388 sqft – elevator 50%, condo 29%, hotel 14%; Manhattan 36%, Bronx 31%, Queens 21%
139th largest by SF
48 properties – Manhattan 91%, Bronx 5%, Queens 2%
209th largest
2,634 residential units – Bronx 40%, Queens 23%, Manhattan 19%
132th largest by residential units
2 foreclosures, 907 bankruptcies, 2719 other court cases.