Jay Shah
(Shah Jay)
Cre – Relationship Manager And Originator
Metropolitan Commercial Bank
Lender
Metropolitan Commercial Bank NYC portfolio
$13.2 million -mixed-use 100%; Brooklyn 100%*
4245th largest portfolio by dollar value
15,800 sqft – mixed-use 100%; Brooklyn 100%
5347th largest by SF
3 foreclosures, 1 bankruptcy, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 14 for $211 million
Top Ten Associated Companies:
SKF Development (6), Spaxel (2), Moses Werzberger (1), Ezra Mashaal (1), Leser Group (1), Barone Management (1), Cayre Equities (1), 60 Guilders (1), H. Gilbert Polinsky (1), Mona Gora Friedman (1)
Top Ten Associated People:
Robert J. Teitelbaum (6), Granit Gjonbalaj (2), Moses Werzberger (1), Ezra Mashaal (1), Abraham Leser (1), John Silviano (1), Kenneth Cayre (1), Kevin Chisholm (1), H. Gilbert Polinsky (1), Mona Gora Friedman (1)
Recent activity as signatory:
• 101 Holdings borrowed $10 million from 360 Capital Funding for None on May 04, 2026.
• Moses Werzberger borrowed $7.2 million from Metropolitan Commercial Bank for 322 De Witt Avenue on April 29, 2026.
• Franco Sukaj borrowed $5.7 million from Self Reliance New York Federal Credit Union for None on April 28, 2026.
• Triangle Equities borrowed $14.5 million from Metropolitan Commercial Bank for 755 Co-Op City Boulevard, 755 Co-Op City Boulevard, and 755 Co-Op City Boulevard, Eastchester, Bronx on April 09, 2026.
• Spaxel borrowed $16.1 million from Metropolitan Commercial Bank for 1745 West Farms Road on March 18, 2026.
• Stellar Management borrowed $22.5 million from Metropolitan Commercial Bank for 220 5 Avenue on October 27, 2025.
• SKF Development borrowed $23.8 million from Valley National Bank for 2055 Ryer Avenue on October 08, 2025.
• OTL Enterprises and Troy Realty Capital borrowed $4.7 million from Metropolitan Commercial Bank for 21 Park Place on September 04, 2025.
• AbeCo Organization borrowed $18.5 million from Morgan Stanley for 1881 Mcdonald Avenue on August 01, 2025.
• Joshua Guttman borrowed $15.5 million from Metropolitan Commercial Bank for 163 Front Street on July 31, 2025.
Latest Stories:
• Anshel Fridman’s Nalcorp files plans for 99 units in Mott Haven, 3rd on site (May 06, 2026)
• Anshel Fridman’s Nalcorp files plans for 2 buildings with 198 units in Mott Haven (April 29, 2026)
• Spaxel signs $32.6M refi with JLL for 128-unit rental in Mt Hope (December 19, 2025)
• OTL Enterprises pays $8M for dev site in Financial District (September 25, 2025)
• AbeCo signs $18.5M refi with Morgan Stanley for Gravesend rental with 41 units (August 14, 2025)
• Elmo Realty signs $19M refi for Crown Heights building threatened by foreclosure (April 29, 2025)
• Meshulem Twersky signs $31M refi with Greystone for new buildings in Astoria (April 07, 2025)