Joseph Lostritto
Owner
Joseph Lostritto NYC portfolio
$22.6 million -industrial 100%; Queens 100%*
3326th largest portfolio by dollar value
224,106 sqft – industrial 100%; Queens 100%
1443th largest by SF
Person Activity past 24 months:
Borrower signatory: 2 for $71.4 million
Top Ten Associated Companies:
TD Bank (2), JPMorgan Chase (2), Princeton Real Estate Partners (1), Yaakov Roth (1), Jacob Gruber estate (1), New York Community Bank (1)
Top Ten Associated People:
Leart Saliu (2), Brian J. Terry (1), Joseph Tabak (1), Yaakov Roth (1)
Recent activity as signatory:
• Steel Equities borrowed $52.9 million from JPMorgan Chase for 59 Paidge Avenue on May 22, 2024.
• Steel Equities borrowed $18.4 million from JPMorgan Chase for 99 Paidge Avenue on May 22, 2024.
• Jacob Gruber estate sold 53-06 Grand Avenue for $9.5 million to Lostritto family on December 16, 2021.
• Steel Equities borrowed $70 million from TD Bank for 319 Johnson Avenue on July 23, 2021.
• Princeton Real Estate Partners sold 403 Johnson Avenue for $18.2 million to Steel Equities on December 31, 2020.
• Yaakov Roth sold 375 Johnson Avenue for $20 million to Steel Equities on October 29, 2020.
• Steel Equities borrowed $22 million from New York Community Bank for 100 Apollo Street on October 29, 2020.
• Steel Equities borrowed $50.2 million from TD Bank for None on June 15, 2020.
Latest Stories:
• Steel Equities buys 50% stake in troubled E. W’burg site from Bruman Realty (January 14, 2021)
• Steel Equities borrows $22M from New York Community for property in Brooklyn (November 23, 2020)
• Steel Equities pays $20M to Yaakov Roth for property in East Williamsburg (November 18, 2020)
• Steel Equities refinances $50.2M from TD Bank for property in East Williamsburg (July 07, 2020)