Joseph Stern
(Stern Joseph)
SB Development Group
(SB Development, SBD 1 Oak Development)
Developer, Owner
700 Rockaway Tpke, Suite 204 Lawrence, NY 11559
SB Development Group NYC portfolio
$260.4 million -elevator 51%, industrial 45%, walkup 1%; Queens 98%, Brooklyn 1%*
799th largest portfolio by dollar value
226,847 sqft – elevator 82%, industrial 14%, walkup 2%; Queens 97%, Brooklyn 2%
1434th largest by SF
8 properties – Queens 96%, Brooklyn 3%
1284th largest
307 residential units – Queens 97%, Brooklyn 2%
837th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $121.7 million
Top Ten Associated Companies:
Northwind Group (2), Slate Property Group (1), M&T Bank (1), Christopher Lupoli (1), Daniel Lupoli (1), Corinne Lupoli (1), Matthew Lupoli (1), Steve S. Cheung (1), Hirshmark Capital (1), iCross Capital (1)
Top Ten Associated People:
Ran Eliasaf (2), Wendy LeBlanc (1), Christopher Lupoli (1), Daniel Lupoli (1), Corinne Lupoli (1), Matthew Lupoli (1), Steve S. Cheung (1), Abraham Goldman (1), Lily Guo (1)
Recent activity as signatory:
• Hazelton Capital Group and SB Development Group borrowed $38.7 million from M&T Bank for 39-40 30 Street on February 03, 2025.
• SB Development Group borrowed $83 million from iCross Capital for 29-16 40 Avenue on August 06, 2024.
• Christopher Lupoli, Daniel Lupoli and Corinne Lupoli sold 29-13 40th Road, Long Island City, Queens for $2.9 million to SB Development on November 09, 2023.
• Matthew Lupoli sold None for $5.8 million to SB Development on November 09, 2023.
• SB Development Group borrowed $5.9 million from Northwind Group for 41-05 29th Street, 41-05 29th Street, 41-05 29th Street, 41-05 29th Street, 41-05 29th Street, and others, Long Island City, Queens on October 10, 2023.
• SB Development Group borrowed $61.7 million from Northwind Group for None on November 30, 2022.
• SB Development Group borrowed $12 million from Hirshmark Capital for 29-16 40 Avenue on July 28, 2022.
• Steve S. Cheung sold 29-16 40 Avenue for $19 million to SB Development Group on July 27, 2022.
• Joseph Stern filed plans for new building for 29,859 sqft in Long Island City, Queens, on March 04, 2022.
• SB Development Group borrowed $55 million from Slate Property Group for None on May 04, 2021.