Joseph Torres
(Jose I. Torres Jr., Joseph I. Torres Jr., Jose I. Torres, Jose Torres, Joseph I. Torres)
Owner
77 Box St Brooklyn, NY 11222
Joseph Torres NYC portfolio
$133.9 million -hotel 50%, elevator 18%, walkup 15%; Brooklyn 100%*
1357th largest portfolio by dollar value
341,198 sqft – hotel 41%, industrial 27%, walkup 16%; Brooklyn 100%
1167th largest by SF
7 properties – Brooklyn 100%
1547th largest
183 residential units – Brooklyn 100%
1303th largest by residential units
1 foreclosure, 88 bankruptcies, 1 other court case.
Person Activity past 24 months:
Borrower signatory: 4 for $78.9 million
Developer (new building or major alteration): 9 for 78,807 square feet
Top Ten Associated Companies:
Ellington Management Group (3), Morgan Stanley (2), Metropolitan Commercial Bank (2), Robert Cerrone (1), Sunlight Development Group (1), Xia Zhou (1), Edgewood Capital Advisors (1)
Top Ten Associated People:
Craig Zajac (2), Katherine Meagher (2), Robert Cerrone (1), Kristin Sansone (1), Linzhong Zhuo (1), Dennis Graham (1), Joe Wenk (1), Michael House (1), Ryan Connolly (1)
Recent activity as signatory:
• Joseph Torres borrowed $12.9 million from Morgan Stanley for 251 North Henry Street on November 20, 2025.
• Joseph Torres borrowed $10 million from Metropolitan Commercial Bank for 216 Franklin Street on August 28, 2025.
• Joseph Torres borrowed $15 million from Metropolitan Commercial Bank for 30 Grand Avenue on August 14, 2025.
• Joseph Torres and Simon Whitley borrowed $41 million from Morgan Stanley for 44 Ash Street on March 13, 2025.
• Joseph Torres filed plans for major alteration for 57,821 sqft in Greenpoint, Brooklyn, on November 12, 2024.
• Joseph Torres sold 38-26 32 Street for $6.6 million to Robert Cerrone on April 03, 2024.
• Joseph Torres borrowed $13.6 million from Ellington Management Group for 251 North Henry Street on August 15, 2023.
• Joseph Torres borrowed $16 million from Ellington Management Group for 111 Sutton Street on July 31, 2023.
• Joseph Torres sold 49 Ash Street for $18.8 million to Sunlight Development Group and Xia Zhou on July 21, 2023.
• Joseph Torres borrowed $8.8 million from Edgewood Capital Advisors for 216 Franklin Street on June 07, 2023.
Latest Stories:
• Joseph Torres signs $41M refi for hotel in Greenpoint (March 28, 2025)
• Robert Cerrone of Park Construction buys bankrupt LIC dev site for $6.6M (April 10, 2024)
• $18.5M bankruptcy filed for residential loft building in Dumbo (November 08, 2023)
• Sunlight Development Group pays $18.8M for industrial in Greenpoint (August 02, 2023)
• $18.5M pre-foreclosure on Dumbo mixed-use property (May 22, 2023)
Court Records: