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%*
1263th largest portfolio by dollar value
341,198 sqft – hotel 41%, industrial 27%, walkup 16%; Brooklyn 100%
1118th largest by SF
7 properties – Brooklyn 100%
1462th largest
183 residential units – Brooklyn 100%
1250th 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:
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• Joseph Torres and Simon Whitley filed a $1 million lawsuit 154128/2025 against NYC Board of Standards and Appeals on March 28, 2025, seeking a judgment related to ruling at 99 Sutton Street.
• Joseph Torres Jr. on November 07, 2023, filed a $18.5 million bankruptcy 1-23-44083-ess for 25 Jay Street that has creditor Wells Fargo.
• Series 2020-B17 filed a $18.5 million pre-foreclosure 1:23-cv-01211-ENV-PK on February 14, 2023, against Joseph Torres at 25 Jay Street.
• UBS-BARCLAYS COMMERCIAL MORTGAGE TRUST 2012-C3 filed a $5.4 million pre-foreclosure 510302/2022 on April 07, 2022, against JOSEPH TORRES JR. at 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street, 214 Franklin Street and 214 Franklin Street.
• 99 Sutton LLC and Joseph Torres on December 20, 2021, filed a $19.5 million bankruptcy 1-21-43124-ess for 99 Sutton Street.
• Joseph Torres on May 10, 2021, filed a $8.8 million bankruptcy 1-21-41272-jmm for 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street, 38-24 32 Street and 38-24 32 Street.
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Properties:
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• Elevator building on 27 jay street, dumbo, brooklyn (3000200006)
• Industrial building on 30 grand avenue, clinton hill, brooklyn (3018770035)
• Hotel building on 44 ash street, greenpoint, brooklyn (3024790023)
• Hotel building on 46 ash street, greenpoint, brooklyn (3024790028)
• Hotel building on 216 franklin street, greenpoint, brooklyn (3025220003)
• Hotel building on 251 north henry street, greenpoint, brooklyn (3026290035)
• Walkup building on 111 sutton street, greenpoint, brooklyn (3026580026)
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