Konstantin Grinberg

Bankwell Bank

Lender

208 Elm St. New Canaan, CT 06840

LinkedIn

Bankwell Bank portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$3 million – walkup 100%; Brooklyn 100%, Manhattan 0%

4659th largest portfolio by dollar value

15,953 sqft – walkup 100%;

4523th largest by SF

16 residential units – Brooklyn 100%, Manhattan 0%

784th largest by residential units

0 foreclosures, 1 bankruptcy, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $9.7 million

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 3 for $48 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Marx Development Group (1), Janusz Sendowski (1), Leopold Friedman (1), Juda Klein (1), Michael Melnicke (1)

Top Ten Associated People:

David E. Marx (1), Janusz Sendowski (1), Leopold Friedman (1), Juda Klein (1), Michael Melnicke (1)

Recent activity as signatory:

Michael Melnicke borrowed $10 million from Bankwell Bank for 17-11 Brookhaven Avenue, Far Rockaway, Queens on January 02, 2025.

Juda Klein sold 80 Ainslie Street, Williamsburg, Brooklyn for $9.7 million to Bankwell Bank on November 27, 2024.

Leopold Friedman borrowed $18 million from Bankwell Bank for 641 West 230th Street, Spuyten Duyvil, Bronx on October 25, 2024.

Janusz Sendowski borrowed $28.7 million from Deutsche Bank for 423 East 138th Street and 39 Carmine Street, Mott Haven, Bronx on August 29, 2023.

Janusz Sendowski borrowed $20 million from Bankwell Bank for 423-437 East 138th Street, Mott Haven, Bronx on July 11, 2023.

Marx Development Group borrowed $32 million from Bankwell Bank for 33-23 Union Street, Flushing, Queens on October 31, 2022.

Latest Stories:

• Marx Development signs non-binding MOU to sell Flushing nursing home for $75M (January 10, 2025)

• Lender Bankwell takes back 16-unit Williamsburg project through $9.7M bankruptcy sale (November 29, 2024)

• Leopold Friedman signs $18M refi for nursing home in Spuyten Duyvil (October 28, 2024)

• Janusz Sendowski signs $28.7M refi for rentals in Mott Haven, Greenwich Village (August 30, 2023)

• $15.7M Williamsburg bankruptcy at stalled 16-unit conversion (August 08, 2023)

• Marx Development Group signs $32M refi loan with Bankwell Bank for nursing home in Flushing (November 01, 2022)

• Leopold Friedman pays $18.4M to Eric Paneth for nursing home in University Heights (September 09, 2020)

• Leopold Friedman borrows $14.7M from Valley National Bank to buyer nursing home in University Heights (September 09, 2020)

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