Lloyd Goldman
BLDG Management
417 Fifth Ave 4th floor New York, NY 10016
BLDG Management|BLDG Management|Feil Organization|David Werner Real Estate Investments|BLDG Management|Wharton Properties|ECR Realty Corp. NYC portfolio
$4.6 billion* – elevator 35.0%, condo 18.0%; Manhattan 72.0%, Queens 21.0%
33th largest portfolio by dollar value
6,624,555 sqft – elevator 48.0%, office 17.0%;
37th largest by SF
185 properties – Manhattan 57%, Queens 22%
33th largest
5,241 residential units – Manhattan 79.0%, Queens 18.0%
30th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $54.9 million
Seller signatory: 1 for $8.5 million
Borrower signatory: 7 for $619.2 million
Developer (new building or major alteration): 28 for 4,958 square feet
Top Ten Associated Companies:
M&T Bank (8), Provident Bank (3), Dime Community Bank (2), Lalezarian Properties (2), Wharton Properties (2), Cayuga Capital Management (2), Goldman Sachs (1), CTBC Bank (1), Onex Real Estate Partners (1), SkyView Companies (1)
Top Ten Associated People:
Louis Ciniglio (2), Kevin Lalezarian (2), Hunter Noah (2), Jeff Sutton (2), Anthony A. Filorimo (1), Yintung Chang (1), David Brickman (1), Leeanne Martz (1), Justin Besspiata (1), Aaron Green (1)
Recent activity as company:
• BLDG Management and Crown Acquisitions sold 300 Flatbush Avenue, 302 Flatbush Avenue, 296 Flatbush Avenue, and 298 Flatbush Avenue, Park Slope, Brooklyn for $8.5 million to Michael Pintchik on February 06, 2025.
• Cayuga Capital Management sold 97 North 10th Street and 79 North 10th Street, Williamsburg, Brooklyn for $26.9 million to BLDG Management on December 02, 2024.
• BLDG Management borrowed $26.6 million from M&T Bank for 97 North 10th Street and 91 Wythe Avenue, Williamsburg, Brooklyn on December 02, 2024.
• David Werner Real Estate Investments and BLDG Management borrowed $95 million from Northwind Group for 100 Wall Street, Financial District, Manhattan on July 29, 2024.
• BLDG Management and Feil Organization borrowed $33.6 million from MetLife for 424 Madison Avenue, Midtown East, Manhattan on November 30, 2023.
• BLDG Management borrowed $21.5 million from M&T Bank for 153-01 Jamaica Avenue, 153-11 Jamaica Avenue, 4025 Laconia Avenue, 3 East Mt Eden Avenue, 153-07 Jamaica Avenue, and others, Jamaica, Queens on October 27, 2023.
• BLDG Management borrowed $11.6 million from M&T Bank for 4951 Broadway, Inwood, Manhattan on August 02, 2023.
• BLDG Management borrowed $425 million from M&T Bank for 42-02 Orchard Street, Long Island City, Queens on June 30, 2023.
• BLDG Management borrowed $5.9 million from M&T Bank for 117 East 89th Street and 123 East 82nd Street, Carnegie Hill, Manhattan on June 08, 2023.
• Jeff Sutton and Wharton Properties sold N/A 18th Avenue, Bensonhurst, Brooklyn for $28 million to BLDG Management on May 11, 2023.
Latest Stories:
• Lender BLDG acquires office properties in Williamsburg from Cayuga for $26.9M (December 03, 2024)
• David Werner, BLDG Management pay $116M to Barings for office in FiDi (July 30, 2024)
• BLDG Management signs $21.5M refi loan with M&T Bank for 10 properties in NYC (October 30, 2023)
• Top NYC Construction Lenders 2023 through August: PincusCo (October 13, 2023)
• BLDG Management signs $11.6M refi Bank for retail in Inwood (August 03, 2023)
• BLDG Management signs $425M construction loan for 818-unit project in LIC (July 03, 2023)
• BLDG Management pays $28M to Jeff Sutton for retail in Bensonhurst (May 12, 2023)