Louis Greco
(Louis V. Greco Jr., Louis Greco Jr.)
Second Development Services
Developer, Owner
Second Development Services NYC portfolio
$67.2 million -condo 67%, specialty 32%; Brooklyn 99%*
1885th largest portfolio by dollar value
89,142 sqft – condo 100%; Brooklyn 100%
2545th largest by SF
3 properties – Brooklyn 100%
2786th largest
51 residential units – Brooklyn 100%
2608th largest by residential units
7 foreclosures, 3 bankruptcies, 6 other court cases.
Top Ten Associated Companies:
Fort Amsterdam Capital (1), Self-Help Credit Union (1), Silver Point Capital (1), Jay Schippers (1)
Top Ten Associated People:
Michael A. Gatto (1), Louis V. Greco Jr. (1)
Recent activity as signatory:
• Louis Greco filed plans for major alteration for 63,450 sqft in Brooklyn, on May 05, 2023.
• Second Development Services borrowed $40 million from Silver Point Capital for 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, 475 Washington Avenue, and others, Clinton Hill, Brooklyn on January 20, 2022.
• Barry Leon borrowed $39.9 million from Fort Amsterdam Capital for None on January 15, 2021.
• Louis V. Greco Jr. borrowed $16.6 million from Self-Help Credit Union for 160 17 Street on December 21, 2020.
• Louis V. Greco Jr. sold 160 17 Street for $6.7 million to Jay Schippers on July 09, 2020.
• Louis Greco Jr. filed plans for new building for 33,252 sqft in Greenwood Heights, Brooklyn, on October 19, 2017.
• Louis Greco filed plans for new building for 14,219 sqft in Columbia Waterfront, Brooklyn, on October 06, 2014.
• Louis Greco Jr. filed plans for new building for 92,553 sqft in Boerum Hill, Brooklyn, on September 23, 2014.
Latest Stories:
• Louis Greco Jr. puts $25M Columbia Street condo in bankruptcy (November 14, 2023)
• Jay Schippers pays $6.7M for manufacturing property in Sunset Park (July 15, 2020)
• SDS COLCON OWNER LLC obtained financing of $7M from G4 18186, LLC (July 15, 2019)
Court Records: