Matthew Golden

Carmel Partners

Developer, Owner

Carmel Partners NYC portfolio

$1.2 billion* – development 82%, mixed-use 17%; Queens 55%, Brooklyn 26%, Manhattan 18%

154th largest portfolio by dollar value

14,029 sqft – mixed-use 56%, office 22%, walkup 21%;

4885th largest by SF

9 properties – Manhattan 44%, Brooklyn 33%, Queens 22%

835th largest

1,660 residential units – Queens 56%, Brooklyn 34%, Manhattan 9%

148th largest by residential units

Person Activity past 24 months:

Seller signatory: 1 for $45 million

Top Ten Associated Companies:

AYA Acquisitions (1), Stockbridge Capital Group (1), Stonehenge NYC (1), Rita Chou (1), Stawski Partners (1), Pontegadea (1)

Top Ten Associated People:

Amir Shriki (1), Mark Carlson (1), Regina Chou (1), Rita Chou (1), Rachel Chou (1), Axel (Abraham) Stawski (1), Patricia Alonso Gonzalez (1)

Recent activity as signatory:

Carmel Partners sold 225 East 63rd Street, Lenox Hill, Manhattan for $45 million to AYA Acquisitions on November 26, 2024.

Carmel Partners sold 19 Dutch Street, Financial District, Manhattan for $487.5 million to Pontegadea on September 23, 2022.

Stawski Partners sold 23-15 44th Road and 43-16 24th Street, Long Island City, Queens for $176 million to Carmel Partners on March 16, 2022.

Carmel Partners sold 354 East 91st Street, Yorkville, Manhattan for $128.2 million to Stockbridge Capital Group and Stonehenge NYC on February 01, 2022.

Rita Chou sold 1487 1st Avenue, 1493 1st Avenue, 1489 1st Avenue, and 1491 1st Avenue, Lenox Hill, Manhattan for $73.5 million to Carmel Partners on January 06, 2022.

Latest Stories:

• AYA pays $45M to Carmel for 151-unit rental in Lenox Hill (December 20, 2024)

• Carmel Partners signs $153M construction loan with Northwestern Mutual for 94-unit project in Lenox Hill (September 20, 2023)

• Pontegadea pays $487.5M to Carmel Partners for 483-unit rental in FiDi, assumes $272M loan (September 30, 2022)

• Carmel Partners signs $500M construction loan with Wells Fargo for 923-unit development in Long Island City (September 15, 2022)

• Stockbridge Capital, Stonehenge sign $73.4M refi for newly acquired rental in Yorkville (May 02, 2022)

• Carmel Partners pays $176M to Stawski Partners for LIC dev site (March 25, 2022)

• Stockbridge Capital, Stonehenge pay $128.2M to Carmel Partners for 163-unit elevator building in Yorkville (February 08, 2022)

• Carmel Partners pays $73.5M to Chou family for corner dev site in Lenox Hill (January 21, 2022)

• Chou family borrows $7M from Investors Bank to refi mixed-use property in Lenox Hill (April 16, 2020)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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