Matthew Stabel
Senior Vice President
M&T Bank
(Manufacturers and Traders Trust Company, M&T Realty Capital Corporation, M&T Real Estate Trust)
Owner
350 Park Ave New York, NY 10022
M&T Bank|Matthew Stabel NYC portfolio
$2.2 million -C3 100%; Brooklyn 100%*
7204th largest portfolio by dollar value
2,856 sqft – C3 100%; Brooklyn 100%
7931th largest by SF
4 residential units – Brooklyn 100%
6652th largest by residential units
3 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Lender signatory: 2 for $28 million
Top Ten Associated Companies:
HUBB NYC (1), Extell Development (1), Torkian Group (1)
Top Ten Associated People:
John P. McCarthy (1), Steve Dluzyn (1), Marc Kwestel (1), Hersel Torkian (1)
Recent activity as signatory:
• Extell Development borrowed $21 million from M&T Bank for 217 East 85 Street on January 08, 2026.
• Torkian Group borrowed $7 million from M&T Bank for 830 8 Avenue on January 06, 2026.
• Clipper Equity and Nalcorp borrowed $44 million from Valley National Bank for 81 East 124 Street on November 25, 2025.
• HUBB NYC borrowed $7.5 million from M&T Bank for 208 West 96 Street on December 21, 2023.
Latest Stories:
• Extell signs $21M refi with M&T Bank for three properties in Yorkville (January 15, 2026)
• Clipper Equity pays $50M to Durst Organization for dev site in East Harlem (December 02, 2025)
• Durst signs $87.5M refi with M&T Bank for dev site in East Harlem (September 15, 2021)
• Yorkville properties sell for $35.5M to anonymous buyer (January 22, 2021)