Meyer Chetrit

Principal

Chetrit Group

Owner, Developer

Chetrit Group NYC portfolio

$4 billion* – elevator 42.0%, office 17.0%; Manhattan 81.0%, Queens 11.0%

39th largest portfolio by dollar value

5,008,622 sqft – elevator 45.0%, office 25.0%;

56th largest by SF

93 properties – Manhattan 80%, Queens 12%

79th largest

2,339 residential units – Manhattan 76.0%, Queens 23.0%

98th largest by residential units

4 foreclosures, 0 bankruptcies, 44 other court cases.

Person Activity past 24 months:

Borrower signatory: 1 for $70.7 million

Developer (new building or major alteration): 3 for 161,567 square feet

Top Ten Associated Companies:

G4 Capital Partners (4), Bank of Montreal (2), Starwood Capital Group (1), Premier Equities (1), Mack Real Estate Group (1), Dime Community Bank (1), UBS Bank (1), Maxim Credit Group (1)

Top Ten Associated People:

Robyn Sorid (4), Leanne M. Lispi (1), Grace Y. Chiang (1), Michael S. Birajiclian (1), Adam Roman (1), Mark Mermel (1), Priyanka Garg (1)

Recent activity as signatory:

• Chetrit Group borrowed $70.7 million from G4 Capital Partners for 260 East 72nd Street, 252-254 East 72nd Street, 259 East 71st Street, and 257 East 71st Street, Lenox Hill, Manhattan on November 29, 2023.

• Chetrit Group and Stellar Management borrowed $365 million from Bank of Montreal for 792 Columbus Avenue, 788 Columbus Avenue, and 784 Columbus Avenue, Upper West Side, Manhattan on August 31, 2022.

• Chetrit Group borrowed $120.5 million from Mack Real Estate Group for 250 West 43rd Street, Times Square, Manhattan on August 29, 2022.

• Chetrit Group and Stellar Management borrowed $539.5 million from Bank of Montreal for 305-315 East 86th Street and 16O East 88th Street, Yorkville, Manhattan on May 27, 2022.

• Meyer Chetrit filed plans for new building for 306,454 sqft in Jamaica, Queens, on February 17, 2022.

• Chetrit Group borrowed $80 million from G4 Capital Partners for 1357 2nd Avenue, 252 East 72nd Street, 257 East 71st Street, 259 East 71st Street, 49-51 Chambers Street, and others, Lenox Hill, Manhattan on January 06, 2022.

• Chetrit Group sold 1231 3rd Avenue and 1231 3rd Avenue, Lenox Hill, Manhattan for $43.2 million to Premier Equities on January 06, 2022.

• Chetrit Group borrowed $65 million from G4 Capital Partners for 1357 2nd Avenue, 252 East 72nd Street, 257 East 71st Street, 259 East 71st Street, 1231 3rd Avenue, and others, Lenox Hill, Manhattan on January 06, 2022.

• Chetrit Group borrowed $225 million from Starwood Capital Group for N/A 88th Avenue, 152-13 88th Avenue, and 152-09 88th Avenue, Queens, Queens on July 09, 2021.

• Chetrit Group borrowed $56 million from UBS Bank for 57-18 Flushing Avenue, N/A 59th Place, N/A 59th Place, and N/A 59th Place, Maspeth, Queens on March 29, 2021.