Michael Berfield
Bridges Development Group
Owner
Bridges Development Group NYC portfolio
$121 million -retail 69%, specialty 30%; Brooklyn 60%, Manhattan 30%, Queens 8%*
1333th largest portfolio by dollar value
522,405 sqft – retail 72%, specialty 27%; Brooklyn 72%, Manhattan 27%
801th largest by SF
4 properties – Brooklyn 50%, Manhattan 25%, Queens 25%
2212th largest
Person Activity past 24 months:
Developer (new building or major alteration): 10 for 20,391 square feet
Top Ten Associated Companies:
Wells Fargo (1), Maria D. Cirillo (1), TD Bank (1), Susan Diiorio (1), Home Depot (1), Israel Discount Bank (1)
Top Ten Associated People:
Maria D. Cirillo (1), Barbara Becker (1), Susan Diiorio (1), Christine Diiorio (1), John Chescavage Sr. (1), Avi Liebermanb (1)
Recent activity as signatory:
• Michael Berfield borrowed $7.5 million from TD Bank for 59-11 Maurice Avenue on April 28, 2023.
• Bridges Development Group sold 59-21 Maurice Avenue for $6.5 million to Home Depot on April 27, 2023.
• Bridges Development Group borrowed $68.1 million from Wells Fargo for 8959 Bay Parkway on December 16, 2021.
• Maria D. Cirillo sold 8959 Bay Parkway for $11.1 million to Bridges Development Group on December 16, 2021.
• Bridges Development Group borrowed $36 million from Israel Discount Bank for 5218 Kings Highway on December 09, 2021.
• Susan Diiorio sold 8959 Bay Parkway for $14 million to Bridges Development Group on July 08, 2021.
Latest Stories:
• Home Depot pays $6.5M to Bridges Development for retail in Maspeth (May 08, 2023)
• Bridges Development pays $10M to Home Depot for dev site in Maspeth (October 09, 2020)