Michael Berfield

Bridges Development Group

Owner

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Bridges Development Group NYC portfolio

$149.9 million -retail 55%, specialty 44%; Brooklyn 49%, Manhattan 44%, Queens 6%*

1174th largest portfolio by dollar value

599,436 sqft – retail 63%, specialty 36%; Brooklyn 63%, Manhattan 36%

750th largest by SF

5 properties – Manhattan 40%, Brooklyn 40%, Queens 20%

1890th largest

Person Activity past 24 months:

Developer (new building or major alteration): 9 for 20,391 square feet

Top Ten Associated Companies:

Israel Discount Bank (1), Wells Fargo (1), Maria D. Cirillo (1), TD Bank (1), Susan Diiorio (1), Home Depot (1)

Top Ten Associated People:

Avi Liebermanb (1), Maria D. Cirillo (1), Barbara Becker (1), Susan Diiorio (1), Christine Diiorio (1), John Chescavage Sr. (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.

Properties:

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