Michael Grey
Piermont Properties
Owner
Piermont Properties NYC portfolio
$177.8 million -condo 32%, development 21%; Queens 99%*
1043th largest portfolio by dollar value
180,249 sqft – condo 100%; Queens 100%
1671th largest by SF
3 properties – Queens 100%
2705th largest
232 residential units – Queens 100%
1041th largest by residential units
Person Activity past 24 months:
Developer (new building or major alteration): 11 for 0 square feet
Top Ten Associated Companies:
Annaly Capital Management (2), NLY 2019-FL2 ISSUER LTD. (1), Bank OZK (1), Brian Davis (1)
Top Ten Associated People:
Christopher Cummings (1), Brian Davis (1)
Recent activity as signatory:
• Piermont Properties borrowed $29.2 million from Brian Davis for 188-15 Hillside Avenue on May 22, 2023.
• Piermont Properties borrowed $54.3 million from Annaly Capital Management and NLY 2019-FL2 ISSUER LTD. for 178-02 Hillside Avenue, 178-02 Hillside Avenue, 178-02 Hillside Avenue, 178-02 Hillside Avenue, and 178-02 Hillside Avenue, Jamaica, Queens on February 09, 2023.
• Michael Grey filed plans for new building for 39,536 sqft in Jamaica Estates, Queens, on June 04, 2020.
• Piermont Properties borrowed $29.2 million from Bank OZK for 188-15 Hillside Avenue on May 20, 2020.
• Piermont Properties borrowed $61 million from Annaly Capital Management for None on December 23, 2019.
• Michael Grey filed plans for new building for 72,308 sqft in Holliswood, Queens, on July 05, 2019.
• Michael Grey filed plans for new building for 109,086 sqft in Jamaica, Queens, on June 05, 2015.