Michael Niamonitakis

(Michael B. Niamonitakis)

Meridian Properties

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Meridian Properties NYC portfolio

$727.6 million* – elevator 54%, walkup 44%; Brooklyn 99%

235th largest portfolio by dollar value

3,761,800 sqft – elevator 61%, walkup 38%;

73th largest by SF

113 properties – Brooklyn 100%

59th largest

3,937 residential units – Brooklyn 100%

41th largest by residential units

Person Activity past 24 months:

Buyer signatory: 5 for $22 million

Borrower signatory: 10 for $82.6 million

Top Ten Associated Companies:

Signature Bank (9), Berkadia Commercial Mortgage (5), Investors Bank (5), Jacob Landau (2), Richard A. Kaplin (2), Esquire Bank (2), Barberry Rose Management Company (2), Dime Community Bank (2), Chaim Mendel Landau (1), Jonathan Poole (1)

Top Ten Associated People:

Michael Riegler (4), Linda Kershaw (3), Richard A. Kaplin (3), Jacob Landau (2), Steven Dorritie (2), Lewis M. Barbanel (2), Chaim Mendel Landau (1), Debra Cooper (1), Nickolas Tsimis (1), Emma Robinson (1)

Recent activity as signatory:

• Meridian Properties borrowed $0 from Blackstone Group for 6823 Third Avenue, Bay Ridge, Brooklyn on December 02, 2024.

• Meridian Properties borrowed $17 million from Berkadia Commercial Mortgage for 222 East 17th Street and 200 East 17th Street, Flatbush, Brooklyn on April 30, 2025.

• Meridian Properties borrowed $20.5 million from Berkadia Commercial Mortgage for 152 Parkside Avenue, 148 Parkside Avenue, 5 St Pauls Place, 148 St Pauls Place, 130 St Pauls Place, and others, Flatbush, Brooklyn on July 01, 2024.

• Meridian Properties borrowed $2.8 million from Alma Bank for 255 Ocean Avenue, Prospect Lefferts Gardens, Brooklyn on April 01, 2025.

• Jonathan Poole and Debra Cooper sold 255 Ocean Avenue, Prospect Lefferts Gardens, Brooklyn for $4.2 million to Meridian Properties and Carol Tourloukis on April 01, 2025.

• Flagstar Bank sold 8010 5th Avenue, Bay Ridge, Brooklyn for $2.6 million to Meridian Properties on December 19, 2024.

• Osman Semen sold 7920 19th Avenue, Bensonhurst, Brooklyn for $6 million to Meridian Properties on August 23, 2024.

• Meridian Properties borrowed $6.2 million from Berkadia Commercial Mortgage for 392 St Johns Place, Prospect Heights, Brooklyn on December 22, 2023.

• Meridian Properties borrowed $7.7 million from Berkadia Commercial Mortgage for 1281 Union Street, Crown Heights, Brooklyn on December 22, 2023.

• Meridian Properties borrowed $7.4 million from Berkadia Commercial Mortgage for 395 St Johns Place, 391 St Johns Place, and 399 St Johns Place, Prospect Heights, Brooklyn on December 22, 2023.