Nicholas Nouvel
Senior Vice President
Cathay Bank
Cathay Bank NYC portfolio
$11.9 million -office 73%, condo 26%; Manhattan 73%, Queens 26%*
4446th largest portfolio by dollar value
22,482 sqft – office 73%, condo 26%; Manhattan 73%, Queens 26%
4762th largest by SF
2 properties – Queens 75%, Manhattan 25%
4251th largest
9 foreclosures, 2 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 2 for $31.1 million
Top Ten Associated Companies:
Richard Kilstock (1), Lina C. Fang (1), Hudson Companies (1), BedRock Real Estate Partners (1), Regal Acquisitions (1), Regal Ventures (1), Bruce Ratner Family (1)
Top Ten Associated People:
Richard Kilstock (1), Lina C. Fang (1), Tracey Appelbaum (1), Alexander Smith (1), Aryeh Baraban (1)
Recent activity as signatory:
• Penn South Capital and Robert Rahmanian borrowed $6.8 million from Goldman Sachs for 110 South 2 Street on December 19, 2025.
• Bruce Ratner Family borrowed $10.1 million from Cathay Bank for 74 North 4 Street on May 01, 2025.
• Hudson Companies and BedRock Real Estate Partners borrowed $21 million from Cathay Bank for 36 Caton Place on November 25, 2024.
• Richard Kilstock borrowed $27 million from Cathay Bank for 53 Broadway and 53 Broadway, Williamsburg, Brooklyn on February 02, 2024.
• Lina C. Fang borrowed $10 million from Cathay Bank for 395 Flatbush Avenue on May 24, 2023.
• Regal Acquisitions and Regal Ventures borrowed $23 million from Cathay Bank for 301 West 53rd Street and 301 West 53rd Street, Hell’s Kitchen, Manhattan on September 23, 2022.
