Nina Kubota

President & Ceo

NYC School Construction Authority

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NYC School Construction Authority NYC portfolio

$847.1 million -specialty 51%, condo 16%, development 13%; Manhattan 32%, Queens 32%, Bronx 27%*

276th largest portfolio by dollar value

1,184,167 sqft – specialty 60%, development 10%, office 10%; Manhattan 34%, Bronx 34%, Queens 22%

427th largest by SF

48 properties – Queens 33%, Brooklyn 25%, Bronx 22%

190th largest

2 residential units – Brooklyn 50%, Staten Island 50%

6974th largest by residential units

0 foreclosures, 0 bankruptcies, 92 other court cases.

Top Ten Associated Companies:

Roman Catholic Church (3), Acuity Capital Partners (1), Samar Hospitality (1), Metropolitan Property Services (1), Sisters of the Order of St. Dominic (1), Church Of Saint Joseph (1), Madison Realty Capital (1), Stawski Partners (1), Eastone Equities (1), Xuan Cheng (1)

Top Ten Associated People:

Elliot Newmann (1), Michael P. Kerrigan (1), Marlene Mindel (1), Rhona M. Bork (1), Davida Bork (1), Margaret McVetty (1), Anna Chen (1), David Speiser (1), Abraham Stawski (1), Xuan Cheng (1)

Recent activity as signatory:

Eastone Equities, Xuan Cheng, Wei Guo, YiHun Chen and Jianfei Chen sold 137-23 45 Avenue for $81.8 million to NYC School Construction Authority on February 07, 2024.

St. Nicholas Home sold None for $10.2 million to NYC School Construction Authority on January 31, 2024.

Madison Realty Capital sold 46-10 70th Street, Maspeth, Queens for $38 million to NYC School Construction Authority on May 01, 2023.

Stawski Partners sold 43-09 23 Street for $50 million to NYC School Construction Authority and NYC Department of Education on April 05, 2023.

• Sisters of the Order of St. Dominic and Roman Catholic Church sold St agnes academic high school for $36.9 million to NYC School Construction Authority on March 22, 2023.

Roman Catholic Church and Church Of Saint Joseph sold 1124 Bay Street for $5.8 million to NYC School Construction Authority on December 15, 2022.

Roman Catholic Church sold 3850 Review Place for $8.4 million to NYC School Construction Authority on August 16, 2022.

Acuity Capital Partners sold None for $32 million to NYC School Construction Authority on May 26, 2022.

• Samar Hospitality and Metropolitan Property Services sold 23-70 Waters Edge Drive for $11 million to NYC School Construction Authority on January 26, 2022.

Roman Catholic Church of St. Catherine of Alexandria sold 1084 40 Street for $14.7 million to NYC School Construction Authority on January 13, 2022.

Latest Stories:

• City pays $81.8M to Eastone Equities, partners, for school dev site in Flushing (February 12, 2024)

• City pays $10.2M to St. Nicholas Home for new high school location in Bay Ridge (February 05, 2024)

• City pays $38M to Madison Realty Capital for school condo in Maspeth (September 26, 2023)

• City pays $50M to Stawski Partners for new school location in LIC (April 11, 2023)

• NYC pays $36.9M for shuttered Catholic school in College Point (April 03, 2023)

• City files plans for 89K sf school in Bay Terrace, Queens (January 23, 2023)

• City pays $5.8M to Catholic Church for property in Staten Island for schools (January 23, 2023)

• City pays $8.4M to Roman Catholic Church for school dev site in Kingsbridge (August 26, 2022)

• City pays $32M to Acuity Capital Partners for two properties in Red Hook for school (June 16, 2022)

• NYC schools pay $11M for development site in Bay Terrace (February 09, 2022)

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