Philip Loria
The L Group
Owner
18-33 41st Street Astoria, New York 11105
Loria & Associates
The L Group NYC portfolio
$61.2 million -elevator 47%, mixed-use 36%, industrial 15%; Queens 100%*
2008th largest portfolio by dollar value
135,711 sqft – elevator 46%, mixed-use 28%, industrial 25%; Queens 100%
1975th largest by SF
4 properties – Queens 100%
2279th largest
103 residential units – Queens 100%
1783th largest by residential units
Top Ten Associated Companies:
Ponce Bank (2), Starwood Capital Group (1), East West Bank (1)
Top Ten Associated People:
Carlos P. Naudon (1), Steven A. Tsavaris (1)
Recent activity as signatory:
• Salvatore Lucchese and Philip Loria borrowed $10.3 million from Ponce Bank for 26-50 Brooklyn Queens Expressway West on October 12, 2023.
• Philip Loria and Salvatore Lucchese borrowed $7 million from Ponce Bank for 18-41 41 Street on February 10, 2023.
• Philip Loria borrowed $12 million from Starwood Capital Group for 25-22 30 Drive on April 01, 2021.
• Sanford Petropoulos borrowed $6.1 million from East West Bank for 25-28 30 Drive on March 16, 2021.
Latest Stories:
• The L Group signs $17M refi with Ponce Bank for mixed-use in Woodside (November 15, 2024)
• Sal Lucchese fully permitted for 18-unit residential building in Astoria (October 23, 2020)