Philip Loria

The L Group

Owner

18-33 41st Street Astoria, New York 11105

Loria & Associates

LinkedIn

The L Group NYC portfolio

$35.9 million* – mixed-use 63%, elevator 36%; Queens 100%, Manhattan 0%

2230th largest portfolio by dollar value

89,930 sqft – elevator 57%, mixed-use 42%;

2063th largest by SF

2 properties – Queens 100%, Manhattan 0%

3175th largest

72 residential units – Queens 100%, Manhattan 0%

1743th largest by residential units

Other Links:

http://lorialaw.com/www.lorialaw.com/index.html

Person Activity past 24 months:

Borrower signatory: 2 for $17.3 million

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 company:

Salvatore Lucchese and Philip Loria borrowed $10.3 million from Ponce Bank for 26-50 Borough Place, Woodside, Queens on October 23, 2023.

Philip Loria and Salvatore Lucchese borrowed $7 million from Ponce Bank for 18-39 41st Street, Ditmars Steinway, Queens on February 16, 2023.

Philip Loria borrowed $12 million from Starwood Capital Group for 25-22 30th Drive, Astoria, Queens on June 17, 2021.

Sanford Petropoulos borrowed $6.1 million from East West Bank for 25-28 30th Drive, Astoria, Queens on April 20, 2021.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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