Phillip Owens
Carmel Partners
Developer, Owner
Carmel Partners NYC portfolio
$1.2 billion* – development 82.0%, mixed-use 17.0%; Queens 55.0%, Brooklyn 26.0%
148th largest portfolio by dollar value
14,029 sqft – mixed-use 56.0%, office 22.0%;
4855th largest by SF
9 properties – Manhattan 44%, Brooklyn 33%
931th largest
1,680 residential units – Queens 55.0%, Brooklyn 35.0%
141th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $185.7 million
Top Ten Associated Companies:
PCCP (1), Northwestern Mutual Life Insurance (1)
Top Ten Associated People:
William R. Lindsay (1)
Recent activity as signatory:
• Carmel Partners borrowed $153 million from Northwestern Mutual Life Insurance for 1487 1st Avenue, Lenox Hill, Manhattan on September 19, 2023.
• Carmel Partners borrowed $32.7 million from PCCP for 225 East 63rd Street, Lenox Hill, Manhattan on July 13, 2023.
Latest Stories:
• AYA pays $45M to Carmel for 151-unit rental in Lenox Hill (December 20, 2024)
• Carmel Partners pays $73.5M to Chou family for corner dev site in Lenox Hill (January 21, 2022)