Salvatore Lucchese

The L Group

Owner

18-33 41st Street Astoria, New York 11105

The L Group NYC portfolio

$66.5 million -elevator 51%, mixed-use 34%, industrial 14%; Queens 100%*

1895th largest portfolio by dollar value

210,837 sqft – elevator 65%, mixed-use 18%, industrial 16%; Queens 100%

1505th largest by SF

4 properties – Queens 100%

2262th largest

185 residential units – Queens 100%

1207th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $17 million

Developer (new building or major alteration): 16 for 39,453 square feet

Top Ten Associated Companies:

Ponce Bank (3), East West Bank (1), Popular Bank (1), Citibank (1), Keith Kurzner (1)

Top Ten Associated People:

Carlos P. Naudon (2), Steven A. Tsavaris (1), Chancellor H. Moy (1), Anna Gutteridge (1), Keith Kurzner (1)

Recent activity as signatory:

• Salvatore Lucchese filed plans for new building for 19,658 sqft in Ditmars Steinway, Queens, on July 25, 2025.

• The L Group borrowed $17 million from Ponce Bank for 26-50 Brooklyn Queens Expressway West on October 21, 2024.

• The L Group and Salvatore Lucchese borrowed $9 million from Citibank for 34-50 28 Street on March 26, 2024.

• Keith Kurzner sold 34-50 28 Street for $13.3 million to The L Group and Salvatore Lucchese on March 26, 2024.

• Salvatore Lucchese and Philip Loria borrowed $10.3 million from Ponce Bank for 26-50 Brooklyn Queens Expressway West on October 12, 2023.

• Salvatore Lucchese borrowed $6 million from Popular Bank for 30-15 33 Street on April 26, 2023.

• Philip Loria and Salvatore Lucchese borrowed $7 million from Ponce Bank for 18-41 41 Street on February 10, 2023.

• Sanford Petropoulos borrowed $6.1 million from East West Bank for 25-28 30 Drive on March 16, 2021.

Properties:

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