Seth Schochet

(Schochet Seth)

Ceo

Olnick Organization

Owner

Partnership

135 East 57th St, 22nd Floor New York, NY 10022

Olnick Organization|Seth Schochet NYC portfolio

$865.3 million -elevator 72%, office 27%; Manhattan 81%, Bronx 18%*

263th largest portfolio by dollar value

3,107,851 sqft – elevator 90%, office 9%; Manhattan 72%, Bronx 27%

144th largest by SF

11 properties – Manhattan 90%, Bronx 9%

884th largest

2,479 residential units – Manhattan 77%, Bronx 22%

126th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $0

Developer (new building or major alteration): 74 for 334,025 square feet

Top Ten Associated Companies:

Kave Pourzanjani (1), Lone Star Funds (1), New York Community Bank (1)

Top Ten Associated People:

James C. Ricca (1)

Recent activity as signatory:

• Lone Star Funds on February 26, 2025 bought a loan with an original principal of $77 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 132 5 Avenue, when owned by Olnick Organization.

• The seller sold 169 Bayard Street for $3.5 million to Kave Pourzanjani on August 30, 2022.

• Olnick Organization borrowed $77 million from New York Community Bank for 132 5 Avenue on July 27, 2022.

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