Steven Mendel

RiverBrook Equities

Owner

RiverBrook Hospitality

LinkedIn

RiverBrook Equities NYC portfolio

$125.6 million* – elevator 51.0%, hotel 48.0%; Manhattan 51.0%, Queens 48.0%

1020th largest portfolio by dollar value

145,717 sqft – hotel 63%, elevator 36%;

1494th largest by SF

4 properties – Queens 75%, Manhattan 25%

1807th largest

44 residential units – Manhattan 97%, Queens 2%

2285th largest by residential units

Top Ten Associated Companies:

Berkshire Bank (1), Northwind Group (1), Shulem Herman (1), Paul Pollak (1)

Top Ten Associated People:

Jeanette Kahan (1), Shulem Herman (1), Paul Pollak (1)

Recent activity as company:

RiverBrook Equities borrowed $8.8 million from Berkshire Bank for 95-65 Tuckerton Street, Jamaica, Queens on May 26, 2022.

RiverBrook Equities sold 494 Lorimer Street, Williamsburg, Brooklyn for $3 million to Paul Pollak on October 20, 2021.

RiverBrook Equities sold 43-17 Rockaway Beach Blvd, Arverne, Queens for $25 million to Shulem Herman on September 08, 2021.

RiverBrook Equities borrowed $48.5 million from Northwind Group for 165 Lexington Avenue, Flatiron, Manhattan on August 23, 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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