Timothy Quinlan

Quinlan Development Group

Quinlan Development Group portfolio

$95.6 million* – elevator 47%, office 42%; Brooklyn 92%, Manhattan 7%

580th largest portfolio by dollar value

400,715 sqft – office 57%, elevator 33%;

732th largest by SF

6 properties – Brooklyn 83%, Manhattan 16%

1295th largest

473 residential units – Brooklyn 96%, Manhattan 3%

447th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Seller signatory: 3 for $19.7 million

Borrower signatory: 2 for $193.5 million

Developer (new building or major alteration): 2.0 for 0 square feet

Top Ten Associated People:

Susan Rattner (2), J. Dean Amro (2), William R. Lindsay (1), Juan Vives (1), Paul Stern (1), Yawei Sun (1)

Recent activity as company:

Quinlan Development Group sold 180 Avenue Of The Americas, SoHo, Manhattan for $7.3 million to CRE8 Equities on December 10, 2024.

Quinlan Development Group borrowed $56 million from QuadReal Property Group for 230 Classon Avenue, Clinton Hill, Brooklyn on July 02, 2024.

Quinlan Development Group sold 25 West Houston Street and 25 West Houston Street, SoHo, Manhattan for $8.8 million to Brodsky Organization on March 29, 2024.

Quinlan Development Group sold 456 West 19th Street and 456 West 19th Street, Chelsea, Manhattan for $3.6 million to Brodsky Organization on March 29, 2024.

Quinlan Development Group borrowed $137.5 million from PCCP for 37-53 Flatbush Avenue, Fort Greene, Brooklyn on May 30, 2023.

Quinlan Development Group borrowed $88.5 million from First-Citizens Bank & Trust Company for 380 4th Avenue, Gowanus, Brooklyn on October 18, 2022.

Susan Rattner sold 376 4th Avenue, Gowanus, Brooklyn for $24 million to Quinlan Development Group on October 18, 2022.

Susan Rattner sold 376 4th Avenue, Gowanus, Brooklyn for $0 to Quinlan Development Group on July 19, 2021.

Quinlan Development Group borrowed $35.7 million from CIT Bank for 230 Classon Avenue, Clinton Hill, Brooklyn on May 20, 2021.

Latest Stories:

• CRE8 Equities pays $7.3M to Quinlan Development for retail in SoHo (December 11, 2024)

• Quinlan Development signs $56M refi for newly built 140-unit rental in Clinton Hill (July 03, 2024)

• Daniel Brodsky lends Brodsky Organization $14.05M to buy retail in Chelsea, SoHo (April 03, 2024)

• Brodsky Org. pays $12.4M to Quinlan Dev. for retail in SoHo, Chelsea (April 01, 2024)

• Quinlan Development Group signs $137.5M refi loan with PCCP for office in Fort Greene (May 31, 2023)

• Quinlan pays $24M for Gowanus dev site, gets $88.5M construction loan for 197-unit project (October 19, 2022)

• Quinlan Development in contract to buy industrial in Gowanus (July 20, 2021)

• Quinlan Development signs $35.7M construction loan with CIT Bank for 142-unit project in Clinton Hill (May 21, 2021)

• Quinlan Development Group borrows $10M from Sterling National Bank for property in Soho (October 18, 2019)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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