Vivek Baid
Vice President
Metropolitan Commercial Bank
Lender
Metropolitan Commercial Bank NYC portfolio
$13.2 million -mixed-use 100%; Brooklyn 100%*
4245th largest portfolio by dollar value
15,800 sqft – mixed-use 100%; Brooklyn 100%
5347th largest by SF
3 foreclosures, 1 bankruptcy, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 1 for $30 million
Top Ten Associated Companies:
Joel Landau (1), Barone Management (1), L3 Capital (1), Simone Development Companies (1), Horizon Group (1), GFI Capital Resources Group (1), Sky Management (1), Library Hotel Collection (1), Growing Up Green Charter School (1), Jinsup An (1)
Top Ten Associated People:
John Silviano (2), Joel Landau (1), Domenic Lanni (1), Joseph Simone (1), David Marom (1), Allen Gross (1), Gary J. Strauss (1), Imrich Henry Kallan (1), Matthew Greenberg (1), Jinsup An (1)
Recent activity as signatory:
• Library Hotel Collection borrowed $30 million from Metropolitan Commercial Bank for 101 East 26 Street on January 21, 2025.
• Jin Sup An borrowed $8.7 million from NewBank for 449 West 36 Street on January 17, 2024.
• Horizon Group borrowed $17 million from Metropolitan Commercial Bank for 80 Riverside Drive on September 22, 2023.
• Growing Up Green Charter School borrowed $38 million from Metropolitan Commercial Bank for 89-25 161 Street on August 12, 2022.
• Simone Development Companies borrowed $23.5 million from Metropolitan Commercial Bank for 459 East 149th Street, 459 East 149th Street, 459 East 149th Street, and 459 East 149th Street, Mott Haven, Bronx on June 16, 2022.
• Sky Management borrowed $8 million from Metropolitan Commercial Bank for 240 Sullivan Street on June 01, 2022.
• GFI Capital Resources Group borrowed $17.1 million from Metropolitan Commercial Bank for 144 North 8th Street and 144 North 8th Street, Williamsburg, Brooklyn on May 19, 2022.
• Atkins & Breskin borrowed $10 million from New York Community Bank for 240 Butler Street and 242 Butler Street, Gowanus, Brooklyn on April 21, 2022.
• David Gomez borrowed $5.7 million from Webster Bank for 70 Middagh Street on April 06, 2022.
• Joel Landau borrowed $26.5 million from Metropolitan Commercial Bank for 616 Dekalb Avenue on March 31, 2022.
Latest Stories:
• Library Hotel Collection signs $30M refi for hotel in NoMad (January 23, 2025)
• Maheshchand Ratanji pays $14M to SMA Group NYC for hotel in Hudson Yards (January 15, 2025)
• Barone Management puts LIC office building listed for $31.5M in bankruptcy (November 15, 2024)
• RYCO Capital signs $78.7M refi for nine properties in Manhattan (March 21, 2024)
• Sky Management pays $17M to Time Equities for 23-unit walkup in Greenwich Village (June 22, 2022)
• L3 Capital pays $20M to ASB Capital for retail in Williamsburg (March 10, 2022)
