4099980025

Acquired: May 13, 2022, $17.4 million

Debt: April 19, 2021, $10 million

Transactions:

• Company sold 147-07 94th Avenue, 147-25 94th Avenue, 147-25 94th Avenue, 147-25 94th Avenue, and 147-25 94th Avenue, Jamaica, Queens for $0 to company on October 26, 2022.

• Settlement Housing Fund sold 147-07 94th Avenue, Jamaica, Queens for $17.4 million to Goldman Sachs on May 13, 2022.

• Land & Sea Development borrowed $10 million from First Republic Bank for 147-07 94th Avenue, Jamaica, Queens on April 19, 2021.

• Rocco Ron Romeo sold 147-07 94th Avenue, Jamaica, Queens for $26.7 million to Phoenix Realty Group on January 06, 2020.

• Phoenix Realty Group borrowed $180.8 million from NYC Housing Development Corporation for 147-07 94th Avenue, Jamaica, Queens on January 06, 2020.

Development:

• Eytan Benyamin filed plans for alteration in Jamaica, Queens, on February 24, 2022.

• Eytan Benyamin filed plans for alteration in Jamaica, Queens, on June 25, 2020.

• Eytan Benyamin filed plans for alteration in Jamaica, Queens, on March 25, 2021.

• Eytan Benyamin filed plans for alteration in Jamaica, Queens, on June 18, 2018.

• Eytan Benyamin filed plans for alteration in Jamaica, Queens, on April 25, 2019.

Violations:

According to city public data, the properties have received four DOB violations in the last year.

Latest Stories:

• Phoenix Realty Group and Artimus receive NB construction permit for a 543-unit, residential building in Jamaica (July 17, 2020)

• Artimus and Phoenix Realty Group revise Jamaica ground lease at lower value for 543-unit project (January 07, 2020)

• Artimus, Phoenix Realty Group, borrow $181M from NYC Housing Development Corp. for new construction in Jamaica (January 07, 2020)

• Rocco Ron Romeo obtained financing of $5M from Valley National Land

 (August 14, 2019)