Platinum Development Corp.

Platinum Development Corp. appears in 26 NYC deed transactions across 11 buildings. Dates, counterparties, and addresses from public records.

What the record shows

Round trips Platinum Development Corp. appears on both sides of seven buildings — bought, then sold. The shortest hold was 3270 Lafayette Avenue at 5 months. Where both prices were recorded, the resale came in higher by $325,500.

Bundled closings two buildings changed hands on a single day, 2004-10-14. Same-day multi-building transfers are portfolio deals rather than individual sales, and the buildings in them usually keep sharing an owner afterwards.

Repeat counterparty CRAWFORD, JAMES is on the other side of two of these transfers. A name that recurs across deeds is usually an affiliate, a lender, or the same principal filing under a second entity — it is not by itself evidence of either.

Transfers without a price four of the 26 recorded transfers carry no sale price. Zero-consideration deeds are routine for restructurings, family transfers, and moves between affiliated entities — they mean the parties changed, not necessarily that the building was sold.

Activity window Recorded activity for Platinum Development Corp. runs from 2003 to 2006. Nothing has been recorded in the 20 years since — the entity may still hold the buildings, or a later transfer may sit under a different name.

Spread across boroughs The buildings span two boroughs, led by Brooklyn with ten. Buying across boroughs points at an investor rather than a neighbourhood operator.

Buildings on record:

• 60 Hull Street
• 38 Troy Avenue
• 2265a Pacific Street
• 13 Palmetto Street
• 210 Thomas S Boyland St
• 1373 Hancock Street
• 3270 Lafayette Avenue
• 563 Halsey Street
• 259 Amboy Street
• 539 Hart St
• 557 Hart Street

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