Damien Smith
Prosper Property Group
Owner
Prosper Property Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$27.2 million – office 87%, mixed-use 4%; Brooklyn 87%, Manhattan 8%
1391th largest portfolio by dollar value
116,810 sqft – office 89%, elevator 8%;
1717th largest by SF
4 properties – Manhattan 50%, Brooklyn 25%
153th largest
10 residential units – Queens 100%, Manhattan 0%
788th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $53.2 million
Seller signatory: 3 for $31.7 million
Borrower signatory: 1 for $31.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 3 for 42,648 square feet
Top Ten Associated Companies:
Valley National Bank (1), Fieldpoint Private Bank & Trust (1), Ali Mohamad (1), Park Slope Associates (1), EM Group (1), Virgil Chong (1), Meadow Partners (1), Argentic Investment Management (1), SMJ Development (1), Parkview Financial (1)
Top Ten Associated People:
Ann S. Wilhelm (1), Adam P. Ercoli (1), Joseph Rubin (1), Jonathan Somerstein (1), Edion Mecaj (1), Virgil Chong (1), Jeffrey Kaplan (1), Ryan Supple (1), Juan Barahona (1), Thomas L. Gazianis (1)
Recent activity as signatory:
• Prosper Property Groupand Zuccarello Zerillo & Companyand GRA Equities borrowed $31.2 million from Argentic Investment Management for 57 Willoughby Street, Downtown Brooklyn, Brooklyn on August 09, 2024.
• Meadow Partners sold 57 Willoughby Street, Downtown Brooklyn, Brooklyn for $48 million to Prosper Property Groupand Zuccarello Zerillo & Companyand GRA Equities on August 09, 2024.
• Damien Smith filed plans for major alteration for 25,016 sqft in Tribeca, Manhattan, on June 14, 2024.
• Virgil Chong sold 305-307 Church Street, Tribeca, Manhattan for $5.2 million to Prosper Property Group on February 07, 2024.
• Damien Smithand Jack Caliendo sold 11-06 Broadway, Astoria, Queens for $17 million to EM Group on February 06, 2024.
• Peter Zuccarelloand Damien Smithand Gandolfo DiFioreand Joseph Mazzolaand Gerald Caliendo sold 68-19 Woodhaven Boulevard, Rego Park, Queens for $12.5 million to SMJ Development on October 26, 2023.
• Damien Smith filed plans for major alteration for 11,173 sqft in Queens, on September 07, 2023.
• Damien Smith filed plans for major alteration for 6,460 sqft in Queens, on September 07, 2023.
• Kieran Treanorand Damien Smith sold 1172 Fulton Street, Bedford Stuyvesant, Brooklyn for $2.2 million to Park Slope Associates on June 09, 2023.
• Kieran Treanorand Damien Smith sold 14-35 Broadway, Astoria, Queens for $2.6 million to Ali Mohamad on November 29, 2022.
Latest Stories:
• Prosper Property Group pays $5.2M for mixed-use in Tribeca February 08, 2024
• EM Group pays $17M for large dev site in Astoria February 07, 2024
• SMJ Development pays $12.5M for 133-unit dev site in Rego Park October 27, 2023
• Park Slope Associates pays $2.2M for mixed-use in Bedford Stuyvesant June 12, 2023
• Meadow signs $59.4M refi with Fortress for office building in Downtown Brooklyn October 04, 2021
• Damien Smith signs $22M construction loan with Parkview Financial for LES project May 21, 2021
• Damien Smith pays $7M to Chryssanthi Ventouratos for property in Queens March 17, 2021
• Prosper Property Group pays $10.5M to Paul Stallings for LES development site July 14, 2020