Akiva Kurland

(Akiva J. Kurland)

Ceo

Yellow Jacket Ventures

Owner

Yellow Jacket Ventures portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$5.3 million – walkup 83%, development 16%; Bronx 51%, Brooklyn 48%

3642th largest portfolio by dollar value

48,490 sqft – walkup 85%, development 14%;

2875th largest by SF

4 properties – Bronx 50%, Brooklyn 50%

153th largest

108 residential units – Bronx 65%, Brooklyn 34%

690th largest by residential units

2 foreclosures, 1 bankruptcy, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 3 for $7.8 million

Seller signatory: 0 for $0

Borrower signatory: 1 for $16 million

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Northeast Community Bank (1), Eloi Francis estate (1), Aulder Capital (1), Amalgamated Bank (1), Brenda Elishis (1), Citibank (1)

Top Ten Associated People:

Susan Sykes (1), Lewis I. Knopf (1), Robert Johnson (1), Jacob Nimmer (1), Brenda Elishis (1)

Recent activity as signatory:

• Brenda Elishis sold 540 Ocean Avenue, Flatbush, Brooklyn for $4.2 million to Akiva Kurland on November 20, 2024.

• Yellow Jacket Ventures borrowed $16 million from Amalgamated Bank for 19-21 Mount Hope Place, Mt Hope, Bronx on January 12, 2024.

• Aulder Capital sold 390 East 21st Street, Flatbush, Brooklyn for $1.4 million to Yellow Jacket Ventures on August 28, 2023.

• Eloi Francis estate sold 2102 Newkirk Avenue, Flatbush, Brooklyn for $2.2 million to Yellow Jacket Ventures on April 19, 2023.

• Yellow Jacket Ventures borrowed $12.2 million from Northeast Community Bank for 21 Mount Hope Place, Mt Hope, Bronx on March 29, 2022.

• Yellow Jacket Ventures borrowed $5.5 million from Citibank for 494 Jackson Avenue, Mott Haven, Bronx on September 28, 2021.