Jacob Sacks
(Jacob J. Sacks)
Cayuga Capital Management
Owner
Cayuga Capital Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$40 million – walkup 52.0%, D7 30.0%; Brooklyn 96.0%, Queens 3.0%
1080th largest portfolio by dollar value
206,872 sqft – walkup 50.0%, D7 30.0%;
1154th largest by SF
27 properties – Brooklyn 92%, Queens 7%
130th largest
215 residential units – Brooklyn 94.0%, Queens 5.0%
585th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $43.3 million
Borrower signatory: 1 for $8.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Double U Realty (1), EPR Properties (1), Dime Community Bank (1)
Top Ten Associated People:
Michael Weitzman (1), Gregory E. Zimmerman (1), Louis Ciniglio (1)
Recent activity as signatory:
• Cayuga Capital Management borrowed $8.2 million from Dime Community Bank for 291 Wyckoff Avenue, 293 Wyckoff Avenue, 287 Wyckoff Avenue, and 295 Wyckoff Avenue, Bushwick, Brooklyn on March 29, 2024.
• Cayuga Capital Management sold 1 Nassau Avenue, Williamsburg, Brooklyn for $43.3 million to EPR Properties on March 16, 2023.
• Cayuga Capital Management sold 87 Wythe Avenue, Williamsburg, Brooklyn for $20 million to Double U Realty on July 08, 2022.
Latest Stories:
• Double U files plans for 89K sf sports center in Williamsburg August 12, 2024
• Cayuga Capital makes additional $24.8M payment at new development in Williamsburg March 09, 2023
• Double U Realty pays $20M to Cayuga Capital for mixed-use in Williamsburg July 11, 2022