Charles Blaichman
CB Developers
CBSK Ironstate
CB Developers|CBSK Ironstate portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$190.7 million – condo 72%, elevator 11%; Manhattan 84%, Brooklyn 15%
305th largest portfolio by dollar value
573,287 sqft – condo 75%, elevator 10%;
534th largest by SF
14 properties – Manhattan 64%, Brooklyn 35%
143th largest
350 residential units – Manhattan 100%, Bronx 0%
469th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $59.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank of America (1), Webster Bank (1), Citibank (1), Bay Ridge Automotive Management (1), Sterling National Bank (1), Metropolitan Commercial Bank (1)
Top Ten Associated People:
Jessica Fritts (1), Paul Suk (1), John Iacono (1)
Recent activity as signatory:
• CB Developers borrowed $11.4 million from Webster Bank for 48 West 14th Street, Greenwich Village, Manhattan on March 15, 2024.
• CB Developers borrowed $48.3 million from Bank of America for 450 West 14th Street and 450 West 14th Street, Meatpacking District, Manhattan on December 21, 2023.
• CBSK Ironstate sold 547 West 47th Street, Hell’s Kitchen, Manhattan for $26 million to Bay Ridge Automotive Management on April 19, 2022.
• CB Developers borrowed $5.4 million from Metropolitan Commercial Bank for 247 Metropolitan Avenue, Williamsburg, Brooklyn on October 13, 2021.
• CB Developers borrowed $30.2 million from Citibank for 58 West 14th Street, 18 East 14th Street, 20 East 14th Street, and 17 East 13th Street, West Village, Manhattan on June 21, 2021.
• CB Developers borrowed $14 million from Sterling National Bank for 48 West 14th Street, West Village, Manhattan on April 08, 2020.
• Charles Blaichman filed plans for new building for 70,944 sqft in Williamsburg, Brooklyn, on January 15, 2014.
• Charles Blaichman filed plans for new building for 29,086 sqft in Williamsburg, Brooklyn, on October 24, 2013.
• Charles Blaichman filed plans for new building for 74,475 sqft in Murray Hill, Manhattan, on August 27, 2012.