Starrett Companies

Starrett Companies portfolio

$1.1 billion – D4 99%, Q1 0%; Manhattan 99%, Bronx 0%

55th largest portfolio by dollar value

4,786,701 sqft – D4 100%, Q1 0%;

58th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

155th largest

8,018 residential units – Manhattan 100%, Bronx 0%

14th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 2 for $28.1 million

Borrower company: 0 for $0

Lender company: 0 for $0

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

Top Ten Associated Companies:

Extell Development (2), Signature Bank (1), Capital One (1), Jonathan Rose Companies (1), Lipa Zicherman (1), Sol Feder (1), Gary Segal (1), Settlement Housing Fund (1)

Top Ten Associated People:

Marc Kwestel (2), Lipa L. Zicherman (1), Jacqueline Tom (1)

Latest Stories:

• Settlement Housing Fund files plans for 172-unit building in Coney Island (August 16, 2024)

• Moshe Braver signs $17M loan with Hakimian Partners for dev site in Coney Island (July 10, 2024)

• Coney Island dev site flips for $46M, up from $44.6M five months ago (September 22, 2023)

• Settlement Housing Fund pays $5.5M to Starrett Companies for dev site in Coney Island (May 12, 2023)

• Lipa L. Zicherman entity pays $22.6M to Starrett Companies for 400K sf dev site in Coney Island (May 12, 2023)

• Extell Development pays $40M to Starrett for Two Bridges dev site, additional earnout expected (January 04, 2023)

• Jonathan Rose Companies pays $94M to Starrett Corp. for Tower West in the Upper West Side (March 20, 2020)

• Jonathan Rose Companies borrows $74M from Hunt Real Estate Capital for multifamily property in the Upper West Side (March 20, 2020)

• Starrett Companies borrows $30M from Capital One for multifamily property in Roosevelt Island (December 27, 2019)

Properties:

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