David Katz
Owner
David Katz portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$84.6 million – hotel 74%, specialty 23%; Manhattan 74%, Brooklyn 25%
623th largest portfolio by dollar value
367,355 sqft – hotel 67%, specialty 28%;
766th largest by SF
3 properties – Brooklyn 66%, Manhattan 33%
154th largest
62 residential units – Manhattan 100%, Bronx 0%
736th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $6.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 16,278 square feet
Top Ten Associated Companies:
Rivky Brach (1), Apple Bank for Savings (1), Popular Bank (1), Cayuga Capital Management (1), Niman Rugova (1), Dime Community Bank (1)
Top Ten Associated People:
Rivky Brach (1), Cynthia Wang (1), Ryan O’Miller (1), Niman Rugova (1), Asaf Dror (1)
Recent activity as signatory:
• David Katz filed plans for major alteration for 13,869 sqft in Gowanus, Brooklyn, on January 11, 2024.
• MacArthur Holdings borrowed $6.3 million from Apple Bank for Savings for 258-260 West 44th Street and 262-268 West 44th Street, Hell’s Kitchen, Manhattan on March 13, 2023.
• David Katz filed plans for major alteration for 2,409 sqft in Midwood, Brooklyn, on March 01, 2023.
• Macarthur Holdings borrowed $7 million from Dime Community Bank for 233 Butler Street, Gowanus, Brooklyn on November 19, 2021.
• Mordechai Spira sold 756 Myrtle Avenue and 756 Myrtle Avenue, Bedford-Stuyvesant, Brooklyn for $49 million to Rivky Brach on November 09, 2021.
• David Katz filed plans for major alteration for 13,869 sqft in Gowanus, Brooklyn, on September 17, 2021.
• David Katz borrowed $26 million from Popular Bank for 135 Linden Boulevard, Flatbush, Brooklyn on August 16, 2021.
• David Katz sold 3405 Kossuth Avenue, Riverdale, Bronx for $5.2 million to Niman Rugova on July 26, 2021.
• Cayuga Capital Management sold 144 Greenpoint Avenue, Greenpoint, Brooklyn for $6.2 million to David Katz on July 22, 2021.
• Company sold 256 West 88th Street, the Upper West Side, Manhattan for $3.3 million to company on July 09, 2021.
Latest Stories:
• MacArthur Holdings signs $6.3M refi for two retail properties in Hell’s Kitchen March 14, 2023
• David Katz, Mordechai Spira sell MYNT rental in Bed Stuy for $49M November 09, 2021
• David Katz signs $26M initial loan with Popular Bank for nursing home in Flatbush August 17, 2021
• Niman Rugova pays $5.2M for 38-unit rental in Riverdale July 27, 2021
• Abraham Hoffman pays $40M for Flatbush nursing home July 13, 2021
• Hirshmark Capital buys $5M debt on Cayuga Capital’s Greenpoint development October 30, 2020
Litigation: