Marc Jacobowitz
Owner
Marc Jacobowitz portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$842,000 – mixed-use 100%; Brooklyn 100%, Manhattan 0%
6455th largest portfolio by dollar value
4,000 sqft – mixed-use 100%;
6561th largest by SF
3 residential units – Brooklyn 100%, Manhattan 0%
795th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $17.5 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $12.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Cross River Bank (3), BEB Capital (1), Abby Modell (1), Bank of Princeton (1), R&B Realty Group (1), Standard Insurance Company (1), Sentinel Real Estate (1)
Top Ten Associated People:
Abby Modell (1), Allan J. Weiss (1), Aron Rosenberg (1), Michael Morey (1), Tanya Bryan (1), Brian Ritter (1)
Recent activity as signatory:
• Bluejay Management borrowed $5.6 million from Cross River Bank for 80 Clarkson Avenue, Flatbush, Brooklyn on January 30, 2024.
• Sentinel Real Estate sold 80 Clarkson Avenue, Flatbush, Brooklyn for $7.8 million to Bluejay Management on January 30, 2024.
• Bluejay Managementand Yerachmeal Jacobsonand David Spiegeland Noah Spiegel borrowed $6.5 million from Standard Insurance Company for 22 West 23rd Street, Flatiron District, Manhattan on September 28, 2023.
• R&B Realty Group sold 22 West 23rd Street, Flatiron District, Manhattan for $9.7 million to Bluejay Managementand Yerachmeal Jacobsonand David Spiegeland Noah Spiegel on September 28, 2023.
• Bluejay Management borrowed $19.6 million from Popular Bank for 1233 Eastern Parkway, Crown Heights, Brooklyn on November 15, 2022.
• Bluejay Management sold 1704 Ocean Avenue, Midwood, Brooklyn for $37.1 million to BEB Capitaland Abby Modell on April 13, 2022.
• Bluejay Management borrowed $17.3 million from Bank of Princeton for 45 Lenox Road, Flatbush, Brooklyn on March 25, 2022.
• Marc Jacobowitzand Yerachmeal Jacobson borrowed $27.5 million from Cross River Bank for 1704 Ocean Avenue, Midwood, Brooklyn on December 22, 2021.
• Bluejay Management borrowed $39 million from Cross River Bank for 50 Clarkson Avenue, Flatbush, Brooklyn on August 27, 2021.
• Marc Jacobowitz filed plans for new building for 32,956 sqft in Flatbush, Brooklyn, on March 30, 2020.
Latest Stories:
• Bluejay Management pays $7.8M to Sentinel for 83-unit rental in Flatbush January 31, 2024
• Bernard Katz pays $8.1M to Thomas M. Graham for industrial in Middle Village August 30, 2021
• Yerachmeal Jacobson borrows $24M from Popular Bank for property in Midwood September 19, 2019