Joel Teitelbaum
Owner
Joel Teitelbaum portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$5.6 million – industrial 40%, mixed-use 39%; Queens 39%, Bronx 33%
3563th largest portfolio by dollar value
46,664 sqft – industrial 70%, mixed-use 19%;
2929th largest by SF
4 properties – Brooklyn 50%, Bronx 25%
153th largest
12 residential units – Brooklyn 100%, Manhattan 0%
786th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $3 million
Seller signatory: 1 for $4.3 million
Borrower signatory: 3 for $70.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 6,011 square feet
Top Ten Associated Companies:
Carlyle Group (2), Greenbrook Partners (2), Steven D. Corsun (1), Broadview Capital (1), BridgeCity Capital (1), Tibor Katz (1), Amalgamated Bank (1)
Top Ten Associated People:
Carter Martin (2), Steven D. Corsun (1), Tibor Katz (1), Jacob Nimmer (1)
Recent activity as signatory:
• Joel Teitelbaumand Matt Katz borrowed $35 million from Amalgamated Bank for 26-04 Jackson Avenue, Long Island City, Queens on October 29, 2024.
• Joel Teitelbaum filed plans for major alteration for 6,011 sqft in Bedford Stuyvesant, Brooklyn, on October 15, 2024.
• Tibor Katz sold 208 Broadway, Williamsburg, Brooklyn for $3 million to Joel Teitelbaum on March 06, 2024.
• Watermark Capital Group borrowed $9.8 million from Broadview Capital for 295 Willoughby Avenue, Bedford Stuyvesant, Brooklyn on December 05, 2023.
• Joel Teitelbaumand Matt Katz borrowed $25.8 million from BridgeCity Capital for 26-04 Jackson Avenue, Long Island City, Queens on November 17, 2023.
• Joel Teitelbaumand Chaim Halberstam sold 1721 Putnam Avenue, Ridgewood, Queens for $4.3 million to Carlyle Groupand Greenbrook Partners on September 08, 2023.
• Steven D. Corsun sold 555 East 242nd St, Wakefield, Bronx for $4.1 million to Joel Teitelbaum on May 10, 2022.
• Yoel Weiss sold 605 Onderdonk Avenue, Ridgewood, Queens for $2.2 million to Carlyle Groupand Greenbrook Partners on March 09, 2022.
Latest Stories:
• Joel Teitelbaum, Matt Katz obtain $35M refi for new 82-unit rental in LIC October 30, 2024
• Joel Teitelbaum pays $3M for industrial in Williamsburg March 07, 2024
• Wolfe Landau’s Watermark Capital inks $12.25M contract for Bed-Stuy dev site August 15, 2023
• Townhouse Rental II, L.L.C. pays $2.2M for 4-unit walkup in Ridgewood March 10, 2022
• Cheskie Weisz signs 49-year ground lease in LIC September 17, 2020