Cheskel Schwimmer
Chess Builders
Owner
199 Lee Avenue, Pmb 103 Brooklyn, NY 11211
59 Montrose Ave #1A Brooklyn, NY 11206
Chess Builders portfolio
$14 million* – industrial 52%, office 47%; Brooklyn 52%, Manhattan 47%
2199th largest portfolio by dollar value
120,310 sqft – industrial 52%, office 47%;
1698th largest by SF
4 properties – Brooklyn 75%, Manhattan 25%
1896th largest
218 residential units – Brooklyn 100%, Manhattan 0%
835th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 3 for $69.9 million
Borrower signatory: 5 for $333.4 million
Developer (new building or major alteration): 29.0 for 519,532 square feet
Top Ten Associated Companies:
Valley National Bank (4), ConnectOne Bank (2), Parke Bank (2), Haven Capital (1), James Ife (1), Kearny Bank (1), Zoltan Rosenwasser (1), Extell Development (1), Bluestone Group (1), Princeton Real Estate Partners (1)
Top Ten Associated People:
Terence McArdle (1), Marc Gitto (1), James Ife (1), Jeffrey Puchin (1), Francis McCauley (1), Zoltan Rosenwasser (1), William Henrich (1), Carolyn Burgess (1), Behrouz Ben Hakimian (1), Joshua Crane (1)
Recent activity as company:
• Chess Builders borrowed $79 million from S3 Capital for 250 West 49th Street, Midtown West, Manhattan on January 22, 2025.
• Hakimian Organization sold 244 West 49th Street, Midtown West, Manhattan for $30 million to Chess Builders on January 17, 2025.
• Chess Builders borrowed $7.2 million from Parke Bank for 279 Mc Kibbin Street, East Williamsburg, Brooklyn on December 30, 2024.
• Chess Builders borrowed $7.2 million from Parke Bank for 55 North 9th Street, Williamsburg, Brooklyn on December 24, 2024.
• Cheskel Schwimmer filed plans for new building for 101,102 sqft in Yorkville, Manhattan, on November 21, 2024.
• Cheskel Schwimmer filed plans for new building for 96,970 sqft in Yorkville, Manhattan, on November 21, 2024.
• Cheskel Schwimmer filed plans for new building for 10,853 sqft in Williamsburg, Brooklyn, on November 06, 2024.
• Chess Builders borrowed $170 million from MF1 Capital for 218 Front Street, Vinegar Hill, Brooklyn on October 29, 2024.
• Cheskel Schwimmer filed plans for new building for 55,370 sqft in Hell’s Kitchen, Manhattan, on September 30, 2024.
• Cheskel Schwimmer filed plans for new building for 10,853 sqft in Williamsburg, Brooklyn, on September 13, 2024.
Latest Stories:
• Chess Builders pays $30M to Hakimian Org. for 135-unit dev site in Midtown West (January 20, 2025)
• Cheskel Schwimmer’s Chess Builders files plans for 132 units in Hell’s Kitchen (March 25, 2024)