David Jacobson

Owner

David Jacobson portfolio

$20.6 million* – walkup 57%, elevator 42%; Manhattan 100%, Bronx 0%

1711th largest portfolio by dollar value

56,944 sqft – walkup 62%, elevator 37%;

2678th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2298th largest

86 residential units – Manhattan 100%, Bronx 0%

1569th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $69.5 million

Top Ten Associated Companies:

Signature Bank (3), Nuveen Real Estate (1), Union Investment (1), Clarion Partners (1)

Top Ten Associated People:

Elizabeth Arato (2), Brian Wallick (1), Timothy Guy (1)

Recent activity as company:

Clarion Partners sold 636 Avenue Of The Amer, None, Manhattan for $32 million to New York Hotel Trades Council and Hotel Association of New York City Health Center on September 23, 2024.

Nuveen Real Estate and Union Investment sold 636 Avenue Of The Amer, None, Manhattan for $37.5 million to New York Hotel Trades Council and Hotel Association of New York City Health Center on September 23, 2024.

David Jacobson borrowed $11.4 million from Signature Bank for 181 Avenue C, East Village, Manhattan on May 10, 2021.

Michael Ricatto borrowed $11.4 million from Signature Bank for 346 East 13th Street, East Village, Manhattan on May 10, 2021.

David Jacobson borrowed $6.7 million from Signature Bank for 413 East 12th Street, East Village, Manhattan on May 10, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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