Joyland Group
Owner
Partnership
84 14th street 4th Floor, Brooklyn, New York, 11215
People:
Joyland Group NYC portfolio
$438.1 million* – development 61.0%, industrial 21.0%; Brooklyn 92.0%, Queens 4.0%
379th largest portfolio by dollar value
104,459 sqft – O3 62%, condo 31%;
1857th largest by SF
8 properties – Brooklyn 62%, Queens 25%
997th largest
430 residential units – Brooklyn 93%, Queens 6%
480th largest by residential units
Notes
Joyland Group is a property ownership firm, and an affiliate of Joel Wetzberger’s Hamilton Eastman, a real estate holding company that owns Joyland Group, Joyland Managment and other companies.
Company Activity past 24 months:
Buyer company: 5 for $114.9 million
Seller company: 1 for $10.6 million
Borrower company: 7 for $354.5 million
Top Ten Associated Companies:
Slate Property Group (2), Mount Sinai (2), L3 Capital (1), Scale Lending (1), TPG Real Estate Partners (1), iCross Capital (1), Gary Zimberg (1), Orange Management (1), Lazar Muller (1), EcoRise Development (1)
Top Ten Associated People:
Vincent Tammaro (2), Domenic Lanni (1), Martin Davidson (1), Lily Guo (1), Gary Zimberg (1), Andrew Bradfield (1), Lazar Muller (1), Kevin Michael O’Sullivan (1), Meir D. Tabak (1), Anthony Yelovich (1)
Recent activity as company:
• Joyland Group borrowed $10.5 million from Kearny Bank for 106-04 Northern Boulevard and 106-04 Northern Boulevard, North Corona, Queens on March 10, 2025.
• Joyland Group sold 313 East 17th Street and 321 East 17th Street, Gramercy, Manhattan for $10.6 million to Watermark Capital Group on January 16, 2025.
• Joyland Group borrowed $27.5 million from G4 Capital Partners for 313-319 East 17th Street and 321 East 17th Street, Gramercy, Manhattan on January 06, 2025.
• Mount Sinai sold 321 East 17th Street, Gramercy, Manhattan for $6 million to Joyland Group on January 06, 2025.
• Mount Sinai sold 313-319 East 17th Street, Gramercy, Manhattan for $27.6 million to Joyland Group on January 06, 2025.
• Joyland Group, Tissa Management and Joel Wertzberger borrowed $53 million from S3 Capital for 133 Kent Avenue, Williamsburg, Brooklyn on December 04, 2024.
• L3 Capital sold 133 Kent Avenue, Williamsburg, Brooklyn for $45.3 million to Joyland Group, Tissa Management and Joel Wertzberger on December 04, 2024.
• Joyland Group and Loketch Group borrowed $150 million from TPG Real Estate Partners for 28 Boerum Street, Williamsburg, Brooklyn on July 31, 2024.
• Joyland Group borrowed $66 million from iCross Capital for 125 3rd Street, Gowanus, Brooklyn on March 05, 2024.
• Joyland Group borrowed $16 million from Maxim Capital Group for 125 3rd Street, Gowanus, Brooklyn on September 27, 2023.
Latest Stories:
• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)
• Joyland pays $45.3M to L3 Capital for Williamsburg dev site (December 05, 2024)
• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg (August 01, 2024)
• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)
• Joyland Group pays $30.5M to Orange Management for dev site in Gowanus (September 28, 2023)
• Joyland Group pays $5.5M for possible development site in Williamsburg (April 25, 2023)
Properties: