Jamestown

Jamestown portfolio

$259 million* – office 67%, mixed-use 32%; Manhattan 100%, Bronx 0%

237th largest portfolio by dollar value

814,446 sqft – office 86%, mixed-use 13%;

406th largest by SF

2 properties – Manhattan 100%, Bronx 0%

2929th largest

0 foreclosures, 0 bankruptcies, 2 other court cases.

Top Ten Associated Companies:

JPMorgan Chase (1), SL Green Realty (1), DivcoWest (1), Amazon (1)

Top Ten Associated People:

Simon B. Bruce (1), Kenneth Wong (1)

Recent activity as company:

Jamestown borrowed $290 million from JPMorgan Chase for 1475 Broadway, Times Square, Manhattan on April 12, 2022.

Jamestown sold 323 Hudson Street, Soho, Manhattan for $134.1 million to DivcoWest on June 02, 2021.

Jamestown sold 4002 2nd Avenue, Sunset Park, Brooklyn for $0 to Amazon on October 16, 2020.

Jamestown borrowed $577.1 million from SL Green Realty for 4000 1st Avenue, 4002 2nd Avenue, 607 2nd Avenue, 639 2nd Avenue, 581 2nd Avenue, and others, Sunset Park, Brooklyn on December 19, 2019.

Latest Stories:

• Jamestown signs $290M rehab construction loan with JPMorgan Chase for mixed-use in Times Square (April 13, 2022)

• Belvedere Capital signs $77.4M in new debt with Blackstone at Industry City (December 26, 2021)

• DivcoWest signs $112.2M acquisition loan with United Overseas Bank for office building in Soho (June 10, 2021)

• DivcoWest pays $134.1M to Jamestown for office building in Soho (June 03, 2021)

• Industry City files plans for $5.3M single floor rehab of commercial building in Sunset Park (October 23, 2020)

• Amazon’s Whole Foods signs lease in two buildings at Industry City in Sunset Park (October 19, 2020)

• Belvedere Capital, Jamestown, and Angelo, Gordon & Co borrow $59M from Blackstone Group for Industry City in Sunset Park (December 20, 2019)

Court Records:

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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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