Brian Shatz
Managing Principal, Co-Founder
Madison Realty Capital
520 Madison Ave Suite 3501New York, NY 10022
Madison Realty Capital|S3 Capital|Madison Realty Capital|Apollo Global Management NYC portfolio
$2.4 billion* – elevator 56.0%, walkup 13.0%; Manhattan 38.0%, Queens 32.0%
70th largest portfolio by dollar value
3,118,678 sqft – elevator 65.0%, walkup 11.0%;
97th largest by SF
73 properties – Manhattan 54%, Brooklyn 32%
121th largest
3,207 residential units – Brooklyn 39.0%, Manhattan 32.0%
53th largest by residential units
24 foreclosures, 4 bankruptcies, 6 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $6.8 million
Borrower signatory: 3 for $227.7 million
Lender signatory: 1 for $109.8 million
Top Ten Associated Companies:
JDS Development Group (1), Cornell Realty Management bankrupt (1), Marina Koustis (1), Paradigm Management (1), ConnectOne Bank (1), Community Preservation Corporation (1), Elliott Investment Management (1), Zhongyin Lyu (1), Jianfei Chen (1), JSAF Capital (1)
Top Ten Associated People:
Michael Stern (1), David Goldwasser (1), Marina Koustis (1), Robert Riggs (1), David Glanzman (1), Zhongyin Lyu (1), Joseph Safdie (1), Gal Sela (1), Jason Behfarin (1), Matthew Barry (1)
Recent activity as company:
• Madison Realty Capital borrowed $8.5 million from Community Preservation Corporation for 3052 Brighton 1st Street, Brighton Beach, Brooklyn on February 09, 2024.
• Madison Realty Capital borrowed $179.2 million from Elliott Investment Management for 65 Dupont Street and 75 Dupont Street, Greenpoint, Brooklyn on January 04, 2024.
• Madison Realty Capital sold 364 Bay Street, Tompkinsville, Staten Island for $6.8 million to Paradigm Management on December 22, 2023.
• Five Points Development borrowed $109.8 million from Madison Realty Capital for 262 5th Avenue, NoMad, Manhattan on November 13, 2023.
• Bruman Realty borrowed $57.5 million from Deutsche Bank for 296 Wythe, Williamsburg, Brooklyn on October 10, 2023.
• Madison Realty Capital borrowed $40 million from Maxim Capital Group for 65 Dupont Street and 75 Dupont Street, Greenpoint, Brooklyn on July 31, 2023.
• Madison Realty Capital sold 323 Court Street and 321 Court Street, Carroll Gardens, Brooklyn for $8.1 million to JSAF Capital on February 06, 2023.
• Madison Realty Capital borrowed $105 million from G4 Capital Partners for 14 5th Avenue, Greenwich Village, Manhattan on January 09, 2023.
• Madison Realty Capital sold 285 Graham Avenue, Williamsburg, Brooklyn for $5.5 million to Mendel Fleischman on January 05, 2023.
• Cornell Realty Management bankrupt sold 159 Broadway and N/A Broadway, Williamsburg, Brooklyn for $32 million to Madison Realty Capital on November 23, 2022.
Latest Stories:
• $76M pre-foreclosure filed at Madison Realty portfolio with rent-regulated units (March 03, 2025)
• Mendel Fleischman signs $12.3M refi for two properties in Williamsburg (January 31, 2025)
• Madison Realty Capital sells 12-unit walkup in Hell’s Kitchen for $5M (November 01, 2024)
Court Records: