Acadia Realty Trust
411 Theodore Fremd Ave, Suite 300 Rye, NY 10580
People:
Acadia Realty Trust portfolio
$374.4 million* – condo 75%, D4 11%; Brooklyn 56%, Manhattan 35%
174th largest portfolio by dollar value
1,015,571 sqft – condo 70%, D4 12%;
346th largest by SF
33 properties – Manhattan 69%, Brooklyn 24%
298th largest
182 residential units – Manhattan 98%, Brooklyn 1%
957th largest by residential units
0 foreclosures, 1 bankruptcy, 3 other court cases.
Company Activity past 24 months:
Buyer company: 10 for $246.2 million
Seller company: 1 for $48.2 million
Borrower company: 1 for $33 million
Top Ten Associated Companies:
Brookfield Properties (4), Bank of America (2), Thor Equities (2), MARK Capital Management (1), Oaktree Capital Management (1), EMP Capital (1), East Coast Acquisitions (1), Soffer family (1), Waterbridge Capital (1), Bridge Investment Group (1)
Top Ten Associated People:
Jake Nathan (4), David Israel (1), Bryan Sather (1), Cary Kleinmam (1), Joel Schreiber (1), Gregory Egli (1), James Chung (1), Jason Blacksberg (1), Babak Bobby Zar (1), Mark D. Mermel (1)
Recent activity as company:
• Paceline Equity Partners sold 106 Spring Street, SoHo, Manhattan for $55 million to Acadia Realty Trust on January 17, 2025.
• EPIC LLC sold 73 Wooster Street, SoHo, Manhattan for $25.4 million to Acadia Realty Trust on January 14, 2025.
• MARK Capital Management sold 109 North 6th Street, Williamsburg, Brooklyn for $18.9 million to Acadia Realty Trust on November 05, 2024.
• Vallario family and Ciuffo family sold 141 Berry Street, Williamsburg, Brooklyn for $35 million to Acadia Realty Trust on October 23, 2024.
• Continental Ventures sold 92 Greene Street, 92 Greene Street, and 109 Mercer Street, SoHo, Manhattan for $43.4 million to Acadia Realty Trust on October 22, 2024.
• Brookfield Properties sold 367-369 Bleecker Street, West Village, Manhattan for $4.8 million to Acadia Realty Trust on September 24, 2024.
• Brookfield Properties sold 387 Bleecker Street, West Village, Manhattan for $1.6 million to Acadia Realty Trust on September 24, 2024.
• Brookfield Properties sold 382 Bleecker Street, 92 Perry Street, 382 Bleecker Street, and 382 Bleecker Street, West Village, Manhattan for $5.7 million to Acadia Realty Trust on September 24, 2024.
• Brookfield Properties sold 350 Bleecker Street, West Village, Manhattan for $8.1 million to Acadia Realty Trust on September 24, 2024.
• Acadia Realty Trust sold 53-01 74th Street and 74-17 Grand Avenue, Elmhurst, Queens for $48.2 million to Acadia Realty Trust on May 23, 2024.
Latest Stories:
• Acadia pays $55M for retail co-op unit in SoHo (January 20, 2025)
• Acadia pays $25.4M to EPIC LLC for retail condo in SoHo (January 15, 2025)
• Acadia Realty Trust pays $18.9M to MARK Capital Mgmt. for Williamsburg retail (November 06, 2024)
• Acadia pays $35M for retail in Williamsburg near ESRT holdings (October 24, 2024)
• Contract vendee files bankruptcy over $20M deal with Acadia Realty in SI (August 03, 2023)
• Waterbridge signs $64.1M refi with Acadia for five properties in Williamsburg (March 29, 2022)
Court Records:
Properties: