BridgeCity Capital
(Bridge City Funding, BCC Funding)
241 37th Street, Suite 305 Brooklyn, New York 11232
People:
BridgeCity Capital portfolio
$14.9 million* – condo 100%; Brooklyn 100%, Manhattan 0%
2103th largest portfolio by dollar value
80,531 sqft – condo 100%;
2187th largest by SF
2 properties – Brooklyn 100%, Manhattan 0%
3127th largest
41 residential units – Brooklyn 100%, Manhattan 0%
2386th largest by residential units
Company Activity past 24 months:
Lender company: 22 for $493 million
Top Ten Associated Companies:
Joel Schwartz (24), Watermark Capital Group (3), Yoel Hershkowitch (2), ZD Jasper Realty (2), Abraham Brach (2), Simon Kaufman (2), Big Dream Developers (1), Joseph Banda (1), Michael Lipman (1), Beitel Group (1)
Top Ten Associated People:
Joel Schwartz (23), Yoel Hershkowitch (2), Joseph Banda (2), Martin Joseph (2), Wolfe Landau (2), Abraham Brach (2), Meir D. Tabak (2), Simon Kaufman (2), Ascher Berkowitz (1), Michael Lipman (1)
Recent activity as company:
• Shimon Brach borrowed $5 million from BridgeCity Capital for 682-684 Bedford Avenue, Williamsburg, Brooklyn on January 24, 2025.
• Joel Teitelbaum and Matt Katz borrowed $35 million from Amalgamated Bank for 26-04 Jackson Avenue, Long Island City, Queens on October 29, 2024.
• Joel Schwartz borrowed $12.8 million from BridgeCity Capital for 30 Richardson Street and 28 Richardson Street, Williamsburg, Brooklyn on October 18, 2024.
• ZD Jasper Realty borrowed $117.5 million from Maxim Capital Group for 430 West 37th Street, Hudson Yards, Manhattan on September 17, 2024.
• ZD Jasper Realty borrowed $35 million from Maxim Capital Group for 430 West 37th Street, Hudson Yards, Manhattan on September 11, 2024.
• Robert Gilardian borrowed $82 million from Bridgecity Capital for 534 3rd Avenue, Murray Hill, Manhattan on September 10, 2024.
• Edelstein Development Group borrowed $11.5 million from BridgeCity Capital for 1777 Weeks Avenue, 1777 Weeks Avenue, and 1777 Weeks Avenue, Mt Hope, Bronx on August 19, 2024.
• Rivky Brach borrowed $31 million from BridgeCity Capital for 3547 Webster Avenue and 3551 Webster Avenue, Norwood, Bronx on August 15, 2024.
• Herman Kaufman borrowed $14.6 million from Webster Bank for 3308-3312 Glenwood Road, East Flatbush, Brooklyn on July 23, 2024.
• Yaakov Gold borrowed $6.4 million from S3 Capital for 488 Marcus Garvey Blvd, Bedford Stuyvesant, Brooklyn on June 06, 2024.
Latest Stories:
• Shimon Brach pays $7.1M for mixed-use in Williamsburg (January 27, 2025)
• Joel Teitelbaum, Matt Katz obtain $35M refi for new 82-unit rental in LIC (October 30, 2024)
• Watermark Capital files plans for 198 units at $66.5M Downtown Brooklyn parcel (October 02, 2024)
• Herman Kaufman signs $14.6M refi for new 38-unit rental in East Flatbush (July 24, 2024)
Properties: