Cayuga Capital Management
People:
Cayuga Capital Management portfolio
$40 million* – walkup 52.0%, D7 30.0%; Brooklyn 96.0%, Queens 3.0%
1098th largest portfolio by dollar value
206,872 sqft – walkup 50.0%, D7 30.0%;
1180th largest by SF
27 properties – Brooklyn 92%, Queens 7%
372th largest
215 residential units – Brooklyn 94.0%, Queens 5.0%
842th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 1 for $24.8 million
Seller company: 4 for $87 million
Borrower company: 2 for $8.2 million
Top Ten Associated Companies:
M&T Bank (2), BLDG Management (2), Shulem Herman (1), Bridgeinvest (1), SMS Financial (1), Double U Realty (1), Barbara Hershman (1), EPR Properties (1), Samuel Teitelbaum (1), Dime Community Bank (1)
Top Ten Associated People:
Lloyd Goldman (2), Shulem Herman (1), Alex Horn (1), Michael Weitzman (1), Gregory E. Zimmerman (1), Samuel Teitelbaum (1), Louis Ciniglio (1), David Traitel (1), David Katz (1)
Recent activity as company:
• Cayuga Capital Management sold 97 North 10th Street and 79 North 10th Street, Williamsburg, Brooklyn for $26.9 million to BLDG Management on December 02, 2024.
• Cayuga Capital Management borrowed $8.2 million from Dime Community Bank for 291 Wyckoff Avenue, 293 Wyckoff Avenue, 287 Wyckoff Avenue, and 295 Wyckoff Avenue, Bushwick, Brooklyn on March 29, 2024.
• Cayuga Capital Management sold 12 Berry Street, Williamsburg, Brooklyn for $8.2 million to Samuel Teitelbaum on June 13, 2023.
• Cayuga Capital Management borrowed $0 from SMS Financial for 294 Harman Street and 290 Harman Street, Bushwick, Brooklyn on May 19, 2023.
• Cayuga Capital Management sold 1 Nassau Avenue, Williamsburg, Brooklyn for $43.3 million to EPR Properties on March 16, 2023.
• Barbara Hershman sold 1 Nassau Avenue, Williamsburg, Brooklyn for $24.8 million to Cayuga Capital Management on March 08, 2023.
• Cayuga Capital Management sold 348 Troutman Street, Bushwick, Brooklyn for $8.5 million to Shulem Herman on February 22, 2023.
• Cayuga Capital Management sold 87 Wythe Avenue, Williamsburg, Brooklyn for $20 million to Double U Realty on July 08, 2022.
• Cayuga Capital Management borrowed $14.6 million from Ladder Capital for 321 Starr Street, Bushwick, Brooklyn on February 14, 2022.
• Cayuga Capital Management borrowed $30 million from Bridgeinvest for 88 North 15th Street, Williamsburg, Brooklyn on January 13, 2022.
Latest Stories:
• Double U Realty pays $8.9M for dev site in Greenpoint (February 03, 2025)
• Lender BLDG acquires office properties in Williamsburg from Cayuga for $26.9M (December 03, 2024)
• Double U files plans for 89K sf sports center in Williamsburg (August 12, 2024)
• SMS Financial buys $6.1M note on two Bushwick walkups (May 22, 2023)
• Cayuga Capital makes additional $24.8M payment at new development in Williamsburg (March 09, 2023)
• Shulem Herman pays $8.5M to Cayuga Capital for industrial in Bushwick (February 23, 2023)
• Double U Realty pays $20M to Cayuga Capital for mixed-use in Williamsburg (July 11, 2022)
Court Records:
Properties: