Double U Realty

People:

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Double U Realty portfolio

$42 million – condo 49%, mixed-use 28%; Brooklyn 100%, Manhattan 0%

1047th largest portfolio by dollar value

207,993 sqft – condo 44%, mixed-use 27%;

1147th largest by SF

8 properties – Brooklyn 100%, Manhattan 0%

149th largest

152 residential units – Brooklyn 100%, Manhattan 0%

646th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 1 for $4 million

Borrower company: 4 for $73 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Gim Commercial Mortgage Loan Fund (2), Roman Catholic Church of the Epiphany (1), Hirshmark Capital (1), Cayuga Capital Management (1), G4 Capital Partners (1), JG Funding (1), Colorado Federal Savings Bank (1), Moishe Kofman (1), Sucher Ashkenazi (1), S3 Capital (1)

Top Ten Associated People:

Jason N. Espinal (1), Paul Michels (1), Mark Levin (1), Kelly von Schmid (1), Jacob Sacks (1), Jeremy Goldzal (1), Moishe Kofman (1), Joshua Crane (1), Anna Gutteridge (1), Suzanne Castagna (1)

Latest Stories:

• Double U Realty signs $28.3M refi with Citibank for 48-unit rental in Greenpoint (September 03, 2024)

• Double U files plans for 89K sf sports center in Williamsburg (August 12, 2024)

• Double U Realty signs $24M construction loan with S3 for 45-unit project in Williamsburg (March 22, 2024)

• Moishe Kofman pays $4M to Double U Realty for 12K dev site in Williamsburg (January 12, 2024)

• Double U Realty pays $14.1M to church for 3-parcel dev site in Williamsburg (August 02, 2022)

• Double U Realty pays $20M to Cayuga Capital for mixed-use in Williamsburg (July 11, 2022)

• Double U Realty signs $20M refi for residential elevator in Williamsburg (April 28, 2022)

• Michael Weitzman pays $7.5M to Jeffry Cohen for mixed-use building in Williamsburg (August 20, 2021)

• Jay Weitzman of Double U Realty borrows $39M from JPMorgan affiliate for new 45-unit property in Williamsburg (October 28, 2020)

• Jay Weitzman inks 99-year ground lease valued at $8.7M for former Meserole Theater in Greenpoint (October 08, 2019)

Litigation:

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Properties:

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