Downtown Capital Partners
People:
Downtown Capital Partners portfolio
$3.1 million* – specialty 100.0%, condo 0.0%; Brooklyn 100.0%, Manhattan 0.0%
4690th largest portfolio by dollar value
3 properties – Brooklyn 100%, Manhattan 0%
2759th largest
0 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Seller company: 2 for $99.3 million
Borrower company: 2 for $47.5 million
Lender company: 2 for $97 million
Top Ten Associated Companies:
All Year Management (2), Elie Fouerti (2), Prime Group Holdings (1), H&R REIT (1), Greystone & Co. (1), Downtown Capital Partners (1), Elie Foureti (1)
Top Ten Associated People:
Elie Fouerti (3), Robert Moser (1), Dov Tratner (1), Ann Sutton (1), Meredith Katz (1), Yoel Goldman (1)
Recent activity as company:
• Downtown Capital Partners and H&R REIT borrowed $36 million from Downtown Capital Partners for 459 Smith Street, Gowanus, Brooklyn on June 04, 2024.
• Downtown Capital Partners borrowed $11.5 million from Greystone & Co. for 169 Graham Avenue and 169 Graham Avenue, Williamsburg, Brooklyn on March 29, 2024.
• Downtown Capital Partners and All Year Management sold 459 Smith Street, Gowanus, Brooklyn for $76.5 million to H&R REIT on March 11, 2024.
• All Year Management borrowed $61 million from Downtown Capital Partners for 459 Smith Street, Gowanus, Brooklyn on October 24, 2023.
• Downtown Capital Partners sold 12 West 142nd Street, 2350 5th Avenue, and N/A West 142nd Street, Harlem, Manhattan for $22.9 million to Prime Group Holdings on March 17, 2023.
• Downtown Capital Partners sold 210 East 111th Street, East Harlem, Manhattan for $2.1 million to Elie Fouerti on November 17, 2021.
• Downtown Capital Partners sold 2011 3rd Avenue, East Harlem, Manhattan for $2.9 million to Elie Foureti on November 17, 2021.
• Downtown Capital Partners sold 2005 3rd Avenue, East Harlem, Manhattan for $4.1 million to Elie Fouerti on November 17, 2021.
• All Year Management borrowed $55 million from Downtown Capital Partners for 459 Smith Street, Gowanus, Brooklyn on November 19, 2019.
Latest Stories:
• Yoel Goldman puts stalled Crown Heights hotel valued at $14M in bankruptcy (January 02, 2025)
• Elie Fouerti signs $97M construction loan for 209-unit development in East Harlem (June 28, 2024)
• H&R REIT acquires majority interest in Gowanus dev site in deal valued at $76.5M (March 12, 2024)
• Prime Group Holdings signs $29.9M loan for three properties in Harlem (December 19, 2023)
• Elie Fouerti files demo plans to make way for 225-unit East Harlem project (April 21, 2023)
• Prime Group Holdings pays $22.9M to Downtown Capital for industrial in Harlem (March 19, 2023)
Court Records:
Properties: