JSAF Capital
(JSAF Management, Safdie Realty Group)
People:
JSAF Capital portfolio
$20.7 million* – walkup 41%, mixed-use 27%; Brooklyn 87%, Bronx 12%
1704th largest portfolio by dollar value
86,769 sqft – walkup 54%, elevator 19%;
2110th largest by SF
13 properties – Brooklyn 69%, Bronx 30%
691th largest
122 residential units – Brooklyn 54%, Bronx 45%
1255th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $15.6 million
Borrower company: 5 for $31 million
Top Ten Associated Companies:
Morgan Stanley (4), David Freier (1), Madison Realty Capital (1), Colorado Federal Savings Bank (1), Cirtian Bruce (1), Reynald Orlando (1), Mitchell Gordon (1), Errol Birthwright (1), Jeannette Carpinelli (1), Arbor Realty Trust (1)
Top Ten Associated People:
Cynthia Eckes (3), David Freier (1), Brian Shatz (1), Mark Dressel (1), Cirtian Bruce (1), Marie Gladys Orlando (1), Mitchell Gordon (1), Errol Birthwright (1), Christine Fasano (1), Kenneth Downling (1)
Recent activity as company:
• Jeannette Carpinelli sold 336 Manhattan Avenue, Williamsburg, Brooklyn for $1.9 million to JSAF Capital on January 16, 2025.
• JSAF Capital for Joseph Safdie filed plans for new building for 80,490 sqft in Gowanus, Brooklyn, on December 18, 2024.
• Errol Birthwright sold 183 Prospect Place, Prospect Heights, Brooklyn for $2.7 million to JSAF Capital on December 02, 2024.
• Safdie Realty Group borrowed $9 million from Morgan Stanley for 323 Court Street and 321 Court Street, Carroll Gardens, Brooklyn on July 15, 2024.
• Safdie Realty Group borrowed $5.4 million from Morgan Stanley for 22 East 177th Street, Mt Hope, Bronx on May 15, 2024.
• Safdie Realty Group borrowed $5.2 million from Morgan Stanley for 1681 Eastburn Avenue, Claremont Village, Bronx on April 17, 2024.
• Mitchell Gordon sold 524 4th Avenue, Gowanus, Brooklyn for $4 million to JSAF Capital on March 11, 2024.
• Safdie Realty Group borrowed $6 million from Morgan Stanley for 872 East 164th Street, Longwood, Bronx on February 23, 2024.
• Reynald Orlando sold 520 4th Avenue and 522 4th Avenue, Gowanus, Brooklyn for $3.4 million to JSAF Capital, Arthur Gabriel and Suren Gabriel on January 29, 2024.
• Cirtian Bruce sold 526 4th Avenue, Gowanus, Brooklyn for $3.8 million to JSAF Capital on November 27, 2023.
Latest Stories:
• JSAF Capital files plans for 99-unit building in Gowanus, includes affordable (December 23, 2024)
• JSAF Capital pays $4M for mixed-use in Gowanus, now controls 4-parcel corner (March 12, 2024)
• JSAF Capital, partners pay $3.4M for two walkups in Gowanus (January 30, 2024)
• JSAF Capital pays $3.8M for 7-unit walkup in Gowanus (November 28, 2023)
• JSAF Capital pays $8.1M to Madison Realty for rentals in Carroll Gardens (February 07, 2023)
• Safdie Realty Group pays $2.6M for residential walkup in Concourse Village (January 24, 2023)
• Joseph Safdie, Chun Lee pay $6M to Witnick for 24-unit rental in Brownsville (July 01, 2022)
Properties: