MacArthur Holdings

2130 Broadway New York, NY 10023

People:

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MacArthur Holdings portfolio

$40.3 million* – retail 58%, condo 28%; Manhattan 87%, Brooklyn 12%

1091th largest portfolio by dollar value

139,451 sqft – retail 56%, elevator 30%;

1551th largest by SF

6 properties – Manhattan 66%, Brooklyn 33%

1311th largest

8 residential units – Manhattan 100%, Bronx 0%

4295th largest by residential units

Notes

Website: “We’re a fourth-generation, family-run real estate business based in New York City.”

Company Activity past 24 months:

Buyer company: 1 for $11.9 million

Seller company: 2 for $18.9 million

Borrower company: 3 for $23.3 million

Top Ten Associated Companies:

Apple Bank for Savings (1), TARGO Capital Partners (1), Series 2016-JP3 (1), Cerco Funding (1), Rivington Company (1), Rod Hickey (1), Nancy Hickey (1), Dime Community Bank (1), Double U Realty (1)

Top Ten Associated People:

Cynthia Wang (1), David Gleitman (1), Gianluca Montalti (1), William Clarkson (1), Duncan Randall (1), Meghan Warren (1), Michael Weitzman (1)

Recent activity as company:

MacArthur Holdings sold 144 Greenpoint Avenue, Greenpoint, Brooklyn for $8.9 million to Double U Realty on January 31, 2025.

Group RMC, Brightsky Investments, MacArthur Holdings and Rivington Company borrowed $7 million from Rivington Company for 81 Beaver Street, Bushwick, Brooklyn on September 05, 2024.

MacArthur Holdings borrowed $10 million from Cerco Funding for 415 West 13th Street, Meatpacking District, Manhattan on October 03, 2023.

• Series 2016-JP3 sold 415 West 13th Street, Meatpacking District, Manhattan for $11.9 million to MacArthur Holdings on October 03, 2023.

R.A. Cohen & Associates and MacArthur Holdings sold 5 Spring Street, Nolita, Manhattan for $10 million to TARGO Capital Partners on August 03, 2023.

MacArthur Holdings borrowed $6.3 million from Apple Bank for Savings for 258-260 West 44th Street and 262-268 West 44th Street, Hell’s Kitchen, Manhattan on March 13, 2023.

• Rod Hickey and Nancy Hickey sold 471 West End Avenue, Upper West Side, Manhattan for $4.3 million to Macarthur Holdings on April 19, 2022.

Macarthur Holdings borrowed $7 million from Dime Community Bank for 233 Butler Street, Gowanus, Brooklyn on November 19, 2021.

Latest Stories:

• Double U Realty pays $8.9M for dev site in Greenpoint (February 03, 2025)

• MacArthur Holdings pays $11.9M for foreclosed retail in Meatpacking District (October 04, 2023)

• TARGO Capital Partners pays $10M for 21-unit walkup in Nolita (August 04, 2023)

• MacArthur Holdings signs $6.3M refi for two retail properties in Hell’s Kitchen (March 14, 2023)

• Torchlight Investors pays $21.1M to DWS Group for retail in Meatpacking District, down from $34M in 2011 (May 17, 2022)

• Katz family’s MacArthur Holdings pays $4.3M for 8-unit walkup in Upper West Side (April 20, 2022)

• David Katz pays $6.2M to Cayuga Capital for mixed-use in Greenpoint, last sold for $10.1M (July 23, 2021)

• Hirshmark Capital buys $5M debt on Cayuga Capital’s Greenpoint development (October 30, 2020)

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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