Pearl Realty Management
People:
Pearl Realty Management portfolio
$174.2 million – industrial 45%, office 32%; Brooklyn 76%, Bronx 11%
333th largest portfolio by dollar value
1,204,980 sqft – industrial 57%, office 24%;
276th largest by SF
64 properties – Brooklyn 51%, Bronx 39%
93th largest
8 residential units – Brooklyn 100%, Manhattan 0%
790th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $40.5 million
Seller company: 5 for $238.6 million
Borrower company: 0 for $0
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
TF Cornerstone (2), Jay Group (2), Michael Allocco (1), Simon Cohen (1), Vanbarton Group (1), Lucky’s Real Tomatoes (1), Samson Management (1)
Top Ten Associated People:
Jeremy Shell (2), Jacob Kohn (2), Michael Allocco (1), Simon Cohen (1), Damiano Buffa (1), Linda Marcelli (1), Brian McCarthy (1)
Latest Stories:
• Jay Group files plans for 360 of 450 units at $75M Downtown Brooklyn site (September 19, 2024)
• Jay Group pays $75M to Pearl Realty for 405K sf dev site in Downtown Brooklyn (September 03, 2024)
• Jack Guttman of Pearl Realty pays $6.4M for dev site in East Williamsburg (January 26, 2022)
• Jack Guttman pays $8M to Lucky’s Real Tomatoes for industrial in Greenpoint (August 04, 2021)