Adam Semler
(Adam J. Semler)
Firebird Grove
131 Spring Street, Suite 405 New York, New York 10012
Firebird Grove portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$177 million – mixed-use 41%, walkup 36%; Manhattan 60%, Brooklyn 39%
327th largest portfolio by dollar value
374,855 sqft – walkup 53%, mixed-use 35%;
748th largest by SF
54 properties – Brooklyn 57%, Manhattan 42%
103th largest
414 residential units – Manhattan 56%, Brooklyn 43%
424th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $13.8 million
Seller signatory: 2 for $6.1 million
Borrower signatory: 2 for $27 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (4), Kokot Realty Enterprises (3), Dime Community Bank (2), Dorene Goldfinger (2), Willowick Properties (2), Robert Pollock (2), New York Community Bank (2), Ridgewood Savings Bank (2), Athineos Enterprises (2), Michael Vaglica (1)
Top Ten Associated People:
Arthur Kokot (3), Dorene Goldfinger (2), Steven Gautier-Winther (2), Andrew Hirsch (2), Robert Pollock (2), Gregory Fantauzzi (2), Peter Athineos (2), Christopher Athineos (2), Michele Pressman (2), Michael Vaglica (1)
Recent activity as signatory:
• Ludlow Property Group sold 164 Ludlow Street, Lower East Side, Manhattan for $7.8 million to Firebird Grove on October 10, 2024.
• Firebird Grove sold 479 Bergen Street, Prospect Heights, Brooklyn for $3.9 million to AXG Management on April 26, 2024.
• Firebird Grove borrowed $17 million from Derby Copeland Capital for 9 Patchin Place, 5 Patchin Place, 7 Patchin Place, 6 Patchin Place, 8 Patchin Place, and others, Greenwich Village, Manhattan on February 22, 2024.
• Firebird Grove borrowed $10 million from Bank of America for 9 East 68th Street, Lenox Hill, Manhattan on November 14, 2023.
• Kokot Realty Enterprises sold 169 Mulberry Street, Little Italy, Manhattan for $6 million to Firebird Grove on October 05, 2023.
• Firebird Grove sold 585 Vanderbilt Avenue, Prospect Heights, Brooklyn for $2.2 million to company on September 08, 2023.
• John Fortenberry sold 46 Walker Street, Tribeca, Manhattan for $5.5 million to Firebird Grove on October 24, 2022.
• Ink Property Group sold 188 Green Street, Greenpoint, Brooklyn for $3 million to Firebird Grove on August 17, 2022.
• Firebird Grove borrowed $5 million from Signature Bank for 666 Fulton Street, Fort Greene, Brooklyn on August 17, 2022.
• Robert Pollock sold 666 Fulton Street, Fort Greene, Brooklyn for $7.5 million to Firebird Grove on August 17, 2022.
Latest Stories:
• Firebird Grove sells mixed-use in Prospect Heights for $3.9M April 29, 2024
• Firebird Grove signs $17M refi with Derby Copeland in Greenwich Village February 23, 2024
• Firebird Grove pays $6M for 11-unit walkup in Little Italy October 06, 2023
• Firebird Grove pays $5.5M for 4-unit mixed-use in Tribeca October 25, 2022
• Firebird Grove pays $7.5M for mixed-use in Fort Greene August 18, 2022
• Firebird Grove pays $7.9M to Robert Pollock for mixed-use in Fort Greene August 15, 2022
• Oculus Realty, Firebird Grove pay $9.6M for 22-unit walkup in Williamsburg June 28, 2022
• Firebird Grove pays $9M to Dorene Goldfinger for mixed-use in Williamsburg June 14, 2022
• Firebird Grove, Oculus Realty pay $2.9M for mixed-use in Park Slope May 06, 2022