CHARLES CARA
Owner
CHARLES CARA portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$12.4 million – elevator 47%, walkup 28%; Brooklyn 100%, Manhattan 0%
2307th largest portfolio by dollar value
69,825 sqft – elevator 54%, industrial 31%;
2347th largest by SF
5 properties – Brooklyn 100%, Manhattan 0%
152th largest
29 residential units – Brooklyn 100%, Manhattan 0%
769th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 36,000 square feet
Top Ten Associated Companies:
Customers Bank (1), Rachel Foster (1)
Top Ten Associated People:
Michael Tigri (1), Stephen Palmese (1), Rachel Foster (1), Michael Mazzara (1), Ethan Stanton (1), Brendan Maddigan (1), Michael Palmese (1)
Recent activity as signatory:
• Charles Cara filed plans for major alteration for 36,000 sqft in DUMBO, Brooklyn, on August 20, 2024.
• Charles Cara borrowed $5 million from Customers Bank for 42 President Street and 129 Van Brunt Street, Columbia Waterfront, Brooklyn on September 15, 2022.
• Charles Cara filed plans for major alteration for 8,393 sqft in Columbia Waterfront, Brooklyn, on July 08, 2022.
• Charles Cara filed plans for major alteration for 7,500 sqft in Columbia Waterfront, Brooklyn, on July 08, 2022.
• Rachel Foster sold 42 President Street and 129 Van Brunt Street, Columbia Waterfront, Brooklyn for $22 million to Charles Cara on July 07, 2022.
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