Charles DiGiovanna
(Charles P. DiGiovanna, Chuck DiGiovanna)
Macy’s Inc.
(Macy’s)
Macy’s Inc. portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$620.4 million – retail 51%, mixed-use 48%; Manhattan 51%, Brooklyn 48%
92th largest portfolio by dollar value
4,593,612 sqft – mixed-use 52%, retail 47%;
60th largest by SF
2 properties – Manhattan 50%, Brooklyn 50%
155th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $23 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
U.S. Bank (2), Macy’s bondholders (1), United American Land (1), Crown Acquisitions (1), Jackson Group (1)
Top Ten Associated People:
Isaac Chera (1), James T. Walther (1)
Recent activity as signatory:
• Macy’s Inc. sold 422 Fulton Street, Downtown Brooklyn, Brooklyn for $23 million to United American Landand Crown Acquisitionsand Jackson Group on December 19, 2024.
• Macy’s Inc. borrowed $7.5 million from U.S. Bank for 2483 Flatbush Avenue, Mill Basin, Brooklyn on January 14, 2021.
• Macy’s Inc. borrowed $66.1 million from Macy’s bondholders for 422 Fulton Street, Brooklyn Heights, Brooklyn on August 03, 2020.
• Macy’s Inc. borrowed $27 million from U.S. Bank for 5400 Avenue U, Mill Basin, Brooklyn on July 30, 2020.