Daniel Moritz
Arker Companies
Arker Companies|Arker Companies|Related Companies|Block Institute|Arker Companies|New York City Housing Authority portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$567.3 million – elevator 43.0%, walkup 19.0%; Brooklyn 48.0%, Bronx 26.0%
97th largest portfolio by dollar value
5,448,521 sqft – elevator 51.0%, walkup 25.0%;
51th largest by SF
105 properties – Brooklyn 45%, Bronx 34%
62th largest
5,559 residential units – Brooklyn 40.0%, Bronx 38.0%
30th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $137.6 million
Seller signatory: 3 for $150 million
Borrower signatory: 2 for $244.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Merchants Bank of Indiana (7), Merchants Capital (4), Tredway (3), Gilbane Development (3), ELH Mgmt. (3), Brookfield Asset Management (3), Phoenix Realty Group (2), Tishman Speyer (1), NYS Housing Finance Agency (1), Wells Fargo (1)
Top Ten Associated People:
Jacqueline Tom (3), Adam Sussi (3), Bianca Geary (2), Ron Orgel (2), David Augarten (1), Lauren E. Campbell (1), Jonathan Gouveia (1), Bianda Geary (1), Steven Beberman (1)
Recent activity as signatory:
• Arker Companies borrowed $12.6 million from Merchants Bank of Indiana for 1434 Ogden Avenue and 228-238 Nagle Avenue, Highbridge, Bronx on January 31, 2024.
• Arker Companies borrowed $232.1 million from Merchants Capital for 1134 Union Avenue, 813 East 163rd Street, 611 East 158th Street, 820 Hewitt Place, 1094 Union Avenue, and others, Morrisania, Bronx on October 12, 2023.
• New York City Housing Authority sold 1134 Union Avenue, 813 East 163rd Street, 611 East 158th Street, 820 Hewitt Place, 1094 Union Avenue, and others, Morrisania, Bronx for $137.6 million to Arker Companiesand New York City Housing Authority on October 12, 2023.
• Arker Companiesand Related Companies sold 2930 West 30th Street, Coney Island, Brooklyn for $61.4 million to Tredwayand Gilbane Developmentand ELH Mgmt.and Brookfield Asset Management on June 13, 2023.
• Arker Companiesand Related Companies sold 2828 West 28th Street, Coney Island, Brooklyn for $28.5 million to Tredwayand Gilbane Developmentand ELH Mgmt.and Brookfield Asset Management on June 13, 2023.
• Arker Companiesand Related Companies sold 2966 West 28th Street, Coney Island, Brooklyn for $60.1 million to Tredwayand Gilbane Developmentand ELH Mgmt.and Brookfield Asset Management on June 13, 2023.
• Arker Companies borrowed $39.3 million from Merchants Capital for 22-10 New Haven Avenue, Far Rockaway, Queens on January 06, 2023.
• Arker Companies borrowed $78.5 million from Merchants Capital for 249 Heyson Road, 14-10 New Haven Avenue, and 14-03 Heyson Road, Far Rockaway, Queens on December 20, 2022.
• Arker Companies borrowed $12.5 million from Merchants Bank of Indiana for 959 St Marks Avenue, Crown Heights, Brooklyn on November 10, 2022.
• Arker Companies borrowed $36.6 million from Merchants Bank of Indiana for 2966 West 28th Street, Coney Island, Brooklyn on September 14, 2022.