David Blau
Owner
David Blau portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$10.2 million – elevator 100%; Manhattan 45%, Brooklyn 33%
2596th largest portfolio by dollar value
244,012 sqft – elevator 100%;
1012th largest by SF
3 properties – Manhattan 33%, Bronx 33%
154th largest
217 residential units – Manhattan 46%, Brooklyn 29%
583th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $17 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Santander Bank (3), New York Community Bank (2), Dime Community Bank (1)
Top Ten Associated People:
Margaret M. Fahy (2), Charlie Terrasi (1)
Recent activity as signatory:
• Jacob Kempler Family Partnership borrowed $8 million from Santander Bank for 3940 Bronx Boulevard, Wakefield, Bronx on August 25, 2023.
• Jacob Kempler Family Partnership borrowed $9 million from Santander Bank for 75 Lenox Road and 116 Lenox Road, Flatbush, Brooklyn on March 08, 2023.
• David Blau borrowed $5.8 million from Dime Community Bank for 2285 Sedgwick Avenue, University Heights, Bronx on July 28, 2022.
• Jacob Kempler Family Partnership borrowed $8.5 million from New York Community Bank for 1122 Ocean Avenue, Flatbush, Brooklyn on March 26, 2021.
• Jacob Kempler Family Partnership borrowed $8.2 million from New York Community Bank for 2960 Decatur Avenue and 3029 Briggs Avenue, Riverdale, Bronx on March 26, 2021.
• Jacob Kempler Family Partnership borrowed $5.5 million from Santander Bank for 755 Ocean Avenue, Flatbush, Brooklyn on September 03, 2020.
• David Blau filed plans for major alteration for 104,663 sqft in Flatbush, Brooklyn, on February 26, 2020.
Latest Stories:
• Jacob Kempler Family signs $9M refi with Santander for two rentals in Flatbush March 09, 2023