David Goldwasser
Owner
FIA Capital Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$4.2 million – walkup 70%, development 29%; Brooklyn 100%, Manhattan 0%
4079th largest portfolio by dollar value
14,330 sqft – walkup 78%, development 21%;
4687th largest by SF
4 properties – Brooklyn 100%, Manhattan 0%
153th largest
15 residential units – Brooklyn 100%, Manhattan 0%
783th largest by residential units
0 foreclosures, 31 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 4 for $141 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:
Madison Realty Capital (16), Maguire Capital Group (3), Eleizer Schwimer (3), Moses Guttman (3), Midas Hospitality (1), Maguire South LLC (1), Penn South Capital (1), Maninder Sethi (1), Kavneet Sethi (1), Ohana Real Estate Investors (1)
Top Ten Associated People:
Eleizer Schwimer (2), David G. Robert (1), Moses Guttman (1), Parag Sawhney (1), Brian Shatz (1), Maninder Sethi (1), James Cole (1), Chaim Lipschitz (1)
Recent activity as signatory:
• Acres Capitaland Aview Equities sold 291 Livingston Street, Downtown Brooklyn, Brooklyn for $34.9 million to Midas Hospitality on March 13, 2024.
• Fairstead sold 2802 Fredrick Douglass Bl, Harlem, Manhattan for $86.8 million to Isaac Herskovitz on June 20, 2023.
• Barry Leon bankruptedand FIA Capital Partners sold 25-16 37th Avenue and 25-12 37th Avenue, Long Island City, Queens for $14.1 million to Maninder Sethiand Kavneet Sethi on February 09, 2023.
• FIA Capital Partnersand Bertha Zawin estate sold 6 Avenue B, Alphabet City, Manhattan for $5.2 million to Penn South Capital on February 06, 2023.
• Cornell Realty Management bankrupt sold 60 Duffield Street, 85 Flatbush Avenue Exte, and 85 Flatbush Avenue Exte, Downtown Brooklyn, Brooklyn for $94 million to Ohana Real Estate Investors on December 14, 2022.
• Cornell Realty Management bankrupt sold 159 Broadway and N/A Broadway, Williamsburg, Brooklyn for $32 million to Madison Realty Capital on November 23, 2022.
• FIA Capital Partners sold 325 Franklin Avenue, Bedford-Stuyvesant, Brooklyn for $2.8 million to Eleizer Schwimerand Moses Guttman on June 17, 2022.
• FIA Capital Partners sold 92 South 4th Street, Williamsburg, Brooklyn for $2.4 million to Eleizer Schwimerand Moses Guttman on June 17, 2022.
• FIA Capital Partners sold 1133 Greene Avenue, 1131 Greene Avenue, 1129 Greene Avenue, 1127 Greene Avenue, and 1125 Greene Avenue, Bushwick, Brooklyn for $4.7 million to Eleizer Schwimerand Moses Guttman on June 17, 2022.
• FIA Capital Partners borrowed $7.2 million from Maguire Capital Group for 119 Rogers Avenue, 55 Stanhope Street, 127 Rogers Avenue, and 167 Hart Street, Crown Heights, Brooklyn on January 12, 2022.
Latest Stories:
• Midas Hospitality pays $34.88M for bankrupt hotel in Downtown Brooklyn March 13, 2024
• Shlomo Karpen pays $3M for mixed-use in Bedford Stuyvesant July 03, 2023
• Isaac Herskovitz pays $86.75M for Fairstead’s 538-unit property in Harlem June 21, 2023
• $29.5M bankruptcy filed at Aview Equities 100-key Downtown Brooklyn hotel June 05, 2023
• Buyer files bankruptcy to preserve $92.5M purchase from Fairstead in Harlem February 22, 2023
• Bankrupt $14M LIC dev site sells, prior owner planned $39M condo February 09, 2023
Litigation: