Donald Capoccia
Managing Partner
BFC Partners
Owner, Developer
Private Equity
150 Myrtle Ave, Suite 2 Brooklyn, NY 11201
BFC Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$49.5 million – elevator 77.0%, specialty 12.0%; Staten Island 48.0%, Brooklyn 41.0%
938th largest portfolio by dollar value
1,032,772 sqft – elevator 91.0%, specialty 7.0%;
327th largest by SF
16 properties – Brooklyn 68%, Staten Island 18%
141th largest
1,050 residential units – Staten Island 60.0%, Brooklyn 34.0%
214th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Buyer signatory: 1 for $34 million
Seller signatory: 1 for $16 million
Borrower signatory: 1 for $12.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (3), Yechiel Newhouse (1), Wells Fargo (1), New York City Housing Authority (1)
Top Ten Associated People:
Ruth Moreira (1), Yechiel Newhouse (1), Jonathan Gouveia (1)
Recent activity as signatory:
• New York City Housing Authority sold 159 Alaska Street, Port Richmond, Staten Island for $34 million to BFC Partners on December 30, 2024.
• BFC Partners borrowed $12.7 million from NYC Housing Development Corporation for 1089 President Street, 1089 President Street, 1101 President Street, 1101 President Street, 1101 President Street, and others, Crown Heights, Brooklyn on August 04, 2023.
• L+M Development Partnersand BFC Partners sold 450 Kent Avenue, Williamsburg, Brooklyn for $16 million to Yechiel Newhouse on January 26, 2023.
• BFC Partners borrowed $139 million from NYC Housing Development Corporation for 1607 Surf Avenue, Coney Island, Brooklyn on January 07, 2022.
• Settlement Housing Fund borrowed $15 million from Wells Fargo for 1607 Surf Avenue, Coney Island, Brooklyn on August 02, 2021.
• BFC Partners borrowed $8.3 million from NYC Housing Development Corporation for 1555 Bedford Avenue, , , Crown Heights, Brooklyn on February 04, 2021.