Elie Fouerti
Owner, Developer
1870 Bath Avenue Brooklyn, NY 11214
Elie Fouerti portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$17.7 million – elevator 34.0%, mixed-use 19.0%; Brooklyn 61.0%, Manhattan 38.0%
1860th largest portfolio by dollar value
63,604 sqft – D3 35%, walkup 31%;
2471th largest by SF
10 properties – Manhattan 50%, Brooklyn 50%
147th largest
456 residential units – Brooklyn 51%, Manhattan 48%
399th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 3 for $119.4 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 252 square feet
Top Ten Associated Companies:
Downtown Capital Partners (3), Popular Bank (2), Goldman Sachs (1), Valley National Bank (1), Downtown Capital (1)
Top Ten Associated People:
Gary M. Katz (4), Travis Schelhorn (1)
Recent activity as signatory:
• Omni Buildand Elie Fouerti borrowed $17 million from Valley National Bank for 228 13th Street, South Slope, Brooklyn on July 03, 2024.
• Elie Fouerti borrowed $97 million from Goldman Sachs for 2005 3rd Avenue, East Harlem, Manhattan on June 27, 2024.
• Elie Fouerti filed plans for new building for 252 sqft in Gravesend, Brooklyn, on June 12, 2024.
• Elie Fouerti borrowed $5.4 million from Popular Bank for 85 Herkimer Street and 87 Herkimer Street, Bedford Stuyvesant, Brooklyn on April 18, 2023.
• Elie Fouerti for Ellie Fouerti filed plans for Full Demolition for 15,120 sqft in East Harlem, Manhattan, on April 18, 2023.
• Elie Fouerti borrowed $74.8 million from Popular Bank for 2971 Shell Road, Coney Island, Brooklyn on October 05, 2022.
• Elie Fouerti filed plans for new building in Brooklyn, on September 19, 2022.
• Vyacheslav Faybyshevand Elie Fouertiand Gabriel Saffayehand Robert Saffayeh for Robert Saffayeh filed plans for new building for 49,510 sqft in South Slope, Brooklyn, on July 29, 2022.
• Vyacheslav Faybyshevand Elie Fouertiand Gabriel Saffayehand Robert Saffayeh for Robert Saffayeh filed plans for major alteration for 9,632 sqft in South Slope, Brooklyn, on June 03, 2022.
• Elie Fouerti filed plans for new building for 115,006 sqft in East Harlem, Manhattan, on March 08, 2022.
Latest Stories:
• Elie Fouerti signs $97M construction loan for 209-unit development in East Harlem June 28, 2024
• Elie Fouerti files demo plans to make way for 225-unit East Harlem project April 21, 2023
• Elie Fouerti signs $74.8M construction loan for 191-unit project in Coney Island October 06, 2022
• Robert Saffayeh pays $11.25M Catholic Church for dev site in South Slope April 04, 2022
• Elie Fouerti pays $26.3M to Robert Hoffman for development site in Coney Island December 30, 2021
• Downtown Capital pays $9.3M to Elie Fouerti for industrial in East Harlem November 19, 2021