J. Joseph Jacobson

Madison Capital

Madison Capital portfolio

$238.6 million* – retail 36%, industrial 35%; Manhattan 64%, Brooklyn 35%

259th largest portfolio by dollar value

1,325,217 sqft – industrial 88%, office 7%;

254th largest by SF

6 properties – Manhattan 50%, Brooklyn 50%

1281th largest

4 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Developer (new building or major alteration): 25.0 for 14,866 square feet

Top Ten Associated Companies:

Signature Bank (1), Jack Guttman (1)

Top Ten Associated People:

Jack Guttman (1)

Recent activity as company:

Madison Capital borrowed $24.8 million from Signature Bank for 688 Court Street and 702 Court Street, Red Hook, Brooklyn on June 08, 2021.

Jack Guttman sold 688 Court Street and 702 Court Street, Red Hook, Brooklyn for $45 million to Madison Capital on June 08, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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