Jeffrey Pikus
(Jeffrey S. Pikus, Jeff Pikus)
Bluestar Properties
Owner
Bluestar Properties portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$30.1 million – walkup 84%, elevator 15%; Manhattan 100%, Bronx 0%
1295th largest portfolio by dollar value
157,505 sqft – walkup 63%, elevator 36%;
1420th largest by SF
12 properties – Manhattan 100%, Bronx 0%
145th largest
270 residential units – Manhattan 100%, Bronx 0%
536th largest by residential units
Notes
Bluestar Properties also used the name Blue Star Properties.
Person Activity past 24 months:
Buyer signatory: 5 for $23.4 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $15 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Karen Kessler (5), Jovan Subotic (1), Ridgewood Savings Bank (1), Dime Community Bank (1)
Top Ten Associated People:
Michael D. Morici Jr. (5), Jovan Subotic (1), Marna E. Bernstein (1), Louis Ciniglio (1)
Recent activity as signatory:
• Bluestar Properties borrowed $15 million from Ridgewood Savings Bank for 219 East 10th Street, 229 East 11th Street, 72 East 7th Street, 74 East 7th Street, 314 East 9th Street, and others, East Village, Manhattan on January 25, 2024.
• Karen Kessler sold 229 East 11th Street, East Village, Manhattan for $4.6 million to Bluestar Properties on January 25, 2024.
• Karen Kessler sold 314 East 9th Street, East Village, Manhattan for $4.3 million to Bluestar Properties on January 25, 2024.
• Karen Kessler sold 260 East 10th Street, East Village, Manhattan for $2.8 million to Bluestar Properties on January 25, 2024.
• Karen Kessler sold 72 East 7th Street and 74 East 7th Street, East Village, Manhattan for $7.6 million to Bluestar Properties on January 25, 2024.
• Karen Kessler sold 219 East 10th Street, East Village, Manhattan for $4.2 million to Bluestar Properties on January 25, 2024.
• Jovan Subotic sold 210 1st Avenue, East Village, Manhattan for $6.5 million to Bluestar Properties on September 21, 2022.
• Bluestar Properties borrowed $15 million from Dime Community Bank for 429 East 6th Street, 333 East 5th Street, and 331 East 5th Street, East Village, Manhattan on February 24, 2022.