Joel Gluck
Owner
Joel Gluck portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$360,000 – development 100%; Brooklyn 100%, Manhattan 0%
6926th largest portfolio by dollar value
Person Activity past 24 months:
Buyer signatory: 1 for $1.9 million
Seller signatory: 1 for $112.8 million
Borrower signatory: 2 for $267.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (4), Gilbane Development (2), Santander Bank (2), New York Community Bank (2), Tel Aviv Stock Exchange bondholders (2), Richard J. Ivani (1), Berkadia Commercial Mortgage (1), Sterling National Bank (1), Customers Bank (1), Bank of Princeton (1)
Top Ten Associated People:
Fazeela Siddiqui (2), Hillel Lazarus (2), Matthew P. Lawrence (1), Richard J. Ivani (1), John Feijoo (1), Robert Morgenstern (1)
Recent activity as signatory:
• Spencer Equity Groupand Rabsky Group borrowed $158.4 million from Tel Aviv Stock Exchange bondholders for 352 Wallabout Street, 342 Wallabout Street, 330 Wallabout Street, and 322 Wallabout Street, Williamsburg, Brooklyn on November 29, 2024.
• Spencer Equity Groupand Rabsky Group borrowed $108.7 million from Tel Aviv Stock Exchange bondholders for N/A Union Avenue, 352 Wallabout Street, 352 Wallabout Street, 342 Wallabout Street, 342 Wallabout Street, and others, Williamsburg, Brooklyn on November 29, 2024.
• Spencer Equity Group sold 430 Albee Square and 430 Albee Square, Downtown Brooklyn, Brooklyn for $112.8 million to Canvas Investment Partnersand Tokyu Land US on November 25, 2024.
• Richard J. Ivani sold N/A 58th Street, Borough Park, Brooklyn for $1.9 million to Joel Gluck on February 21, 2023.
• Spencer Equity Group sold N/A Concourse Village Ea, Concourse Village, Bronx for $27.1 million to Gilbane Development on December 27, 2022.
• Spencer Equity Group sold 2363 Southern Boulevard, Belmont/Little Italy, Bronx for $8.2 million to Gilbane Development on December 23, 2022.
• Joel Gluck borrowed $11.2 million from New York Community Bank for 103 East 165th Street, 101 East 165th Street, and 1140 Woodycrest Avenue, Highbridge, Bronx on October 25, 2021.
• Park Management borrowed $34 million from Santander Bank for 769 St Marks Avenue, Crown Heights, Brooklyn on October 08, 2021.
• Spencer Equity Group borrowed $15 million from Customers Bank for 463 Watkins Street, Brooklyn, Brooklyn on June 01, 2021.
• Spencer Equity Group borrowed $10 million from Bank of Princeton for None, Bronx, Bronx on March 04, 2021.
Latest Stories:
• Spencer Equity, Rabsky sign $267M refi for five rentals in Williamsburg December 02, 2024
• Gilbane Development plans 266-unit shelter in Concourse Village December 29, 2023
• Joel Gluck signs $15M refi with Customers Bank for rental in Brownsville June 02, 2021
• Joel Gluck borrows $27.6M from Berkadia for property in Bronx January 05, 2021
• Joel Gluck borrows $9.2M from Signature Bank for 110-unit rental in Flatbush September 08, 2020
• Joel Gluck borrows $50M from Santander Bank for multifamily property in Bronx January 09, 2020