Joel Kestenbaum
Fortis Property Group
Fortis Property Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$39.7 million – elevator 100%; Brooklyn 100%, Manhattan 0%
1084th largest portfolio by dollar value
362,940 sqft – elevator 100%;
781th largest by SF
76 residential units – Brooklyn 100%, Manhattan 0%
722th largest by residential units
1 foreclosure, 0 bankruptcies, 7 other court cases.
Top Ten Associated Companies:
Top Ten Associated People:
Joshua Zegen (2), Robyn Sorid (1)
Recent activity as signatory:
• Fortis Property Group sold 91-95 Pacific Street, Cobble Hill, Brooklyn for $92.1 million to Madison Realty Capital on November 18, 2022.
• Fortis Property Group sold 350 Hicks Street, Cobble Hill, Brooklyn for $53 million to Madison Realty Capital on November 18, 2022.
• Fortis Property Group borrowed $254.8 million from G4 Capital Partners for 30 Front Street, DUMBO, Brooklyn on December 23, 2021.
• Fortis Property Group borrowed $162.8 million from Madison Realty Capital for 30 Front Street, Fulton Ferry, Brooklyn on October 19, 2020.
• Joel Kestenbaum filed plans for new building for 35,295 sqft in DUMBO, Brooklyn, on September 24, 2018.
• Joel Kestenbaum filed plans for new building for 250,036 sqft in DUMBO, Brooklyn, on September 18, 2018.
• Joel Kestenbaum filed plans for new building for 59,431 sqft in Hell’s Kitchen, Manhattan, on June 26, 2012.
• Joel Kestenbaum filed plans for new building for 54,048 sqft in Hell’s Kitchen, Manhattan, on June 26, 2012.
Latest Stories:
• Rockrose pays $65M to Madison Realty for dev site in Cobble Hill September 03, 2024
• Fortis Property signs $254.8M condo loan refi with G4 Capital in Dumbo December 26, 2021