Joel Zupnick
Owner
Joel Zupnick portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$76.9 million – specialty 40.0%, elevator 36.0%; Queens 86.0%, Brooklyn 13.0%
678th largest portfolio by dollar value
731,583 sqft – development 62%, elevator 20%;
431th largest by SF
9 properties – Brooklyn 55%, Queens 44%
148th largest
724 residential units – Queens 93%, Brooklyn 6%
288th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $44 million
Seller signatory: 0 for $0
Borrower signatory: 5 for $192.6 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 2,481 square feet
Top Ten Associated Companies:
Estate of Rita Stark (1), Signature Bank (1), Metropolitan Commercial Bank (1), Townhouse Property Group (1), Sterling National Bank (1), Yitzcock Schwartz (1), Levon Capital (1), Madison Realty Capital (1), Scale Lending (1), Slate Property Group (1)
Top Ten Associated People:
Elizabeth Farrell (1), Nicholas A. LaMorte (1), Brett Bandazian (1), Zachary Relyea (1), Sean Lavin (1), Yitzcock Schwartz (1), Shimon Meisels (1), Joshua Zegen (1), Stephen Krasman (1), Mary King (1)
Recent activity as signatory:
• Joel Zupnick borrowed $8.8 million from Valley National Bank for 28 Bartlett Street, Williamsburg, Brooklyn on December 26, 2024.
• Joel Zupnick borrowed $6.3 million from Webster Bank for 6516 New Utrecht Avenue, Bensonhurst, Brooklyn on March 14, 2024.
• Joel Zupnick borrowed $142 million from Scale Lendingand Slate Property Group for 147-35 95th Avenue, Jamaica, Queens on November 08, 2023.
• Joel Zupnick borrowed $16 million from Madison Realty Capital for 147-35 95th Avenue, Jamaica, Queens on October 20, 2023.
• Joel Zupnick borrowed $19.5 million from Levon Capital for 94-15 Sutphin Boulevard, Jamaica, Queens on October 19, 2023.
• Joel Zupnick filed plans for new building for 2,481 sqft in East Williamsburg, Brooklyn, on February 16, 2023.
• Townhouse Property Group sold 159-05 Union Turnpike, Kew Garden Hills, Queens for $44 million to Joel Landauand Joel Zupnickand Bent Philipson on February 10, 2023.
• Remsen Capital Management sold 94 Tompkins Avenue and 96 Tompkins Avenue, Bedford-Stuyvesant, Brooklyn for $3.4 million to Yitzcock Schwartz on July 06, 2022.
• Remsen Capital Management borrowed $70 million from Metropolitan Commercial Bank for 2802 Surf Avenue, Coney Island, Brooklyn on June 21, 2022.
• Solomon Federand Joel Zupnick borrowed $88 million from Signature Bank for 45-57 Davis Street, Long Island City, Queens on April 13, 2022.
Latest Stories:
• Joel Landau, partners pay $44M for addiction treatment facility in Fresh Meadows February 10, 2023
• Yitzchok Schwartz pays $3.4M for two mixed-use properties in Bed Stuy July 07, 2022