Joseph Safdie
(Joe Safdie, Joseph E. Safdie)
JSAF Capital
(JSAF Management, Safdie Realty Group)
Owner
JSAF Management
Safdie Realty Group
JSAF Capital portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$19.5 million – walkup 37%, mixed-use 29%; Brooklyn 86%, Bronx 13%
1748th largest portfolio by dollar value
83,019 sqft – walkup 52%, mixed-use 19%;
2136th largest by SF
12 properties – Brooklyn 66%, Bronx 33%
145th largest
116 residential units – Brooklyn 52%, Bronx 47%
682th largest by residential units
Person Activity past 24 months:
Buyer signatory: 6 for $24.4 million
Seller signatory: 0 for $0
Borrower signatory: 6 for $38.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 7 for 124,922 square feet
Top Ten Associated Companies:
Morgan Stanley (4), David Freier (1), Madison Realty Capital (1), Colorado Federal Savings Bank (1), Cirtian Bruce (1), Reynald Orlando (1), Mitchell Gordon (1), Errol Birthwright (1), Arbor Realty Trust (1)
Top Ten Associated People:
Cynthia Eckes (3), David Freier (1), Brian Shatz (1), Mark Dressel (1), Cirtian Bruce (1), Marie Gladys Orlando (1), Mitchell Gordon (1), Errol Birthwright (1), Kenneth Downling (1)
Recent activity as signatory:
• Joseph Safdie filed plans for new building for 80,490 sqft in Gowanus, Brooklyn, on December 18, 2024.
• Errol Birthwright sold 183 Prospect Place, Prospect Heights, Brooklyn for $2.7 million to JSAF Capital on December 02, 2024.
• Safdie Realty Group borrowed $9 million from Morgan Stanley for 323 Court Street and 321 Court Street, Carroll Gardens, Brooklyn on July 15, 2024.
• Safdie Realty Group borrowed $5.4 million from Morgan Stanley for 22 East 177th Street, Mt Hope, Bronx on May 15, 2024.
• Safdie Realty Group borrowed $5.2 million from Morgan Stanley for 1681 Eastburn Avenue, Claremont Village, Bronx on April 17, 2024.
• Mitchell Gordon sold 524 4th Avenue, Gowanus, Brooklyn for $4 million to JSAF Capital on March 11, 2024.
• Safdie Realty Group borrowed $6 million from Morgan Stanley for 872 East 164th Street, Longwood, Bronx on February 23, 2024.
• Reynald Orlando sold 520 4th Avenue and 522 4th Avenue, Gowanus, Brooklyn for $3.4 million to JSAF Capitaland Arthur Gabrieland Suren Gabriel on January 29, 2024.
• Joseph Safdie filed plans for major alteration for 4,834 sqft in Fordham Manor, Bronx, on January 16, 2024.
• Joseph Safdie filed plans for major alteration for 9,414 sqft in Lower East Side, Manhattan, on December 27, 2023.
Latest Stories:
• JSAF Capital files plans for 99-unit building in Gowanus, includes affordable December 23, 2024
• JSAF Capital pays $4M for mixed-use in Gowanus, now controls 4-parcel corner March 12, 2024
• JSAF Capital, partners pay $3.4M for two walkups in Gowanus January 30, 2024
• JSAF Capital pays $3.8M for 7-unit walkup in Gowanus November 28, 2023
• JSAF Capital pays $8.1M to Madison Realty for rentals in Carroll Gardens February 07, 2023
• Safdie Realty Group pays $2.6M for residential walkup in Concourse Village January 24, 2023
• Joseph Safdie, Chun Lee pay $6M to Witnick for 24-unit rental in Brownsville July 01, 2022