Margaret Grossman
Sugar Hill Capital Partners
Sugar Hill Capital Partners|Fort Amsterdam Capital|T30 Capital|Sugar Hill Capital Partners|T30 Capital portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$178.7 million – walkup 69%, elevator 27%; Manhattan 68%, Brooklyn 31%
321th largest portfolio by dollar value
1,466,813 sqft – walkup 54%, elevator 32%;
218th largest by SF
77 properties – Manhattan 70%, Brooklyn 29%
83th largest
1,551 residential units – Manhattan 71%, Brooklyn 28%
140th largest by residential units
10 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $11.2 million
Seller signatory: 6 for $29.6 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 28,856 square feet
Top Ten Associated Companies:
Moshe Greenzweig (8), New York Community Bank (3), Indev Real Estate (2), Signature Bank (2), Greenbrook Partners (1), Vincent Theurer (1), Visabe Corp. (1), Derby Copeland Capital (1), Isaac Shamah (1), Hirshmark Capital (1)
Top Ten Associated People:
Moe Greenzweig (8), Joanna Moloney (2), Gregory Fournier (1), Vincent Theurer (1), Salomon Cojab Moadeb (1), Jesse Hutcher (1), Alan L. Kaufman (1), Qin Zhou (1), Steven Kashanian (1), Igal Namdar (1)
Recent activity as signatory:
• Riese Organization sold 34 Union Square, Gramercy, Manhattan for $11.2 million to T30 Capital on October 24, 2024.
• T30 Capitaland Sugar Hill Capital Partners sold 1713 8th Avenue, South Slope, Brooklyn for $3.8 million to Lipa Engel on September 19, 2024.
• Margaret Grossman filed plans for new building for 28,856 sqft in Greenwich Village, Manhattan, on September 18, 2024.
• Sugar Hill Capital Partners sold 231 North Henry Street, Greenpoint, Brooklyn for $5.3 million to Pambar Realty on January 11, 2024.
• Sugar Hill Capital Partners sold 230 West 116th Street, Harlem, Manhattan for $2 million to company on July 10, 2023.
• Sugar Hill Capital Partners sold 4300 Broadway, Washington Heights, Manhattan for $10.4 million to Treetop Development on May 03, 2023.
• Sugar Hill Capital Partners sold 42 Hawthorne Street, Prospect Lefferts Gardens, Brooklyn for $4.2 million to Indev Real Estate on January 24, 2023.
• Sugar Hill Capital Partners sold 90 Clermont Avenue, Fort Greene, Brooklyn for $3.8 million to Indev Real Estate on January 24, 2023.
• Sugar Hill Capital Partners borrowed $0 from Hirshmark Capital for 230 West 116th Street, Harlem, Manhattan on January 09, 2023.
• Sugar Hill Capital Partners sold 243 West 116th Street, Harlem, Manhattan for $3.4 million to Moshe Greenzweig on January 03, 2023.
Latest Stories:
• Note holder acquires Union Square dev site from Riese Org. in $11.2M transfer October 25, 2024
• Lipa Engel pays $3.8M to T30 Capital for 29-unit conversion in South Slope September 20, 2024
• Pambar Realty pays $5.3M to Sugar Hill for 6-unit walkup in Greenpoint January 12, 2024
• Indev pays $8 million to Sugar Hill Capital for two walkups in Brooklyn January 25, 2023
• Hirshmark buys $2.7M note secured by Sugar Hill Capital walkup in Harlem January 10, 2023