Michael Weitzman

(Michael Weitman)

Double U Realty

Developer, Owner

Storm Living

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Double U Realty portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$42 million – condo 49%, mixed-use 28%; Brooklyn 100%, Manhattan 0%

1047th largest portfolio by dollar value

207,993 sqft – condo 44%, mixed-use 27%;

1147th largest by SF

8 properties – Brooklyn 100%, Manhattan 0%

149th largest

152 residential units – Brooklyn 100%, Manhattan 0%

646th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $4 million

Borrower signatory: 4 for $73 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 4 for 285,691 square feet

Top Ten Associated People:

Jacob Sacks (1), Moishe Kofman (1), Joshua Crane (1), Anna Gutteridge (1), Jeffry Cohen (1), Suzanne Castagna (1)

Recent activity as signatory:

Double U Realty borrowed $5 million from Midtown Equities for 135 Kent Avenue, Williamsburg, Brooklyn on January 09, 2025.

Double U Realty borrowed $28.3 million from Citibank for 723 Manhattan Avenue, Greenpoint, Brooklyn on August 30, 2024.

Michael Weitman filed plans for new building for 108,560 sqft in Williamsburg, Brooklyn, on August 06, 2024.

Double U Realty borrowed $24 million from S3 Capital for 100 South 9th Street, Williamsburg, Brooklyn on March 21, 2024.

Michael Weitzman filed plans for new building for 105,566 sqft in Williamsburg, Brooklyn, on March 07, 2024.

Double U Realty sold 89 South 10th Street, Williamsburg, Brooklyn for $4 million to Moishe Kofmanand Sucher Ashkenazi on January 11, 2024.

Michael Weitzman filed plans for major alteration for 25,000 sqft in Williamsburg, Brooklyn, on July 26, 2023.

Double U Realty borrowed $15.7 million from Colorado Federal Savings Bank for 723-725 Manhattan Avenue, Greenpoint, Brooklyn on May 08, 2023.

Michael Weitzman filed plans for major alteration for 46,566 sqft in Williamsburg, Brooklyn, on January 24, 2023.

Michael Weitzman filed plans for major alteration for 8,687 sqft in Williamsburg, Brooklyn, on November 02, 2022.

Latest Stories:

• Double U Realty signs $28.3M refi with Citibank for 48-unit rental in Greenpoint September 03, 2024

• Double U files plans for 89K sf sports center in Williamsburg August 12, 2024

• Double U Realty signs $24M construction loan with S3 for 45-unit project in Williamsburg March 22, 2024

• Moishe Kofman pays $4M to Double U Realty for 12K dev site in Williamsburg January 12, 2024

• Double U Realty pays $14.1M to church for 3-parcel dev site in Williamsburg August 02, 2022

• Double U Realty pays $20M to Cayuga Capital for mixed-use in Williamsburg July 11, 2022

• Double U Realty signs $20M refi for residential elevator in Williamsburg April 28, 2022

• Michael Weitzman pays $7.5M to Jeffry Cohen for mixed-use building in Williamsburg August 20, 2021

• Jay Weitzman inks 99-year ground lease valued at $8.7M for former Meserole Theater in Greenpoint October 08, 2019

Litigation:

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