Moses Karpen
Developer, Owner
Moses Karpen portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$47.7 million – walkup 57.0%, elevator 28.0%; Brooklyn 97.0%, Queens 2.0%
962th largest portfolio by dollar value
234,712 sqft – walkup 56.0%, elevator 29.0%;
1041th largest by SF
35 properties – Brooklyn 97%, Queens 2%
122th largest
297 residential units – Brooklyn 97.0%, Queens 2.0%
512th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 4 for $24.5 million
Seller signatory: 0 for $0
Borrower signatory: 6 for $56 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 9 for 69,358 square feet
Top Ten Associated Companies:
Bank of Princeton (3), Parke Bank (3), Valley National Bank (2), Carlyle Group (2), Greenbrook Partners (2), David Halberstam (1), Christopher K. Sowers (1), Arbor Realty Trust (1), Flushing Bank (1), Richard Cedillo (1)
Top Ten Associated People:
Carter Martin (2), David Halberstam (1), Christopher K. Sowers (1), Terence McArdle (1), Francesco Pizzolla (1), Terence J. McArdle (1), Richard Cedillo (1), Joel Hammer (1), Peggy Lane (1), Henry Grunfeld (1)
Recent activity as signatory:
• Moses Karpen filed plans for major alteration for 2,968 sqft in Bedford Stuyvesant, Brooklyn, on August 07, 2024.
• Moses Karpen filed plans for major alteration for 5,409 sqft in Bedford Stuyvesant, Brooklyn, on July 18, 2024.
• Donnie L. Scruggsand David R. Burke sold 87 Franklin Avenue, Bedford Stuyvesant, Brooklyn for $2.2 million to Moses Karpen on June 06, 2024.
• Moses Karpen borrowed $8 million from Parke Bank for 906 Kent Avenue, Bedford Stuyvesant, Brooklyn on May 01, 2024.
• Moses Karpen borrowed $10.8 million from BridgeCity Capital for 141 Ross Street, Williamsburg, Brooklyn on April 12, 2024.
• Joel Landauand Hershel Silberstein sold 141 Ross Street, Williamsburg, Brooklyn for $14.6 million to Moses Karpen on April 12, 2024.
• Moses Karpen borrowed $8.9 million from Parke Bank for 91 Gerry Street, Williamsburg, Brooklyn on February 28, 2024.
• Henry Grunfeld sold 91 Gerry Street, Williamsburg, Brooklyn for $2.5 million to Moses Karpen on February 28, 2024.
• Moses Karpenand Moses Lefkowitz borrowed $8.1 million from Bank of Princeton for 899 Fulton Street, Clinton Hill, Brooklyn on October 26, 2023.
• Moses Karpen filed plans for major alteration for 15,482 sqft in Bedford Stuyvesant, Brooklyn, on August 07, 2023.
Latest Stories:
• Moses Karpen pays $14.6M for 22-unit rental in Williamsburg, yeshiva sold for $8M April 15, 2024
• Yeshiva’s 22-unit Williamsburg building in contract for $7.95M February 27, 2024
• Moses Karpen pays $8M for four properties in Williamsburg June 14, 2023
• Moses Karpen files to demolish 5 buildings in Williamsburg April 26, 2023
• Moses Karpen pays $5.2M for two mixed-use properties in Bedford Stuyvesant April 20, 2023
• Moses Karpen, Moses Lefkowitz pays $6.5M for retail in Clinton Hill July 22, 2022
Litigation: