Richard Gropper
Camber Property Group
Camber Property Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$523.2 million – elevator 86.0%, D6 3.0%; Bronx 76.0%, Brooklyn 14.0%
112th largest portfolio by dollar value
8,343,103 sqft – elevator 81.0%, D3 12.0%;
27th largest by SF
81 properties – Bronx 62%, Brooklyn 19%
80th largest
7,825 residential units – Bronx 85.0%, Brooklyn 10.0%
16th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $44.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 1 square feet
Top Ten Associated Companies:
Greystone & Co. (2), CitiBank (1), Citibank (1), Enterprise Community Partners (1)
Top Ten Associated People:
Richard Gerwitz (1), Timothy E. Martin (1)
Recent activity as signatory:
• Camber Property Group borrowed $44.5 million from Enterprise Community Partners for 1850 Lafayette Avenue and 1850 Lafayette Avenue, Soundview, Bronx on December 29, 2023.
• Richard Gropper filed plans for major alteration for 1 sqft in Soundview, Bronx, on November 15, 2023.
• Camber Property Group borrowed $88.3 million from Citibank for 13-16 Beach Channel Drive, 13-12 Beach Channel Drive, and 13-24 Beach Channel Drive, Far Rockaway, Queens on September 15, 2022.
• Camber Property Group borrowed $8 million from CitiBank for 13-16 Beach Channel Drive, 13-12 Beach Channel Drive, and 1324 Beach Channel Drive, Far Rockaway, Queens on May 11, 2022.
• Camber Property Group borrowed $22 million from Greystone & Co. for 107 West 109th Street, the Upper West Side, Manhattan on January 22, 2021.
• Camber Property Group borrowed $27.7 million from Greystone & Co. for 124 West 114th Street and 1871 Adam C Powell Blvd, Central Harlem, Manhattan on January 22, 2021.