Simon Kaufman
YS Developers
Developer, Owner
107 Lorimer St, Brooklyn, NY
YS Developers portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$5.9 million – elevator 100%; Brooklyn 100%, Manhattan 0%
3489th largest portfolio by dollar value
27,552 sqft – elevator 100%;
3697th largest by SF
35 residential units – Brooklyn 100%, Manhattan 0%
763th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $6 million
Seller signatory: 0 for $0
Borrower signatory: 4 for $225.6 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Greystone & Co. (4), Valley National Bank (2), New York Community Bank (2), BridgeCity Capital (2), Grasshopper Bank (1), Joseph Riegler (1), CPC Mortgage Company (1), Berkadia Commercial Mortgage (1), SCALE Lending (1), Levon 310 (1)
Top Ten Associated People:
Ann S. Wilhelm (2), Hillel Lazarus (2), Arthur M. Birenbaum (1), Sharon Briskman (1), Barbara Masi (1), Joseph Riegler (1), James Hodak (1), H. Michael Lynch (1), Tricia Baker (1)
Recent activity as signatory:
• Simon Kaufman borrowed $70.8 million from Greystone & Co. for 310 Grand Concourse, Mott Haven, Bronx on December 02, 2024.
• Joseph Riegler sold 400 Thatford Avenue, Brownsville, Brooklyn for $6 million to Simon Kaufman on June 04, 2024.
• Simon Kaufman for 400 Thatford Residence Llc filed plans for major alteration for 25,010 sqft in Brownsville, Brooklyn, on May 13, 2024.
• Simon Kaufman borrowed $63 million from Greystone & Co. for 322 Grand Concourse, Mott Haven, Bronx on September 28, 2023.
• Simon Kaufman borrowed $63 million from Greystone & Co. for N/A Grand Concourse, Mott Haven, Bronx on September 20, 2023.
• Simon Kaufman borrowed $28.9 million from Greystone & Co. for 26-34 Sherman Avenue, Washington Heights, Manhattan on August 28, 2023.
• Simon Kaufman borrowed $5.9 million from Grasshopper Bank for 130 Harrison Avenue, Williamsburg, Brooklyn on September 12, 2022.
• Simon Kaufman borrowed $5.5 million from Piermont Bank for 508 Seneca Avenue, Ridgewood, Queens on April 21, 2022.
• Simon Kaufmanand Jacob Schwimmer for 159 Third Residence Llc filed plans for new building for 92,098 sqft in Gowanus, Brooklyn, on February 11, 2022.
• Simon Kaufman borrowed $17.9 million from Valley National Bank for 26 Sherman Avenue, Washington Heights, Manhattan on February 10, 2022.