Wolfe Landau
Owner
Wolfe Landau portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$42 million – elevator 92%, walkup 7%; Brooklyn 100%, Manhattan 0%
1048th largest portfolio by dollar value
245,318 sqft – elevator 93%, walkup 6%;
1009th largest by SF
3 properties – Brooklyn 100%, Manhattan 0%
154th largest
204 residential units – Brooklyn 100%, Manhattan 0%
595th largest by residential units
2 foreclosures, 0 bankruptcies, 10 other court cases.
Person Activity past 24 months:
Buyer signatory: 8 for $125.5 million
Seller signatory: 1 for $4 million
Borrower signatory: 7 for $263.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (5), Roman Catholic Church (3), Roman Catholic Church of St. Patrick (2), Bridge City Funding (1), Phillip Miller (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1), Cannon Hill Capital Partners (1)
Top Ten Associated People:
Kenneth A. Stagnari (3), Harry J. Torres (2), Phillip Miller (1), Jacob Marciano (1), Gianpietro Pecora (1), Josephine M. Troia (1), Menachem M. Deutsch (1), Michael L. Landsman (1), Eric Rubin (1), Louis Lebovits (1)
Recent activity as signatory:
• Watermark Capital Group borrowed $70 million from Slate Property Group for 41-02 Crescent Street, Long Island City, Queens on December 04, 2024.
• Watermark Capital Groupand Maguire Capital Group borrowed $42.5 million from Daryl Hagler for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.
• Watermark Capital Groupand Maguire Capital Group borrowed $23 million from Genesis Holdings Management for 6208 8th Avenue, Dyker Heights, Brooklyn on November 22, 2024.
• Jacob Marciano sold 208 Livingston Street, 50 Hoyt Street, 44 Hoyt Street, 42 Hoyt Street, 48 Hoyt Street, and others, Boerum Hill, Brooklyn for $10.1 million to Watermark Capital Group on September 18, 2024.
• Watermark Capital Group borrowed $10.5 million from S3 Capital for 144 St Felix Street, Fort Greene, Brooklyn on August 28, 2024.
• Hanson Place Central Methodist Episcopal Church sold 144 St Felix Street, Fort Greene, Brooklyn for $15 million to Watermark Capital Group on July 05, 2024.
• Khedouri Associates sold 159-02 Hillside Avenue, Jamaica, Queens for $4.3 million to Watermark Capital Group on June 10, 2024.
• Watermark Capital Group borrowed $59 million from BridgeCity Capital for 175 Pearl Street, Downtown Brooklyn, Brooklyn on June 04, 2024.
• Cannon Hill Capital Partners sold 175 Pearl Street, Downtown Brooklyn, Brooklyn for $66.5 million to Watermark Capital Group on June 04, 2024.
• Gianpietro Pecoraand Josephine M. Troia sold 41-02 Crescent Street, Long Island City, Queens for $15 million to Watermark Capital Group on December 28, 2023.
Latest Stories:
• Watermark Capital files plans for 198 units at $66.5M Downtown Brooklyn parcel October 02, 2024
• Watermark pays $15M for church dev site in Fort Greene July 08, 2024
• Watermark sues former Sunset Park dev site owner for $10M June 18, 2024
• Watermark Capital signs $15M ground lease for LIC dev site December 29, 2023
• Menachem Deutsch pays $4M to Watermark Capital for 8-unit walkup in Bed Stuy September 11, 2023
Litigation: