Acadia Realty Trust
411 Theodore Fremd Ave, Suite 300 Rye, NY 10580
People:
Acadia Realty Trust NYC portfolio
$1.1 billion* – condo 70%, retail 10%, D0 7%; Brooklyn 50%, Manhattan 42%, Queens 7%
158th largest portfolio by dollar value
1,123,393 sqft – condo 63%, retail 10%, office 9%;
310th largest by SF
24 properties – Manhattan 66%, Brooklyn 27%, Queens 5%
386th largest
184 residential units – Manhattan 97%, Brooklyn 2%
975th largest by residential units
0 foreclosures, 1 bankruptcy, 4 other court cases.
Company Activity past 24 months:
Buyer company: 13 for $341.5 million
Seller company: 1 for $48.2 million
Borrower company: 1 for $33 million
Top Ten Associated Companies:
Brookfield Properties (4), City Urban Realty (2), Bank of America (2), Thor Equities (2), Vallario family (1), Ciuffo family (1), Bridge Investment Group (1), SL Green Realty (1), Namdar Realty Group (1), MARK Capital Management (1)
Top Ten Associated People:
Jake Nathan (4), Michael Alvandi (2), Joseph P. Vallario (1), James Chung (1), David Israel (1), Jason Blacksberg (1), Mark D. Mermel (1), Bryan Sather (1), Cary Kleinmam (1), Steven Elghanayan (1)
Recent activity as company:
• City Urban Realty and Namdar Realty Group sold 97 North 6th Street, Williamsburg, Brooklyn for $27.5 million to Acadia Realty Trust on April 09, 2025.
• City Urban Realty sold 95 North 6th Street, Williamsburg, Brooklyn for $21 million to Acadia Realty Trust on April 09, 2025.
• SL Green Realty sold 85 5th Avenue, Flatiron District, Manhattan for $46.8 million to Acadia Realty Trust on April 11, 2025.
• Paceline Equity Partners sold 106 Spring Street, SoHo, Manhattan for $55 million to Acadia Realty Trust on January 09, 2025.
• EPIC LLC sold 73 Wooster Street, SoHo, Manhattan for $25.4 million to Acadia Realty Trust on January 09, 2025.
• MARK Capital Management sold 109 North 6th Street, Williamsburg, Brooklyn for $18.9 million to Acadia Realty Trust on October 24, 2024.
• Vallario family and Ciuffo family sold 141 Berry Street, Williamsburg, Brooklyn for $35 million to Acadia Realty Trust on October 11, 2024.
• Continental Ventures sold 92 Greene Street, 92 Greene Street, and 109 Mercer Street, SoHo, Manhattan for $43.4 million to Acadia Realty Trust on October 17, 2024.
• Brookfield Properties sold 367-369 Bleecker Street, West Village, Manhattan for $4.8 million to Acadia Realty Trust on September 19, 2024.
• Brookfield Properties sold 387 Bleecker Street, West Village, Manhattan for $1.6 million to Acadia Realty Trust on September 19, 2024.
Latest Stories:
• Acadia Realty Trust pays $21M to City Urban Realty for retail in Williamsburg (April 21, 2025)
• Acadia pays SL Green Realty, partner $46.8M for retail co-op in Flatiron District (April 17, 2025)
• Acadia pays $55M for retail co-op unit in SoHo (January 20, 2025)
• Acadia pays $25.4M to EPIC LLC for retail condo in SoHo (January 15, 2025)
• Acadia Realty Trust pays $18.9M to MARK Capital Mgmt. for Williamsburg retail (November 06, 2024)
• Acadia pays $35M for retail in Williamsburg near ESRT holdings (October 24, 2024)
• Contract vendee files bankruptcy over $20M deal with Acadia Realty in SI (August 03, 2023)
Court Records:
Properties: