Arker Companies
People:
Arker Companies portfolio
$567.3 million* – elevator 43.0%, walkup 19.0%; Brooklyn 48.0%, Bronx 26.0%
106th largest portfolio by dollar value
5,448,521 sqft – elevator 51.0%, walkup 25.0%;
54th largest by SF
105 properties – Brooklyn 45%, Bronx 34%
82th largest
5,559 residential units – Brooklyn 40.0%, Bronx 38.0%
32th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $137.6 million
Seller company: 5 for $169.1 million
Borrower company: 2 for $244.7 million
Top Ten Associated Companies:
Merchants Bank of Indiana (7), Merchants Capital (4), Wells Fargo (3), Tredway (3), Gilbane Development (3), ELH Mgmt. (3), Brookfield Asset Management (3), Phoenix Realty Group (2), Yechiel Newhouse (2), Tishman Speyer (1)
Top Ten Associated People:
Jacqueline Tom (3), Adam Sussi (3), Bianca Geary (2), Ron Orgel (2), Yechiel Newhouse (2), David Augarten (1), Lauren E. Campbell (1), Jonathan Gouveia (1), Bianda Geary (1), Steven Beberman (1)
Recent activity as company:
• Arker Companies borrowed $12.6 million from Merchants Bank of Indiana for 1434 Ogden Avenue and 228-238 Nagle Avenue, Highbridge, Bronx on January 31, 2024.
• Arker Companies, Radson Development and Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on October 30, 2023.
• Arker Companies sold 950 Westchester Avenue, Longwood, Bronx for $10.5 million to Yechiel Newhouse on October 30, 2023.
• Arker Companies borrowed $232.1 million from Merchants Capital for 1134 Union Avenue, 813 East 163rd Street, 611 East 158th Street, 820 Hewitt Place, 1094 Union Avenue, and others, Morrisania, Bronx on October 12, 2023.
• New York City Housing Authority sold 1134 Union Avenue, 813 East 163rd Street, 611 East 158th Street, 820 Hewitt Place, 1094 Union Avenue, and others, Morrisania, Bronx for $137.6 million to Arker Companies and New York City Housing Authority on October 12, 2023.
• Arker Companies and Related Companies sold 2930 West 30th Street, Coney Island, Brooklyn for $61.4 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• Arker Companies and Related Companies sold 2828 West 28th Street, Coney Island, Brooklyn for $28.5 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• Arker Companies and Related Companies sold 2966 West 28th Street, Coney Island, Brooklyn for $60.1 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on June 13, 2023.
• Arker Companies borrowed $39.3 million from Merchants Capital for 22-10 New Haven Avenue, Far Rockaway, Queens on January 06, 2023.
• Arker Companies borrowed $78.5 million from Merchants Capital for 249 Heyson Road, 14-10 New Haven Avenue, and 14-03 Heyson Road, Far Rockaway, Queens on December 20, 2022.
Latest Stories:
• Tishman Speyer files plans for 244-unit project in Edgemere (August 23, 2024)
• Tredway, Gilbane Development, ELH Mgmt. pay Arker, Related $150M (June 14, 2023)
Properties: