BFC Partners

Owner, Developer

Private Equity

150 Myrtle Ave, Suite 2 Brooklyn, NY 11201

bfcnyc.com

People:

To see the 4 people from this company you need a Professional level subscription

Subscribe ($125/month)

BFC Partners NYC portfolio

$350.8 million -elevator 68%, development 25%, specialty 3%; Brooklyn 86%, Staten Island 10%, Manhattan 2%*

620th largest portfolio by dollar value

1,038,597 sqft – elevator 90%, specialty 7%, office 1%; Staten Island 52%, Brooklyn 41%, Manhattan 5%

473th largest by SF

15 properties – Brooklyn 75%, Staten Island 15%, Manhattan 10%

678th largest

1,465 residential units – Brooklyn 52%, Staten Island 43%, Manhattan 3%

232th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $34 million

Seller company: 2 for $28.3 million

Borrower company: 2 for $220.2 million

Top Ten Associated Companies:

NYC Housing Development Corporation (4), EPR Properties (1), Settlement Housing Fund (1), Goldman Sachs (1), Citibank (1), Yechiel Newhouse (1), Sollevare Group (1)

Top Ten Associated People:

Paul R. Turvey (1), Ruth Moreira (1), Yechiel Newhouse (1)

Recent activity as company:

• L+M Development Partners, Taconic Partners, BFC Partners and Goldman Sachs sold 180 Broome Street, Lower East Side, Manhattan for $21.4 million to EPR Properties on February 19, 2026.

• BFC Partners sold 294 Atlantic Avenue for $7 million to Sollevare Group on November 06, 2025.

• BFC Partners borrowed $207.1 million from NYC Housing Development Corporation for 1729 Surf Avenue on June 26, 2025.

• BFC Partners borrowed $13.1 million from Citibank for 1729 Surf Avenue on February 01, 2025.

• New York City Housing Authority sold West brighton i houses for $34 million to BFC Partners on June 28, 2024.

• BFC Partners sold 55 Richmond Terrace, St George, Staten Island for $350 million to Goldman Sachs on December 20, 2023.

• BFC Partners for Joseph Ferrara filed plans for new building for 421,740 sqft in Coney Island, Brooklyn, on September 27, 2023.

• BFC Partners borrowed $12.7 million from NYC Housing Development Corporation for 1089 President Street, 1089 President Street, 1101 President Street, 1101 President Street, 1101 President Street, and others, Crown Heights, Brooklyn on July 18, 2023.

• L+M Development Partners and BFC Partners sold 450 Kent Avenue, Williamsburg, Brooklyn for $16 million to Yechiel Newhouse on January 19, 2023.

• BFC Partners borrowed $139 million from NYC Housing Development Corporation for None on December 22, 2021.