BFC Partners
Owner, Developer
Private Equity
150 Myrtle Ave, Suite 2 Brooklyn, NY 11201
People:
BFC Partners NYC portfolio
$350.8 million -elevator 68%, development 25%, specialty 3%; Brooklyn 86%, Staten Island 10%, Manhattan 2%*
603th largest portfolio by dollar value
1,038,597 sqft – elevator 90%, specialty 7%, office 1%; Staten Island 52%, Brooklyn 41%, Manhattan 5%
461th largest by SF
15 properties – Brooklyn 75%, Staten Island 15%, Manhattan 10%
660th largest
1,045 residential units – Staten Island 60%, Brooklyn 33%, Manhattan 5%
305th 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), Citibank (1), Yechiel Newhouse (1), Sollevare Group (1), EPR Properties (1), Settlement Housing Fund (1), Goldman Sachs (1)
Top Ten Associated People:
Yechiel Newhouse (1), Paul R. Turvey (1), Ruth Moreira (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 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.
• BFC Partners sold None for $16 million to Settlement Housing Fund on December 16, 2021.
Latest Stories:
• Sollevare Group pays $7M to BFC Partners for mixed-use in Boerum Hill (November 28, 2025)
• BFC Partners signs $207.1M construction loan for 420-unit project in Coney Island (July 14, 2025)
• BFC Partners plans 430-unit building in Coney Island (October 02, 2023)
• BFC Partners files plans for a 274-unit residential building in Staten Island (May 08, 2020)
Court Records:
Properties:
