Black Bear Asset Management
People:
Black Bear Asset Management NYC portfolio
$107.4 million -condo 71%, walkup 18%, mixed-use 10%; Manhattan 89%, Brooklyn 10%*
1407th largest portfolio by dollar value
174,580 sqft – condo 74%, walkup 18%, mixed-use 7%; Manhattan 92%, Brooklyn 7%
1691th largest by SF
6 properties – Manhattan 66%, Brooklyn 33%
1621th largest
68 residential units – Manhattan 82%, Brooklyn 17%
2174th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $11.2 million
Seller company: 1 for $11.2 million
Borrower company: 1 for $6.3 million
Top Ten Associated Companies:
Morgan Stanley (2), Salvatore Hoo (1), Black Bear Asset Management (1), Jonathan Sanchez (1), Peapack Private Bank & Trust (1), Principal Life Insurance Company (1)
Top Ten Associated People:
Salvatore Hoo (1), Arthur D. Bellini (1), Jonathan Sanchez (1), Randall Williams (1), Cristopher G. Fox (1), Megan McConville (1)
Recent activity as company:
• Black Bear Asset Management sold 226 Seventh Avenue and 400 Seventh Avenue, Park Slope, Brooklyn for $11.2 million to Salvatore Hoo, Black Bear Asset Management and Jonathan Sanchez on March 06, 2026.
• Salvatore Hoo, Black Bear Asset Management and Jonathan Sanchez borrowed $6.3 million from Peapack Private Bank & Trust for 226 Seventh Avenue and 400 Seventh Avenue, Park Slope, Brooklyn on March 06, 2026.
• Black Bear Asset Management borrowed $58 million from Morgan Stanley for 503 Broadway, SoHo, Manhattan on June 07, 2023.
• Black Bear Asset Management borrowed $60 million from Principal Life Insurance Company for 503 Broadway, SoHo, Manhattan on May 20, 2021.
• Black Bear Asset Management borrowed $19.5 million from Morgan Stanley for 72 Forsyth Street on February 06, 2020.
Latest Stories:
• Black Bear Asset Management signs $58M refi for office condo in SoHo (June 13, 2023)
Properties: