Blue Sea Development Company
122 E 42nd St Ste 1512 New York, NY 10017
60 E 42nd St #1010 New York, NY 10165
People:
Blue Sea Development Company NYC portfolio
$123 million -development 74%, condo 14%, walkup 10%; Brooklyn 74%, Manhattan 25%*
1348th largest portfolio by dollar value
294,233 sqft – development 69%, condo 22%, walkup 7%; Brooklyn 69%, Manhattan 30%
1213th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
2250th largest
451 residential units – Brooklyn 78%, Manhattan 21%
645th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $18 million
Top Ten Associated Companies:
NYC Housing Development Corporation (1), Lument (1), Principal Real Estate Investors (1)
Top Ten Associated People:
Corey Morse (1), Lindsay L. Janke (1), Julie M. Williams (1)
Recent activity as company:
• Blue Sea Development Company borrowed $18 million from Principal Real Estate Investors for 225 8th Avenue, 219 8th Avenue, and 303A West 21st Street, Chelsea, Manhattan on June 16, 2026.
• Blue Sea Development Company for Les Bluestone filed plans for new building for 295,745 sqft in Brownsville, Brooklyn, on April 18, 2024.
• Blue Sea Development Company borrowed $69.3 million from NYC Housing Development Corporation for Linden street on June 30, 2022.
• Blue Sea Development Company borrowed $48 million from Lument for 95 Lenox Avenue on December 30, 2021.
Latest Stories:
• Blue Sea Development signs $48M loan with ORIX for elevator building in Harlem (January 28, 2022)
• Avenal Development borrows $48M from Orix for 322 rental units in Central Harlem (April 12, 2021)
Properties: