Bluestone Group
225 Broadway, 32nd Floor New York, NY 10007
People:
Bluestone Group NYC portfolio
$109.4 million -condo 61%, elevator 21%, specialty 10%; Queens 61%, Brooklyn 21%, Bronx 16%*
1413th largest portfolio by dollar value
292,446 sqft – condo 66%, elevator 15%, specialty 11%; Queens 66%, Bronx 17%, Brooklyn 15%
1206th largest by SF
8 properties – Bronx 66%, Queens 22%, Brooklyn 11%
1316th largest
197 residential units – Queens 73%, Brooklyn 23%, Bronx 3%
1158th largest by residential units
183 foreclosures, 184 bankruptcies, 640 other court cases.
Top Ten Associated Companies:
Kassin Sabbagh Realty (3), Anibal Gomez (2), Signature Bank (2), Glass Stone Properties (1), Cheskel Schwimmer (1), Centennial Bank (1), Madison Realty Capital (1), TriState Capital Bank (1), Joel Weiss (1), Yan Moshe (1)
Top Ten Associated People:
Abraham Kassin (3), Anibal Gomez (2), Cheskel Schwimmer (1), Kenneth A. Stagnari (1), Robert Gambitsky (1), Joel Weiss (1)
Recent activity as company:
• Extell Development, Bluestone Group and Princeton Real Estate Partners sold 624 11 Avenue for $33.2 million to Cheskel Schwimmer on March 21, 2024.
• Extell Development, Bluestone Group and Princeton Real Estate Partners sold 175 Spring Street for $21 million to Glass Stone Properties on February 16, 2024.
• Samuel Pfeiffer sold 1074 42 Street for $12.3 million to Bluestone Group on October 19, 2023.
• Bluestone Group sold 450 East 144 Street for $3.3 million to Joel Weiss on September 18, 2023.
• Bluestone Group borrowed $8.5 million from TriState Capital Bank for 609 Jackson Avenue on May 31, 2023.
• Bluestone Group sold 87-28 58 Avenue for $5 million to Kassin Sabbagh Realty on April 18, 2023.
• Bluestone Group sold 90-02 Queens Boulevard, Elmhurst, Queens for $10.4 million to Kassin Sabbagh Realty on April 18, 2023.
• Bluestone Group sold 90-02 Queens Boulevard, Elmhurst, Queens for $8 million to Kassin Sabbagh Realty on April 18, 2023.
• Bluestone Group sold 3225 East Tremont Avenue for $1.1 million to Anibal Gomez on April 05, 2023.
• Bluestone Group sold 3221 East Tremont Avenue for $5.2 million to Anibal Gomez on April 05, 2023.
Latest Stories:
• Bluestone Group sues Jeffrey Wu over $15.3M mezz guaranty at Chinatown retail (May 10, 2026)
• Cheskel Schwimmer ups debt to $95M at Hell’s Kitchen dev site (April 01, 2025)
• Jacob Fulop pays $10M to Madison Realty Capital for dev site in Borough Park (January 15, 2025)
• Silvera Properties files plans for two-tower, 60-unit building in Chelsea (December 19, 2024)
Court Records:
Properties: