Boomerang Development Group
People:
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Boomerang Development Group portfolio
$886,000* – development 100%; Manhattan 100%, Bronx 0%
6447th largest portfolio by dollar value
14 residential units – Manhattan 100%, Bronx 0%
3729th largest by residential units
Top Ten Associated Companies:
Spruce Capital (2)
Top Ten Associated People:
Robert Schwartz (1)
Recent activity as company:
• Boomerang Development Group borrowed $26 million from Spruce Capital for 323 East 79th Street, Yorkville, Manhattan on April 01, 2021.
• Spruce Capital sold 323 East 79th Street, Yorkville, Manhattan for $13.7 million to Boomerang Development Group on April 01, 2021.
Latest Stories:
• Boomerang Development files 15-unit, $59M condo plan in Yorkville (September 02, 2022)
Properties:
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.