Bushburg Properties
(Bushburg)
Owner, Developer
1 Pennsylvania Plaza, Suite 1115, New York, NY 10119
3611 14th Ave Suite 400 Brooklyn, NY 11218
People:
Bushburg Properties NYC portfolio
$771.1 million -office 71%, industrial 18%, elevator 7%; Manhattan 68%, Brooklyn 26%, Queens 4%*
296th largest portfolio by dollar value
1,895,202 sqft – office 83%, elevator 8%, walkup 6%; Manhattan 78%, Brooklyn 18%, Queens 2%
258th largest by SF
9 properties – Brooklyn 72%, Manhattan 18%, Queens 9%
1109th largest
750 residential units – Brooklyn 93%, Queens 6%
426th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $230 million
Seller company: 1 for $68.4 million
Borrower company: 4 for $662.4 million
Developer (new building or major alteration): 3 for 2,597,986 square feet
Top Ten Associated Companies:
Cross River Bank (2), OakNorth Bank (1), Jovia Financial Federal Credit Union (1), Kearny Bank (1), MF1 Capital (1), Webster Bank (1), Pine Financial Ltd. (1), PIMCO (1), Carlyle Group (1), Z+G Property Group (1)
Top Ten Associated People:
Kenneth Stevenson (1), Allan J. Weiss (1), Jonathan Pfeil (1), Yonathon Whitehouse (1), Annice Conolly (1), Jason Hart (1), Victor S. Brown Jr. (1), Roland M. Cablayan (1), Christopher Harris (1), Mrinal Dansingani (1)
Recent activity as company:
• Bushburg Properties for Abraham Hoffman filed plans for major alteration for 1,096,528 sqft in Financial District, Manhattan, on March 27, 2026.
• Bushburg Properties for Abraham Hoffman filed plans for major alteration for 404,930 sqft in Financial District, Manhattan, on March 03, 2026.
• John Hancock Life Insurance sold 78 John Street for $70 million to Bushburg Properties on December 12, 2025.
• Bushburg Properties borrowed $78 million from OakNorth Bank for 78 John Street on December 12, 2025.
• Bushburg Properties borrowed $320 million from Deutsche Bank for 134 Maiden Lane on July 29, 2025.
• Bushburg Properties sold 132 Chauncey Street for $68.4 million to Smith & Henzy Affordable Group on June 24, 2025.
• Bushburg Properties borrowed $130 million from MF1 Capital for 2840 Atlantic Avenue, 191 Schenck Avenue, and 260 Barbey Street, East New York, Brooklyn on November 19, 2024.
• Bushburg Properties for Abraham Hoffman filed plans for major alteration for 1,096,528 sqft in Financial District, Manhattan, on October 10, 2024.
• Rudin Management sold 134 Maiden Lane for $160 million to Bushburg Properties on September 06, 2024.
• Bushburg Properties borrowed $134.4 million from Pine Financial Ltd. for 134 Maiden Lane on September 06, 2024.
Latest Stories:
• Bushburg Properties pays $70M to John Hancock for office in Financial District (December 29, 2025)
• Bushburg Properties signs $130M refi for 640-unit complex in East New York (December 03, 2024)
• Bushburg files plans for 500-unit FiDi conversion at former Rudin office tower (October 14, 2024)
• Bushburg pays $160M for 80 Pine, borrows $134M (September 18, 2024)
• Bushburg Properties signs $16.5M refi for two properties in East Williamsburg (July 13, 2023)
• Bushburg signs $105M construction loan for 320-unit project in East New York (June 22, 2022)
Court Records:
Properties:
