EMP Capital Group
(EMP Capital)
433 Broadway, 2nd Floor New York, NY 10013
People:
EMP Capital Group NYC portfolio
$423.9 million -industrial 52%, mixed-use 47%; Brooklyn 96%, Queens 3%*
515th largest portfolio by dollar value
61,101 sqft – industrial 78%, mixed-use 21%; Brooklyn 88%, Queens 11%
3101th largest by SF
9 properties – Brooklyn 90%, Queens 9%
1116th largest
495 residential units – Brooklyn 100%
591th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $26 million
Seller company: 1 for $25 million
Borrower company: 4 for $439.8 million
Developer (new building or major alteration): 1 for 99,411 square feet
Top Ten Associated Companies:
QuadReal Property Group (4), JLL (1), Creed Equities (1), OakNorth Bank (1), Dime Community Bank (1), Ready Capital (1), Acadia Realty Trust (1), Investment Property Exchange Services (1)
Top Ten Associated People:
Paul Stern (4), Rhonda D. Peare (1), Robert Pearce (1), Melissa Perez (1)
Recent activity as company:
• Jeffrey Sitomer and Jeff Gruebel sold None for $15.4 million to EMP Capital Group on February 17, 2026.
• EMP Capital Group borrowed $150 million from QuadReal Property Group for 874 Atlantic Avenue on February 17, 2026.
• EMP Capital Group for Elie Pariente filed plans for new building for 99,411 sqft in Crown Heights, Brooklyn, on January 13, 2026.
• EMP Capital Group borrowed $140 million from QuadReal Property Group for 1044 Atlantic Avenue on November 25, 2025.
• EMP Capital Group sold 149 Spring Street for $25 million to Creed Equities on September 18, 2025.
• EMP Capital Group borrowed $39.8 million from JLL for 979 Pacific Street, 979 Pacific Street, and 979 Pacific Street, Crown Heights, Brooklyn on May 30, 2025.
• Crosstown Companies sold 914 Atlantic Avenue for $7 million to EMP Capital Group on May 22, 2025.
• Iqbal Hussain sold 1001 Pacific Street for $3.6 million to EMP Capital Group on February 14, 2025.
• EMP Capital Group borrowed $110 million from QuadReal Property Group for 874 Atlantic Avenue on May 01, 2024.
• EMP Capital Group borrowed $109 million from QuadReal Property Group for None on December 22, 2023.
Latest Stories:
• EMP Capital Group pays $15.4M for dev site in Astoria (February 20, 2026)
• EMP Capital ups debt to $140M with QuadReal for 474 units in Crown Heights (December 15, 2025)
• EMP Capital Group signs $39.8M refi with JLL for 69-unit rental in Crown Heights (June 09, 2025)
• EMP Capital Group pays $7M for possible dev site in Crown Heights (June 03, 2025)
• EMP Capital Group pays $3.6M for dev site in Crown Heights (February 27, 2025)
Properties: