Firebird Grove
(Oculus)
131 Spring Street, Suite 405 New York, New York 10012
People:
Firebird Grove NYC portfolio
$337.3 million -walkup 41%, mixed-use 33%, C0 7%; Manhattan 59%, Brooklyn 40%*
715th largest portfolio by dollar value
363,275 sqft – walkup 54%, mixed-use 33%, elevator 5%; Brooklyn 50%, Manhattan 49%
1125th largest by SF
51 properties – Brooklyn 54%, Manhattan 45%
195th largest
406 residential units – Manhattan 57%, Brooklyn 42%
741th largest by residential units
Notes
Website: In 2020, Berggruen Holdings and Firebird Grove began a partnership, Oculus, to build a long-term, customized investment portfolio of multi-family properties in New York City, with a specific focus on historic buildings in Brooklyn.
Company Activity past 24 months:
Buyer company: 2 for $32.9 million
Seller company: 4 for $13.9 million
Borrower company: 2 for $35 million
Top Ten Associated Companies:
Signature Bank (2), Derby Copeland Capital (2), Owemanco (1), AXG Management (1), Bank of America (1), Series 2019-B10 (1), Morgan Stanley (1), New York Community Bank (1), Joseph Daskal (1), Dime Community Bank (1)
Top Ten Associated People:
Gregory Fantauzzi (2), Sohail Zayona (1), Chengronghao Gu (1), Jesse Hutcher (1), George Laughney (1), Alan L. Kaufman (1), Joseph Daskal (1), Suzanne Castagna (1), Joseph E. Safdie (1)
Recent activity as company:
• Firebird Grove borrowed $20 million from Morgan Stanley for 9 Patchin Place on May 20, 2026.
• Firebird Grove sold 40 4 Avenue for $3 million to Joseph Daskal on April 22, 2026.
• Firebird Grove sold 665 St Marks Avenue for $3.8 million to Owemanco on March 30, 2026.
• Firebird Grove sold 667 5 Avenue for $2.2 million to JSAF Capital on August 21, 2025.
• Firebird Grove sold 303 Bedford Avenue for $4.8 million to Suzanne Castagna on April 23, 2025.
• Berggruen Holdings and Firebird Grove borrowed $15 million from Series 2019-B10 for 541 Atlantic Avenue on December 18, 2024.
• Thor Equities sold 541 Atlantic Avenue for $25 million to Berggruen Holdings and Firebird Grove on December 18, 2024.
• Ludlow Property Group sold 164 Ludlow Street for $7.8 million to Firebird Grove on October 08, 2024.
• Firebird Grove sold 66 6 Avenue for $3.9 million to AXG Management on April 11, 2024.
• Firebird Grove borrowed $17 million from Derby Copeland Capital for 9 Patchin Place on February 02, 2024.
Latest Stories:
• Firebird Grove sells mixed-use in Boerum Hill for $3M (May 11, 2026)
• JSAF Capital pays $2.2M to Firebird Grove for mixed-use in Greenwood Heights (August 31, 2025)
• Recent seller pays $4.8M to Firebird Grove for mixed-use in Williamsburg (June 16, 2025)
• Berggruen Holdings, Firebird pay $25M to Thor for 9 rentals in Boerum Hill (January 06, 2025)
• Firebird Grove sells mixed-use in Prospect Heights for $3.9M (April 29, 2024)
• Firebird Grove signs $17M refi with Derby Copeland in Greenwich Village (February 23, 2024)
• Firebird Grove pays $6M for 11-unit walkup in Little Italy (October 06, 2023)
Properties: