Heritage Equity Partners

People:

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Company Activity past 24 months:

Seller company: 3 for $136.5 million

Top Ten Associated Companies:

Be-Aviv (1), Hutton Capital (1), Aaron Jungreis (1), BridgeCity Capital (1), Quadrum Global (1), Fortress Investment Group (1), Sam Rubin (1), Robert Newblatt (1), Madison Realty Capital (1)

Top Ten Associated People:

Leeor Amsalem (1), Anoop Rustgi (1), Jared White (1), David Sims (1), Sam Rubin (1)

Recent activity as company:

Heritage Equity Partners sold 286 Rider Avenue, Mott Haven, Bronx for $15 million to Sam Rubin on May 20, 2024.

Heritage Equity Partners sold 215 Moore Street, 225 Moore Street, 201 Moore Street, 203 Moore Street, 216 Seigel Street, and others, East Williamsburg, Brooklyn for $25.5 million to Fortress Investment Group on October 13, 2023.

Heritage Equity Partners and Heritage Equity Partners bankrupt sold 96 Wythe Avenue, Williamsburg, Brooklyn for $96 million to Quadrum Global on May 02, 2023.

Heritage Equity Partners sold 227 Grand Street and 227 Grand Street, Williamsburg, Brooklyn for $41.5 million to Hutton Capital, Aaron Jungreis and BridgeCity Capital on October 20, 2022.

Heritage Equity Partners borrowed $48 million from Madison Realty Capital for 867 4th Avenue, Sunset Park, Brooklyn on February 10, 2021.

Heritage Equity Partners borrowed $8 million from Be-Aviv for 286 Rider Avenue, Mott Haven, Bronx on September 30, 2019.

• Robert Newblatt sold 286 Rider Avenue, Mott Haven, Bronx for $10 million to Heritage Equity Partners on September 30, 2019.

Latest Stories:

• Rubin Equities signs $36M construction loan for 107-unit project in Mott Haven (January 08, 2025)

• William Rothner signs $66M refi for new 150-unit rental in Greenwood Heights (November 26, 2024)

• Bungalow Projects files plans for 307K sf movie studio in East Williamsburg, paid $49M for site (August 26, 2024)

• Highly litigated Heritage Equity dev site in Mott Haven sold for $15M to Sam Rubin (May 21, 2024)

• Bungalow Projects pays $41.45M to Fortress, Aview for former Heritage sites (January 08, 2024)

• Fortress acquires Heritage’s East Williamsburg dev site valued at $25.5M (October 16, 2023)

• Benefit Street sues Toby Moskovits, Michael Lichtenstein for $29M (May 15, 2023)

• Quadrum Global acquires Williamsburg Hotel for $96M out of bankruptcy (May 03, 2023)

• Nahman Lichtenstein signs $64M refi with Varde Partners for 150-unit project in Greenwood Heights (April 05, 2023)

• Lenders pick up 41-unit Williamsburg rental from Heritage Equity following bankruptcy (October 21, 2022)

Court Records:

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