Joyland Management
(Joyland Group, Hamilton Eastman)
Services
Asset Manager
4403 15th Avenue, Suite 530 Brooklyn, NY 11218
People:
Joyland Management NYC portfolio
$741.6 million -development 33%, specialty 22%, industrial 17%; Brooklyn 68%, Manhattan 14%, Bronx 8%*
312th largest portfolio by dollar value
553,278 sqft – industrial 22%, retail 19%, specialty 14%; Manhattan 40%, Staten Island 24%, Brooklyn 15%
769th largest by SF
18 properties – Brooklyn 42%, Manhattan 21%, Staten Island 15%
543th largest
636 residential units – Brooklyn 94%, Queens 4%
486th largest by residential units
Notes
Joyland Management is a property management firm, and an affiliate of Joel Wetzberger’s Hamilton Eastman, a real estate holding company that owns Joyland Group, Joyland Managment.
Company Activity past 24 months:
Buyer company: 6 for $135.1 million
Seller company: 4 for $164.7 million
Borrower company: 12 for $653.5 million
Developer (new building or major alteration): 1 for 29,595 square feet
Top Ten Associated Companies:
Slate Property Group (2), Watermark Capital Group (2), Levon Capital (2), EcoRise Development (1), Cross River Bank (1), Sterling National Bank (1), Maxim Capital Group (1), G4 Capital Partners (1), S3 Capital (1), Kearny Bank (1)
Top Ten Associated People:
Meir D. Tabak (2), Anthony Yelovich (1), Christina Chiu (1), Martin Davidson (1), Anna Gutteridge (1), Wonjoong Kim (1), Vincent J. Reilly (1), Stephan Mazzacca (1), Charles Shafer (1), James Calcado (1)
Recent activity as company:
• Joyland Management sold None for $46 million to Empire State Realty Trust on March 27, 2026.
• Joyland Management borrowed $38 million from Safra National Bank for 319 East 17 Street on March 17, 2026.
• Cayre Equities sold 258 West 35 Street for $26.2 million to Joyland Management on February 02, 2026.
• Joyland Management borrowed $27 million from Levon Capital for 258 West 35 Street on February 02, 2026.
• Joyland Management borrowed $30 million from Levon Capital for 155 Broadway on January 21, 2026.
• Madison Realty Capital sold 155 Broadway for $30 million to Joyland Management on January 21, 2026.
• Joyland Management ground leased 155 Broadway valued at $3.1 million to Watermark Capital Group on January 21, 2026.
• Joyland Management, Meral Property Group and Loketch Group sold None for $105 million to Carlyle Group and Z+G Property Group on December 30, 2025.
• Allan Lebovits and Joyland Group borrowed $190 million from Corebridge Financial and Blackstone Group for 26 Boerum Street on November 07, 2025.
• Anthony Borruso ground leased 259 Douglass Street valued at $0 to Joyland Group on September 25, 2025.
Latest Stories:
• Empire State Realty Trust pays $46M to Joyland for retail in Williamsburg (April 06, 2026)
• Joyland Group, Allan Lebovits sign $190M refi with Corebridge in Williamsburg (November 19, 2025)
• Joyland Group signs contract for dev site in Gowanus, no DOB plans yet (September 30, 2025)
• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)
Properties: