Joyland Management
(Hamilton Eastman, Joyland Group)
Services
Asset Manager
4403 15th Avenue, Suite 530 Brooklyn, NY 11218
People:
Joyland Management NYC portfolio
$668.9 million -development 37%, specialty 17%, industrial 14%; Brooklyn 75%, Bronx 11%, Staten Island 8%*
343th largest portfolio by dollar value
394,838 sqft – retail 27%, O3 16%, D6 16%; Staten Island 34%, Bronx 25%, Brooklyn 21%
1012th largest by SF
25 properties – Bronx 46%, Brooklyn 30%, Staten Island 11%
412th largest
704 residential units – Brooklyn 92%, Bronx 3%, Queens 3%
455th 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: 13 for $661.3 million
Top Ten Associated Companies:
David Tabak (2), Levon Capital (2), Slate Property Group (2), Safra National Bank (1), Webster Bank (1), Corebridge Financial (1), Blackstone Group (1), Carlyle Group (1), Z+G Property Group (1), iCross Capital (1)
Top Ten Associated People:
Meir D. Tabak (2), Stephan Mazzacca (1), Charles Shafer (1), James Calcado (1), Kevin Pivnick (1), Wonjoong Kim (1), Shimon Mersits (1), Shimon Meisels (1), Lily Guo (1), Joseph Grunwald (1)
Recent activity as company:
• Joyland Group borrowed $7.8 million from NCC Capital for 583 Jackson Avenue on June 25, 2026.
• 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.
• Joyland Management borrowed $27 million from Levon Capital for 258 West 35 Street on February 02, 2026.
• Cayre Equities sold 258 West 35 Street for $26.2 million to Joyland Management on February 02, 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 David Tabak on January 21, 2026.
• Joyland Management borrowed $30 million from Levon Capital for 155 Broadway 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.
Latest Stories:
• David Tabak, Borough Developers sign $23.5M loan for 99-unit Williamsburg project (June 10, 2026)
• 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)
Properties: