Prosper Property Group
People:
Prosper Property Group NYC portfolio
$111 million* – mixed-use 43%, office 43%; Manhattan 50%, Brooklyn 43%
1127th largest portfolio by dollar value
129,210 sqft – office 80%, mixed-use 11%;
1642th largest by SF
5 properties – Manhattan 60%, Brooklyn 20%
1559th largest
10 residential units – Queens 100%, Manhattan 0%
4085th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $64.8 million
Borrower company: 2 for $63.2 million
Top Ten Associated Companies:
Alan Katz (1), Ronald Katz (1), Klirmark Capital (1), Kriss Capital (1), Argentic Investment Management (1), Meadow Partners (1), Virgil Chong (1), Fieldpoint Private Bank & Trust (1), Paul Stallings (1)
Top Ten Associated People:
Ronald Katz (1), Ryan Supple (1), Jeffrey Kaplan (1), Virgil Chong (1), Adam P. Ercoli (1), Thomas L. Gazianis (1)
Recent activity as company:
• Prosper Property Group and Urban Capital Group borrowed $32 million from Klirmark Capital and Kriss Capital for 34 Walker Street and 32 Walker Street, Tribeca, Manhattan on March 07, 2025.
• Alan Katz and Ronald Katz sold 34 Walker Street, Tribeca, Manhattan for $11.6 million to Prosper Property Group and Urban Capital Group on March 04, 2025.
• Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities borrowed $31.2 million from Argentic Investment Management for 57 Willoughby Street, Downtown Brooklyn, Brooklyn on August 09, 2024.
• Meadow Partners sold 57 Willoughby Street, Downtown Brooklyn, Brooklyn for $48 million to Prosper Property Group, Zuccarello Zerillo & Company and GRA Equities on August 09, 2024.
• Virgil Chong sold 305-307 Church Street, Tribeca, Manhattan for $5.2 million to Prosper Property Group on February 07, 2024.
• Prosper Property Group borrowed $5 million from Fieldpoint Private Bank & Trust for 27-10 37th Avenue, Long Island City, Queens on September 30, 2022.
• Prosper Property Group for Damien Smith filed plans for new building for 149,866 sqft in Rego Park, Queens, on September 03, 2021.
• Paul Stallings sold 61 Pitt Street, Lower East Side, Manhattan for $8.5 million to Prosper Property Group on July 13, 2020.
Latest Stories:
• Prosper Property Group pays $11.6M for mixed-use in Tribeca, owns adjacent corner (March 05, 2025)
• Prosper Property Group pays $5.2M for mixed-use in Tribeca (February 08, 2024)
• Meadow signs $59.4M refi with Fortress for office building in Downtown Brooklyn (October 04, 2021)
• Damien Smith signs $22M construction loan with Parkview Financial for LES project (May 21, 2021)
• Prosper Property Group pays $10.5M to Paul Stallings for LES development site (July 14, 2020)
Properties: