S3 Capital

(Spruce Capital)

Lender

535 Madison Ave 19th Floor New York, NY 10022

People:

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S3 Capital NYC portfolio

$16.5 million -walkup 100%; Manhattan 96%, Brooklyn 3%*

3917th largest portfolio by dollar value

13,690 sqft – walkup 100%; Brooklyn 51%, Manhattan 48%

5724th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

4149th largest

17 residential units – Manhattan 52%, Brooklyn 47%

4049th largest by residential units

Company Activity past 24 months:

Lender company: 121 for $2.5 billion

Top Ten Associated Companies:

Greenbrook Partners (1), First Republic Bank (1), Boomerang Development Group (1)

Top Ten Associated People:

Greg Fournier (1), Marco Auteri (1)

Recent activity as company:

Habitat Living NYC borrowed $6.8 million from S3 Capital for 291 Baltic Street, Boerum Hill, Brooklyn on September 09, 2026.

Lael Schultz borrowed $6 million from S3 Capital for None on September 01, 2026.

Candor Capital borrowed $13.8 million from Goldman Sachs for None on August 27, 2026.

David Grunfeld and Joel Wieder borrowed $14 million from Wells Fargo for 61 South 6 Street on August 27, 2026.

Simcha Ludmir borrowed $7 million from S3 Capital for None on August 26, 2026.

Samuel Moskovits borrowed $14 million from S3 Capital for None on August 24, 2026.

David Grinshteyn borrowed $12 million from S3 Capital for 55-19 98 Street on August 21, 2026.

Cheskel Parnes borrowed $13.8 million from S3 Capital for 976 Rogers Avenue on August 19, 2026.

Joseph Daskal borrowed $6.5 million from S3 Capital for None on August 19, 2026.

Mordechai Kahan borrowed $5.8 million from Selfreliance Federal Credit Union for 477 Central Avenue on August 14, 2026.

99c LLC borrowed $22 million from S3 Capital for 291 President Street, 291 President Street, and 336 Union Street, Carroll Gardens, Brooklyn on August 07, 2026.

Bruklyn Builders borrowed $8 million from Societe Generale for 533 Grand Street on July 29, 2026.

Vadem Brodsky borrowed $9.3 million from S3 Capital for None on July 28, 2026.

Trifecta Equities borrowed $7.9 million from Bank of Montreal for 16 Howard Avenue on July 24, 2026.

Atari Realty borrowed $16.5 million from S3 Capital for 6 Howard Avenue on July 20, 2026.

Blue Sky Builders borrowed $8.5 million from Mizrahi-Tefahot Bank for 69 Hope Street on July 08, 2026.

Joel Rubin borrowed $5.2 million from S3 Capital for 128 Stuyvesant Avenue on July 07, 2026.

Mendel Schwimmer borrowed $29 million from S3 Capital for 877 Grand Street on July 07, 2026.

Atari Realty borrowed $9.2 million from Community Federal Savings Bank for 128 Erasmus Street on July 06, 2026.

Zhi Xiang Lin borrowed $4.5 million from S3 Capital for None on June 30, 2026.

Latest Stories:

• Vadem Brodsky pays $13.2M to Wolf family for garge in Park Slope (August 04, 2026)

• 99-unit tower filed for Boerum Hill parcels controlled by Joseph Daskal (July 31, 2026)

• Moses Rabinovits pays $2.5M to Hakan Kiran for 23-unit dev site in Crown Heights (July 22, 2026)

• Mendel Schwimmer signs $29M construction loan with S3 for 55-unit project in East Williamsburg (July 20, 2026)

• EDRE Development files plans for 18 units in Williamsburg (July 20, 2026)

• Blue Sky Builders signs $102M loan with S3 for office-to-resi conversion in Hell’;s Kitchen (July 07, 2026)

• David Werner pays $42M to DivcoWest for office in Hell’;s Kitchen (June 30, 2026)

• Or Trabelsi signs $6M acquisition loan with S3 Capital for 22-unit walkup in Garment District (June 22, 2026)

• Edge Property signs $115M construction loan with S3 for 276-unit dev site in Washington Heights (June 18, 2026)

• Joel Schwartz signs $28.5M construction loan with S3 for 60-unit dev site in Bushwick (June 18, 2026)

Court Records:

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Properties:

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