Spencer Equity Group
Owner
Private
522 Lefferts Ave # C Brooklyn, NY 11225
People:
Spencer Equity Group NYC portfolio
$742.9 million -development 35%, elevator 23%, specialty 19%; Brooklyn 52%, Manhattan 43%, Bronx 3%*
309th largest portfolio by dollar value
788,577 sqft – elevator 65%, walkup 20%, mixed-use 11%; Brooklyn 71%, Bronx 18%, Manhattan 10%
582th largest by SF
26 properties – Brooklyn 76%, Manhattan 17%, Bronx 5%
383th largest
898 residential units – Brooklyn 74%, Bronx 19%, Manhattan 6%
358th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 3 for $89 million
Seller company: 5 for $140.3 million
Borrower company: 7 for $650.9 million
Top Ten Associated Companies:
Gilbane Development (5), Signature Bank (4), Berkadia Commercial Mortgage (3), Tel Aviv Stock Exchange bondholders (2), Santander Bank (2), Joel Landau (1), Canvas Investment Partners (1), Tokyu Land US (1), Shloma Stuhl (1), Herman Stuhl (1)
Top Ten Associated People:
Fazeela Siddiqui (2), Hillel Lazarus (2), Matthew P. Lawrence (1), Shimon Deutsch (1), Robert Morgenstern (1), Amy Jesperger (1), Shloma Stuhl (1), Megan Mather (1), Gitty Zahler (1), Ari Klein (1)
Recent activity as company:
• Spencer Equity Group and Rabsky Group sold None for $7.2 million to Abraham Samuel on March 25, 2026.
• Spencer Equity Group borrowed $50 million from Webster Bank for 165 North 6 Street on November 03, 2025.
• Extell Development ground leased 382 Fulton Street valued at $37.8 million to Rabsky Group and Spencer Equity Group on October 27, 2025.
• Rabsky Group and Spencer Equity Group borrowed $31.5 million from Valley National Bank for 382 Fulton Street on October 27, 2025.
• Rabsky Group and Spencer Equity Group sold 352 Wallabout Street, Williamsburg, Brooklyn for $5.6 million to Gitty Zahler on September 19, 2025.
• Himmel + Meringoff Properties sold N/A Broadway, None, Manhattan for $3.6 million to Sky Equity Group US, Rabsky Group and Spencer Equity Group on September 09, 2025.
• Sky Equity Group US, Rabsky Group and Spencer Equity Group borrowed $217.5 million from G4 Capital Partners for 362 Broadway on September 09, 2025.
• Bonjour Capital sold 358 Broadway for $47.5 million to Sky Equity Group US, Rabsky Group and Spencer Equity Group on September 09, 2025.
• Spencer Equity Group borrowed $36.4 million from Berkadia Commercial Mortgage for 1125 Anderson Avenue on July 25, 2025.
• Rabsky Group and Spencer Equity Group sold 17 Gerry Street for $7 million to Shloma Stuhl and Herman Stuhl on April 08, 2025.
Latest Stories:
• Abraham Samuel pays $7.2M for commercial condo in Williamsburg (April 01, 2026)
• Rabsky Group, partner, seek increase to 106 units at Tribeca dev site (December 24, 2025)
• Bonjour Capital sells Tribeca dev site to Sky Equity, Rabsky Group for $57M (September 19, 2025)
• Spencer Equity signs $36.4M refi with Berkadia for two rentals in Highbridge (August 19, 2025)
• Sky Equity Group US, Rabsky Group file plans for 89-unit building in Tribeca (July 09, 2025)
• Rabsky Group signs $555M refi with Madison for 1,102 units in Fort Greene (May 02, 2025)
• Shloma, Herman Stuhl pays $7M for bulk rental condo in Williamsburg (April 16, 2025)
• Canvas, Tokyu sign $60M refi with MUFG Bank in Downtown Brooklyn (March 07, 2025)
Court Records:
Properties: