Starrett Companies

Lender

Starrett Companies NYC portfolio

$40.1 million -D4 99%; Manhattan 99%*

2503th largest portfolio by dollar value

4,786,701 sqft – D4 100%; Manhattan 100%

88th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

3793th largest

8,018 residential units – Manhattan 100%

24th largest by residential units

Top Ten Associated Companies:

Jonathan Rose Companies (1), Capital One (1), Lipa Zicherman (1), Sol Feder (1), Gary Segal (1), Signature Bank (1), Extell Development (1), Settlement Housing Fund (1)

Top Ten Associated People:

Lipa L. Zicherman (1), Marc Kwestel (1), Jacqueline Tom (1)

Recent activity as company:

Extell Development borrowed $31.9 million from Helaba for 267 Clinton Street on February 14, 2025.

Starrett Companies sold West 28 street for $5.5 million to Settlement Housing Fund on April 27, 2023.

Starrett Companies sold West 33 street for $22.6 million to Lipa Zicherman, Sol Feder and Gary Segal on April 25, 2023.

Extell Development borrowed $29 million from Starrett Companies for 267 Clinton Street on December 28, 2022.

Starrett Companies sold 267 Clinton Street for $40 million to Extell Development on December 28, 2022.

Starrett Companies borrowed $5.8 million from Signature Bank for Neptune avenue on December 22, 2021.

Starrett Companies for Joshua Siegel filed plans for new building for 655,873 sqft in Lower East Side, Manhattan, on July 28, 2021.

Starrett Companies for Joshua Siegel filed plans for new building for 101,351 sqft in Unionport, Bronx, on May 05, 2020.

Starrett Companies sold Tower West at 65 West 96th Street, the Upper West Side, Manhattan for $93.8 million to Jonathan Rose Companies on March 17, 2020.

Starrett Companies borrowed $30 million from Capital One for Fdr four freedoms park on December 19, 2019.

Latest Stories:

• Settlement Housing Fund files plans for 172-unit building in Coney Island (August 16, 2024)

• Moshe Braver signs $17M loan with Hakimian Partners for dev site in Coney Island (July 10, 2024)

• Coney Island dev site flips for $46M, up from $44.6M five months ago (September 22, 2023)

• Settlement Housing Fund pays $5.5M to Starrett Companies for dev site in Coney Island (May 12, 2023)

• Lipa L. Zicherman entity pays $22.6M to Starrett Companies for 400K sf dev site in Coney Island (May 12, 2023)

• Extell Development pays $40M to Starrett for Two Bridges dev site, additional earnout expected (January 04, 2023)

• Jonathan Rose Companies pays $94M to Starrett Corp. for Tower West in the Upper West Side (March 20, 2020)

• Jonathan Rose Companies borrows $74M from Hunt Real Estate Capital for multifamily property in the Upper West Side (March 20, 2020)

• Starrett Companies borrows $30M from Capital One for multifamily property in Roosevelt Island (December 27, 2019)

Properties:

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