Twin Group Associates

199 Lee Ave Suite 554 Brooklyn NY 11211

People:

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Twin Group Associates NYC portfolio

$23.5 million* – retail 63%, development 36%; Bronx 63%, Brooklyn 36%

2865th largest portfolio by dollar value

21,000 sqft – retail 100%;

4208th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

3283th largest

Notes

Solomon Schwimmer leads the Twin Group Associates.

Company Activity past 24 months:

Buyer company: 1 for $15 million

Borrower company: 2 for $17.4 million

Top Ten Associated Companies:

Popular Bank (1), Food City Markets, Inc (1), Grasshopper Bank (1)

Top Ten Associated People:

Barbara G. Berger (1), Arthur Birenbaum (1)

Recent activity as company:

Twin Group Associates borrowed $6.4 million from Grasshopper Bank for 5 New Montrose Avenue, Williamsburg, Brooklyn on April 10, 2025.

Express Builders and Twin Group Associates borrowed $11 million from Popular Bank for 57 East Burnside Avenue, Fordham Heights, Bronx on February 28, 2025.

Food City Markets, Inc sold 57 East Burnside Avenue, Fordham Heights, Bronx for $15 million to Express Builders and Twin Group Associates on February 28, 2025.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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