Urban American Management
People:
Urban American Management NYC portfolio
$528.2 million -condo 60%, walkup 20%, elevator 18%; Manhattan 70%, Queens 22%, Brooklyn 6%*
421th largest portfolio by dollar value
2,095,695 sqft – condo 68%, elevator 20%, walkup 10%; Manhattan 79%, Queens 13%, Brooklyn 7%
236th largest by SF
16 properties – Queens 50%, Manhattan 37%, Brooklyn 12%
617th largest
2,028 residential units – Manhattan 70%, Queens 21%, Brooklyn 8%
159th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $330.1 million
Seller company: 3 for $335.8 million
Borrower company: 3 for $466.1 million
Top Ten Associated Companies:
Madison International Realty (10), L+M Development Partners (6), Citibank (2), MSquared (2), New York Community Bank (2), Urban American Management (1), Seastone Capital (1), Benedict Realty Group (1), Aaron Jungreis (1), Spencer Savings Bank (1)
Top Ten Associated People:
Michelle Bart (1), Joshua S. Eisenberg (1), Adam Goodstein (1), John C. Duncan (1), Jessica Wong (1), James Bendernagel (1), Daniel M. Bagatta (1)
Recent activity as company:
• Urban American Management sold 517 West 168 Street for $9.2 million to Seastone Capital, Benedict Realty Group and Aaron Jungreis on February 12, 2026.
• Urban American Management borrowed $9 million from Citibank for 30-58 34 Street on September 09, 2025.
• Urban American Management sold 390 Hawthorne Street for $4.8 million to MSquared on March 31, 2025.
• MSquared and Urban American Management borrowed $225 million from Citibank for 3333 Broadway on December 27, 2024.
• Brookfield Properties and Urban American Management ground leased 3333 Broadway valued at $321.8 million to MSquared and Urban American Management on December 27, 2024.
• Dixon Advisory and US Masters Residential Property Fund sold 30-58 34 Street for $8.4 million to Urban American Management on July 11, 2024.
• Urban American Management and Brookfield Properties borrowed $232.1 million from JPMorgan Chase for 3333 Broadway on May 01, 2024.
• Urban American Management borrowed $8 million from Flagstar Bank for 30-58 34 Street on September 08, 2023.
• Urban American Management borrowed $9 million from Spencer Savings Bank for 121 Beach 122 Street on December 23, 2022.
• Urban American Management borrowed $142 million from MetLife for 25-21 31 Avenue on December 20, 2019.
Latest Stories:
• MSquared pays $4.8M to Urban American for 117-unit rental in East Flatbush (April 10, 2025)
• MSquared, partners buy out Brookfield for $321.8M at 1,193-unit Harlem rental (January 08, 2025)
• Urban American, Brookfield sign $232.1M refi for 1,193-unit rental in Harlem (May 14, 2024)
Court Records:
Properties: