Watermark Capital Group
(Full Time Management, Watermark Services, Watermark Solutions, Watermark Capital Management)
Owner
Partnership
185 Marcy Avenue, Suite 304 Brooklyn, NY 11211
543 Bedford Avenue, Suite 264, Brooklyn, NY 11211
182 Middleton St Brooklyn, NY 11206
199 Lee Ave #952 Brooklyn, NY 11211
People:
Watermark Capital Group NYC portfolio
$960.2 million -walkup 30%, industrial 24%, office 17%; Brooklyn 73%, Queens 21%, Manhattan 5%*
277th largest portfolio by dollar value
1,521,520 sqft – walkup 47%, elevator 16%, office 12%; Brooklyn 83%, Manhattan 9%, Queens 6%
361th largest by SF
120 properties – Brooklyn 91%, Queens 5%, Manhattan 2%
57th largest
1,360 residential units – Brooklyn 88%, Queens 11%
287th largest by residential units
4 foreclosures, 0 bankruptcies, 100 other court cases.
Notes
Website: Founded in 2006, Full Time Management officially becoming Watermark Capital Management in 2016 to provide optimal management services to the high-end, luxury properties owned by Watermark Capital Group.
Company Activity past 24 months:
Buyer company: 8 for $76.8 million
Seller company: 1 for $0
Borrower company: 15 for $584.5 million
Developer (new building or major alteration): 7 for 768,158 square feet
Top Ten Associated Companies:
S3 Capital (3), Signature Bank (2), QuadReal Property Group (2), Daryl Hagler (1), Chaskel Landau (1), Walker & Dunlop (1), Hakimian Partners (1), Arion Fund (1), White Oak Assets (1), Gal Nagar (1)
Top Ten Associated People:
Kenneth A. Stagnari (2), Paul Stern (2), Daryl Hagler (1), Cheskel Landau (1), Terri Magnani (1), Jeffrey Levitin (1), Alon Idan (1), Gal Nagar (1), Martin Nussbaum (1), Yvonne Cruenberg (1)
Recent activity as company:
• Milstein Properties, Swig Equities and Weiler Arnow Management Company sold 82 Pearl Street for $19.5 million to Watermark Capital Group on July 01, 2026.
• Milstein Properties, Swig Equities and Weiler Arnow Management Company sold 78 Pearl Street, Financial District, Manhattan for $15.5 million to Watermark Capital Group on July 01, 2026.
• Watermark Capital Group borrowed $29 million from Hakimian Partners for 82 Pearl Street on July 01, 2026.
• Watermark Capital Group borrowed $105 million from Walker & Dunlop for 41-01 24 Street on June 30, 2026.
• Roman Catholic Church and Roman Catholic Church of Our Lady of Mount Carmel ground leased None valued at $2 million to Watermark Capital Group on March 10, 2026.
• Watermark Capital Group borrowed $65 million from S3 Capital for 6224 8 Avenue on February 12, 2026.
• Watermark Capital Group borrowed $7.7 million from Genesis Capital for 106 Downing Street on January 29, 2026.
• Jacob Marciano and Solomon Fried sold 40 Hoyt Street for $6 million to Watermark Capital Group on October 28, 2025.
• Watermark Capital Group and Shulem Kessler borrowed $6.5 million from S3 Capital for 433 Sackett Street, Gowanus, Brooklyn on August 19, 2025.
• St. Agnes Roman Catholic Church in the City of Brooklyn and Roman Catholic Church ground leased 433 Sackett Street, Gowanus, Brooklyn valued at $3.8 million to Watermark Capital Group and Shulem Kessler on August 19, 2025.
Latest Stories:
• Watermark modifies ground lease with St. Cecilia’;s in Williamsburg valued at $9M (July 23, 2025)
• Watermark Capital files two plans in Jamaica with 196 total units (March 30, 2025)
Court Records:
Properties:
