Westrock Development

Westrock Development NYC portfolio

$16.9 million -industrial 97%, development 2%; Bronx 64%, Queens 35%*

3859th largest portfolio by dollar value

79,743 sqft – industrial 100%; Bronx 68%, Queens 31%

2740th largest by SF

8 properties – Bronx 87%, Queens 12%

1432th largest

Top Ten Associated Companies:

First Bank (1), Turnbridge Equities (1), Dune Real Estate Partners (1), Webster Bank (1)

Top Ten Associated People:

Eric Calder (1)

Recent activity as company:

Westrock Development borrowed $5.5 million from First Bank for 825 East 140 Street on March 24, 2021.

Marvin Lerman sold 18-19 41 Street for $6 million to Westrock Development on October 30, 2020.

• David Haber sold 825 East 140 Street for $8.3 million to Westrock Development on October 29, 2020.

Westrock Development borrowed $6 million from Webster Bank for 432 East 165 Street on September 18, 2020.

Isaac Kubersky sold 432 East 165 Street for $14 million to Westrock Development on September 16, 2020.

Westrock Development sold None for $32.5 million to Dune Real Estate Partners on August 31, 2020.

Isaac Kubersky sold 432 East 165 Street for $0 to Westrock Development on March 04, 2020.

Westrock Development sold None for $0 to Turnbridge Equities on November 04, 2019.

Latest Stories:

• Maddd Equities pays $6.8M for likely dev site in Mott Haven (May 20, 2026)

• Turnbridge, Dune sign $381M construction loan with KKR for Hunts Point logistics (September 14, 2021)

• Westrock Development pays $6M for warehouse in Astoria (November 10, 2020)

• Westrock Development pays $8.3M for industrial property in Mott Haven (November 06, 2020)

• Westrock Development pays $14M to Isaac Kubersky for property in Morrisania (October 02, 2020)

• Dune Real Estate borrows $65M from JPMorgan Chase to buy property in Mott Haven (September 14, 2020)

• Westrock Development inks contract to buy 7 industrial parcels in Morrisania (March 27, 2020)

• Turnbridge Equities signs contract to buy Bronx industrial property adjacent to recent $57M purchase (November 11, 2019)

Properties:

To see the 8 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply