Charles DiGiovanna

(Charles P. DiGiovanna, Chuck DiGiovanna)

Macy’s Inc.

(Macy’s)

Macy’s Inc. NYC portfolio

$648 million* – retail 98%, mixed-use 1%; Manhattan 98%, Brooklyn 1%

271th largest portfolio by dollar value

4,593,612 sqft – mixed-use 52%, retail 47%;

65th largest by SF

2 properties – Manhattan 50%, Brooklyn 50%

2915th largest

Person Activity past 24 months:

Seller signatory: 1 for $23 million

Top Ten Associated Companies:

U.S. Bank (2), United American Land (1), Crown Acquisitions (1), Jackson Group (1), Macy’s bondholders (1)

Top Ten Associated People:

Isaac Chera (1), James T. Walther (1)

Recent activity as signatory:

Macy’s Inc. sold 422 Fulton Street, Downtown Brooklyn, Brooklyn for $23 million to United American Land, Crown Acquisitions and Jackson Group on December 04, 2024.

Macy’s Inc. borrowed $7.5 million from U.S. Bank for 2483 Flatbush Avenue, Mill Basin, Brooklyn on October 20, 2020.

Macy’s Inc. borrowed $66.1 million from Macy’s bondholders for 422 Fulton Street, Brooklyn Heights, Brooklyn on June 08, 2020.

Macy’s Inc. borrowed $27 million from U.S. Bank for 5400 Avenue U, Mill Basin, Brooklyn on June 08, 2020.

*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.

Leave a Reply