David Bistricer
Clipper Equity
Owner
4611 12th Avenue Suite 1L Brooklyn, NY 11219
Clipper Equity|Clipper Realty NYC portfolio
$3.2 billion -elevator 57%, D6 11%, industrial 9%; Brooklyn 66%, Manhattan 33%*
60th largest portfolio by dollar value
6,534,060 sqft – elevator 80%, D6 8%, condo 3%; Brooklyn 59%, Manhattan 40%
58th largest by SF
40 properties – Manhattan 80%, Brooklyn 19%
239th largest
7,622 residential units – Brooklyn 71%, Manhattan 28%
24th largest by residential units
2 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $50 million
Seller signatory: 1 for $45.5 million
Borrower signatory: 9 for $1.5 billion
Developer (new building or major alteration): 3 for 0 square feet
Top Ten Associated Companies:
Valley National Bank (10), Citibank (3), New York Community Bank (3), Bank Hapoalim (2), Berkshire Residential Investments (2), JPMorgan Chase (2), Bank Leumi (2), David Chin (1), Vornado Realty Trust (1), Bank Mizrahi-Tefahot (1)
Top Ten Associated People:
Jeffrey Puchin (5), David Kesselman (2), Jonathan Pfeil (2), David Chin (1), Ilana Druyan (1), Steven Borenstein (1), Robyn Sorid (1), Janusz Sendowski (1), Ana Rosu Marmann (1), Cynthia Eckes (1)
Recent activity as signatory:
• Clipper Equity borrowed $140 million from Berkshire Residential Investments for 2378 Bedford Avenue on March 03, 2026.
• Clipper Equity borrowed $405 million from Citibank and JPMorgan Chase for Box street park on December 09, 2025.
• Clipper Equity and Nalcorp borrowed $44 million from Valley National Bank for 81 East 124 Street on November 25, 2025.
• Durst Organization sold 81 East 124 Street for $50 million to Clipper Equity on November 25, 2025.
• Clipper Equity borrowed $125 million from Valley National Bank for 2201 Beverley Road on November 07, 2025.
• Clipper Equity borrowed $120 million from Bank Hapoalim for 2389 Bedford Avenue on November 06, 2025.
• Clipper Equity borrowed $84.5 million from Citibank and Morgan Stanley for 1008 Pacific Street on October 01, 2025.
• Clipper Equity sold 32 West 65 Street for $45.5 million to Janusz Sendowski and Pamela Sendowski Irrevocable Trust on May 30, 2025.
• Clipper Equity borrowed $115 million from Berkshire Residential Investments for 645 Classon Avenue on May 02, 2025.
• Clipper Equity borrowed $330 million from JPMorgan Chase for Box street park on May 10, 2024.
Latest Stories:
• $125M pre-foreclosure filed at Clipper Realty’s DoBro office which HRA vacated (March 26, 2026)
• Clipper Equity signs $140M refi with Berkshire for 354-unit rental in Flatbush (March 09, 2026)
• Clipper Equity pays $50M to Durst Organization for dev site in East Harlem (December 02, 2025)
• Clipper Equity signs $84.5M refi for 175-unit rental in Crown Heights (October 29, 2025)
• Clipper Equity signs $115M refi for 240-unit rental in Crown Heights (May 07, 2025)
• Clipper Equity signs $430M refi for 720-unit rental in Greenpoint (June 07, 2024)
Court Records: