David Grunfeld
Owner
670 Myrtle Avenue #315. Brooklyn, NY 11205
David Grunfeld NYC portfolio
$136.6 million -industrial 58%, elevator 14%, walkup 13%; Brooklyn 100%*
1225th largest portfolio by dollar value
60,307 sqft – walkup 62%, elevator 33%, D3 3%; Brooklyn 100%
3126th largest by SF
9 properties – Brooklyn 100%
1144th largest
90 residential units – Brooklyn 100%
1901th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Partners with Joel Weider.
Person Activity past 24 months:
Borrower signatory: 2 for $94 million
Developer (new building or major alteration): 12 for 226,867 square feet
Top Ten Associated Companies:
Ponce Bank (1), Northeast Community Bank (1), Arbor Realty Trust (1), Wells Fargo (1)
Top Ten Associated People:
Susana Iannicelli (1), Anthony J. Boucino (1)
Recent activity as signatory:
• David Grunfeld and Joel Wieder borrowed $60 million from Ponce Bank for 450 Carroll Street on February 02, 2026.
• David Grunfeld filed plans for new building for 95,238 sqft in Gowanus, Brooklyn, on August 07, 2025.
• Blue Sky Builders borrowed $34 million from Wells Fargo for 806 East 170 Street on June 10, 2025.
• David Grunfeld filed plans for new building for 83,319 sqft in Williamsburg, Brooklyn, on April 08, 2025.
• David Grunfeld and Joel Wieder borrowed $13.5 million from Arbor Realty Trust for 73 Mcguinness Boulevard on November 20, 2023.
• David Grunfeld and Joel Wieder borrowed $11.7 million from Northeast Community Bank for 1892 University Avenue on February 06, 2023.
Latest Stories:
• David Grunfeld, Joel Wieder pays $19.4M for dev site in Gowanus (February 10, 2026)
• David Grunfeld files plans for 99-unit building in Gowanus (August 11, 2025)
• Blue Sky Builders signs $34M refi for new 100-unit building in East Morrisania (July 14, 2025)
• Hershy Silberstein signs $30.4M construction loan in East Morrisania (May 31, 2024)
• Joel Wieder signs $17.2M refi loan for development in Morris Heights (May 03, 2024)
• Tankhouse sues over $14.5M Gowanus contract dispute (October 10, 2023)
Court Records:
