David Kusy

GAIA Real Estate Holdings

GAIA Real Estate Holdings NYC portfolio

$193.1 million* – elevator 41%, walkup 34%; Brooklyn 65%, Manhattan 34%

785th largest portfolio by dollar value

168,389 sqft – elevator 71%, walkup 28%;

1396th largest by SF

7 properties – Manhattan 57%, Brooklyn 42%

1175th largest

201 residential units – Brooklyn 58%, Manhattan 41%

910th largest by residential units

Person Activity past 24 months:

Borrower signatory: 1 for $33.5 million

Top Ten Associated People:

Edward J. Bullard Jr. (3), Robert Gershon (1), William W. Farriss (1), Alistair Economakis (1), Steven Gorey (1), Patrick McCarren (1)

Recent activity as signatory:

GAIA Real Estate borrowed $33.5 million from JLL for 54 East 3rd Street, 50 East 3rd Street, and 58 East 3rd Street, East Village, Manhattan on October 08, 2024.

GAIA Real Estate Holdings borrowed $50 million from Raymond James Bank for 53 Hope Street, 67 Hope Street, and N/A Hope Street, Williamsburg, Brooklyn on September 13, 2022.

Hope Street Capital sold 53 Hope Street, 67 Hope Street, and N/A Hope Street, Williamsburg, Brooklyn for $80 million to GAIA Real Estate Holdings on September 13, 2022.

Granite International Management sold 106 Norfolk Street, Lower East Side, Manhattan for $14 million to GAIA Real Estate Holdings on August 24, 2022.

SMA Equities sold 99 Allen Street, Lower East Side, Manhattan for $10.2 million to GAIA Real Estate Holdings on June 13, 2022.

SMA Equities sold 177 Ludlow Street, Lower East Side, Manhattan for $10.4 million to GAIA Real Estate Holdings on June 13, 2022.

SMA Equities sold 102 Norfolk Street, Lower East Side, Manhattan for $14.1 million to GAIA Real Estate Holdings on June 13, 2022.

Anbau, Inc. sold 50 East 3rd Street, 54 East 3rd Street, and 58 East 3rd Street, East Village, Manhattan for $49.5 million to GAIA Real Estate on September 02, 2021.

GAIA Real Estate borrowed $36 million from Bank of America for 50 East 3rd Street, 54 East 3rd Street, and 58 East 3rd Street, East Village, Manhattan on September 02, 2021.

*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.

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