Donald Capoccia
Managing Partner
BFC Partners
Owner, Developer
Private Equity
150 Myrtle Ave, Suite 2 Brooklyn, NY 11201
BFC Partners NYC portfolio
$281.1 million* – elevator 84.0%, development 7.0%; Brooklyn 83.0%, Staten Island 12.0%
566th largest portfolio by dollar value
1,032,772 sqft – elevator 91.0%, specialty 7.0%;
332th largest by SF
19 properties – Brooklyn 73%, Staten Island 15%
471th largest
1,050 residential units – Staten Island 60.0%, Brooklyn 34.0%
220th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Buyer signatory: 1 for $34 million
Borrower signatory: 2 for $25.8 million
Developer (new building or major alteration): 3 for 0 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (3), Citibank (1), Yechiel Newhouse (1), New York City Housing Authority (1), Wells Fargo (1)
Top Ten Associated People:
Yechiel Newhouse (1), Jonathan Gouveia (1), Ruth Moreira (1)
Recent activity as company:
• BFC Partners borrowed $13.1 million from Citibank for 1709 Surf Avenue, N/A West 17th Street, and 2928 West 17th Street, Coney Island, Brooklyn on March 07, 2025.
• New York City Housing Authority sold 159 Alaska Street, Port Richmond, Staten Island for $34 million to BFC Partners on December 30, 2024.
• BFC Partners borrowed $12.7 million from NYC Housing Development Corporation for 1089 President Street, 1089 President Street, 1101 President Street, 1101 President Street, 1101 President Street, and others, Crown Heights, Brooklyn on August 04, 2023.
• L+M Development Partners and BFC Partners sold 450 Kent Avenue, Williamsburg, Brooklyn for $16 million to Yechiel Newhouse on January 26, 2023.
• BFC Partners borrowed $139 million from NYC Housing Development Corporation for 1607 Surf Avenue, Coney Island, Brooklyn on January 07, 2022.
• Settlement Housing Fund borrowed $15 million from Wells Fargo for 1607 Surf Avenue, Coney Island, Brooklyn on August 02, 2021.
• BFC Partners borrowed $8.3 million from NYC Housing Development Corporation for 1555 Bedford Avenue, , , Crown Heights, Brooklyn on February 04, 2021.