Edward Poteat
(Ed Poteat)
Carthage Advisors
(Carthage Real Estate Advisors)
212 W 124th St 19th Floor New York, NY 10027
1872 Lexington Ave – Suite 201 New York, NY 10027
Carthage Advisors NYC portfolio
$383.8 million -elevator 68%, industrial 25%, development 5%; Manhattan 73%, Bronx 26%*
571th largest portfolio by dollar value
300,126 sqft – elevator 98%; Manhattan 98%, Bronx 1%
1203th largest by SF
6 properties – Manhattan 50%, Bronx 50%
1637th largest
338 residential units – Manhattan 99%
799th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $85.1 million
Developer (new building or major alteration): 1 for 0 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (1), The New York City Acquisition Fund (1), Enterprise Community Partners (1), NY Green Bank (1), NYS Housing Finance Agency (1), Nissan Cohen (1), Dwight Capital (1)
Top Ten Associated People:
Baaba Halm (1), Russell Hubley (1), Neal S. Friedman (1), Adam Sasouness (1)
Recent activity as signatory:
• Carthage Advisors borrowed $12.5 million from NY Green Bank for West 124 street on June 30, 2026.
• Carthage Advisors borrowed $72.6 million from NYS Housing Finance Agency for 441 Concord Avenue on March 31, 2026.
• Carthage Advisors borrowed $100 million from Dwight Capital for 254 West 124 Street on November 03, 2023.
• Carthage Advisors borrowed $6.2 million from Enterprise Community Partners for 431 Concord Avenue on August 21, 2023.
• Nissan Cohen sold 431 Concord Avenue for $4.9 million to Carthage Advisors on August 21, 2023.
• Carthage Advisors borrowed $85.1 million from NYC Housing Development Corporation for West 124 street on December 20, 2022.
• Carthage Advisors borrowed $6 million from The New York City Acquisition Fund for West 124 street on December 28, 2021.
• Ed Poteat filed plans for new building for 186,990 sqft in Harlem, Manhattan, on July 02, 2018.