Eli Tabak

(Elimelech Tabak)

Co-Founder

Ceo

Bluestone Group

225 Broadway, 32nd Floor New York, NY 10007

LinkedIn

Bluestone Group NYC portfolio

$201.8 million* – condo 43%, retail 15%, industrial 11%; Queens 43%, Manhattan 36%, Brooklyn 11%

770th largest portfolio by dollar value

405,454 sqft – condo 48%, mixed-use 14%, elevator 11%;

740th largest by SF

14 properties – Manhattan 40%, Bronx 40%, Queens 13%

550th largest

197 residential units – Queens 73%, Brooklyn 23%, Bronx 3%

940th largest by residential units

11 foreclosures, 12 bankruptcies, 36 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $12.3 million

Seller signatory: 1 for $3.3 million

Borrower signatory: 1 for $8.5 million

Top Ten Associated Companies:

Anibal Gomez (2), Madison Realty Capital (1), Samuel Pfeiffer (1), TriState Capital Bank (1), Joel Weiss (1), Capital One (1)

Top Ten Associated People:

Anibal Gomez (2), Samuel Pfeiffer (1), Robert Gambitsky (1), Joel Weiss (1)

Recent activity as signatory:

Samuel Pfeiffer sold 4202 Fort Hamilton Pkwy, Borough Park, Brooklyn for $12.3 million to Bluestone Group on October 19, 2023.

Bluestone Group sold 450 E 144th St, Mott Haven, Bronx for $3.3 million to Joel Weiss on September 18, 2023.

Bluestone Group borrowed $8.5 million from TriState Capital Bank for 609 Jackson Avenue, Longwood, Bronx on May 31, 2023.

Bluestone Group sold 3219 East Tremont Avenue, Schuylerville, Bronx for $5.2 million to Anibal Gomez on April 05, 2023.

Bluestone Group sold 3225 East Tremont Avenue, Schuylerville, Bronx for $1.1 million to Anibal Gomez on April 05, 2023.

Yoel Goldman borrowed $0 from Abraham Posner for 65 Eckford St, Greenpoint, Brooklyn on August 11, 2021.

Sierra Assets Group borrowed $17.4 million from Capital One for 141 Joralemon Street, Brooklyn Heights, Brooklyn on June 26, 2020.

Bluestone Group borrowed $50 million from Madison Realty Capital for 87-28 58th Avenue, 90-02 Queens Boulevard, Elmhurst, Queens on December 23, 2019.

Latest Stories:

• Jacob Fulop pays $10M to Madison Realty Capital for dev site in Borough Park (January 15, 2025)

• Bluestone Group acquires dev site in Borough Park through bankruptcy (October 26, 2023)

• Joel Weiss pays $3.3M to Bluestone Group for 18-unit rental in Mott Haven (October 03, 2023)

• Bluestone Group signs $8.5M refi loan with TriState Capital Bank for specialty in Longwood (June 26, 2023)

• Anibal Gomez pays $5.2M to Bluestone Group for office in Schuylerville (April 14, 2023)

• Abraham Posner buys $6.4M note secured by Yoel Goldman project in Greenpoint (September 20, 2021)

• Bluestone, Sierra Assets borrow $17.5M from Capital One to refi multifamily property in Brooklyn Heights (July 01, 2020)

• Bluestone Group borrows $50M from Madison Realty Capital for property in Elmhurst (January 10, 2020)

*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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