Elichai Pariente
(Elie Pariente, Elichai M. Pariente)
EMP Capital Group
Developer, Owner
EMP Capital Group portfolio
$24.2 million* – elevator 76%, industrial 12%; Manhattan 76%, Brooklyn 23%
1540th largest portfolio by dollar value
59,724 sqft – industrial 46%, elevator 30%;
2595th largest by SF
6 properties – Brooklyn 83%, Manhattan 16%
1332th largest
502 residential units – Brooklyn 98%, Manhattan 1%
422th largest by residential units
Top Ten Associated Companies:
QuadReal Property Group (2), Cheung Ming Lee (1), Yoel Teitelbaum (1), Nikolaos Nikolaidis (1), Investment Property Exchange Services (1), OakNorth Bank (1), Dime Community Bank (1), Ready Capital (1)
Top Ten Associated People:
Paul Stern (2), Cheung Ming Lee (1), Nikolaos Nikolaidis (1), Robert Pearce (1), Melissa Perez (1)
Recent activity as company:
• EMP Capital Group borrowed $110 million from QuadReal Property Group for 870-888 Atlantic Avenue, Prospect Heights, Brooklyn on May 13, 2024.
• EMP Capital Group borrowed $35 million from OakNorth Bank for 985 Pacific Street, Crown Heights, Brooklyn on January 30, 2024.
• EMP Capital Group borrowed $109 million from QuadReal Property Group for 1035 Pacific Street and 1034-1042 Atlantic Avenue, Crown Heights, Brooklyn on January 10, 2024.
• EMP Capital Group borrowed $7.5 million from Investment Property Exchange Services for 870-878 Atlantic Avenue and 888 Atlantic Avenue, Prospect Heights, Brooklyn on November 22, 2023.
• Yoel Teitelbaum and Nikolaos Nikolaidis sold 870-878 Atlantic Avenue and 888 Atlantic Avenue, Prospect Heights, Brooklyn for $25.6 million to EMP Capital Group on November 22, 2023.
• Elie Pariente filed plans for new building for 26,890 sqft in Crown Heights, Brooklyn, on May 17, 2023.
• EMP Capital Group borrowed $21.5 million from Dime Community Bank for 985 Pacific Street, Crown Heights, Brooklyn on April 18, 2022.
• Elie Pariente filed plans for new building for 213,850 sqft in Crown Heights, Brooklyn, on April 14, 2022.
• Cheung Ming Lee sold 1035 Pacific Street and 1034-1042 Atlantic Avenue, Crown Heights, Brooklyn for $14 million to EMP Capital Group on April 12, 2022.
• EMP Capital Group borrowed $14 million from Ready Capital for 149 Spring Street, SoHo, Manhattan on February 24, 2022.
Latest Stories:
• EMP Capital Group files plans for 69-unit mixed-use building in Crown Heights (December 04, 2020)