Granit Gjonbalaj
Ceo
Spaxel
Developer, Owner
228 Park Avenue South, #30194 New York, New York 10003
Spaxel NYC portfolio
$197.6 million -development 30%, D7 21%, C0 18%; Bronx 100%*
1076th largest portfolio by dollar value
78,883 sqft – elevator 63%, C0 10%, D1 6%; Bronx 100%
2853th largest by SF
18 properties – Bronx 100%
641th largest
487 residential units – Bronx 100%
670th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Borrower signatory: 4 for $72.3 million
Top Ten Associated Companies:
CBRE Investment Management (4), Spaxel (4), Metropolitan Commercial Bank (4), First-Citizens Bank & Trust Company (4), Atalaya Capital Management (3), Atalaya Capital (1), Yitzchok Weinberg (1), JLL (1), 3254 Parkside Realty LLC (1), Unity Bank (1)
Top Ten Associated People:
Granit Gjonbalaj (4), Jay Shah (2), Yitzchok Weinberg (1), Ross Dahmen (1), Craig Oram (1), Robert J. Teitelbaum (1), Karen Klotz (1), Joseph Wenk (1)
Recent activity as signatory:
• Spaxel borrowed $16.1 million from Metropolitan Commercial Bank for 1745 West Farms Road on March 18, 2026.
• Spaxel borrowed $32.6 million from JLL for 1824 Anthony Avenue on December 11, 2025.
• Spaxel borrowed $6.2 million from Unity Bank for 929 Dawson Street on September 16, 2024.
• Spaxel borrowed $17.4 million from Metropolitan Commercial Bank for 1731 West Farms Road on September 09, 2024.
• Spaxel borrowed $28.9 million from Metropolitan Commercial Bank for None on October 23, 2023.
• Spaxel and Atalaya Capital Management sold None for $1.9 million to CBRE Investment Management, Spaxel and Atalaya Capital on May 10, 2023.
• CBRE Investment Management, Spaxel and Atalaya Capital borrowed $13.5 million from First-Citizens Bank & Trust Company for None on May 10, 2023.
• Spaxel and Atalaya Capital Management sold 1751 Monroe Avenue for $2.4 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on April 28, 2023.
• Spaxel and Atalaya Capital Management sold None for $3.8 million to CBRE Investment Management, Spaxel and Atalaya Capital Management on April 28, 2023.
• CBRE Investment Management, Spaxel and Atalaya Capital Management borrowed $17.3 million from First-Citizens Bank & Trust Company for None on April 28, 2023.
Latest Stories:
• Spaxel signs $32.6M refi with JLL for 128-unit rental in Mt Hope (December 19, 2025)
• Spaxel signs $28.9M construction loan for 128-unit project in Mt Hope (November 01, 2023)
• Joel Wieder pays $5.7M to Spaxel for dev site in Fordham Heights (August 03, 2023)
• $5.7M dev site contract in Bronx falls through (June 29, 2023)
• CBRE, Spaxel, Atalaya sign $13.5M construction loan for 46-unit project in Bronx (May 23, 2023)
• Spaxel sells Norwood rental for $16.1M (November 24, 2021)
Court Records: