Jack Guttman
Pearl Realty Management
(Pearl Realty NY, Pearl Realty)
Owner
240 Water St Brooklyn, NY 11201
Pearl Realty Management|Jack Guttman NYC portfolio
$775.2 million -industrial 46%, office 32%, mixed-use 10%; Brooklyn 61%, Queens 22%, Bronx 16%*
295th largest portfolio by dollar value
3,023,170 sqft – industrial 50%, office 34%, mixed-use 8%; Brooklyn 54%, Queens 27%, Bronx 18%
153th largest by SF
81 properties – Brooklyn 45%, Bronx 42%, Queens 11%
89th largest
20 residential units – Brooklyn 80%, Queens 20%
3730th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $81.4 million
Seller signatory: 5 for $327.6 million
Developer (new building or major alteration): 34 for 342,376 square feet
Top Ten Associated Companies:
TF Cornerstone (2), Arthur Citarrella (1), Richard Fischler (1), Michael O’ Brien (1), 4118 14th Ave #65 Brooklyn, NY 11218 registered (1), BP Developer Partners (1), RXR Realty (1), Halcyon Management (1), Jay Group (1), J.B. Industries (1)
Top Ten Associated People:
Jeremy Shell (2), Arthur Citarrella (1), Richard Fischler (1), Michael O’ Brien (1), John C. Slattery (1), Yisroel Kilstein (1), Ben Tyberg (1), David Frank (1), Lipa Friedman (1), Jacob Kohn (1)
Recent activity as signatory:
• Jack Guttman filed plans for major alteration for 300,230 sqft in Long Island City, Queens, on March 09, 2026.
• Jack Guttman filed plans for major alteration for 42,146 sqft in Hunts Point, Bronx, on January 22, 2026.
• J.B. Industries sold 42-03 35 Street for $9.2 million to Pearl Realty Management on December 31, 2025.
• Pearl Realty Management sold 14 Greenpoint Avenue for $130 million to Jay Group on November 14, 2025.
• RXR Realty sold 37-18 Northern Boulevard for $42.8 million to Pearl Realty Management on September 16, 2025.
• Pearl Realty Management sold 35 Church Avenue for $10 million to BP Developer Partners on August 06, 2025.
• Pearl Realty Management sold 36 street for $13.5 million to 4118 14th Ave #65 Brooklyn, NY 11218 registered on July 24, 2025.
• Samson Management sold 68 3 Street for $29.5 million to Pearl Realty Management on September 30, 2024.
• Pearl Realty Management sold 12 Noble Street for $144.1 million to TF Cornerstone on July 31, 2024.
• Pearl Realty Management sold 12 Oak Street for $30 million to TF Cornerstone on July 31, 2024.
Latest Stories:
• Pearl Realty Management pays $9.2M for office in Sunnyside (January 12, 2026)
• Jay Group pays $130M to Pearl Realty for dev site in Greenpoint (December 02, 2025)
• Jack Guttman’s Pearl Realty pays $42.8M to RXR for LIC office (September 25, 2025)
• Pearl Realty Management sells dev site in Kensington for $10M (August 18, 2025)
• Jack Guttman’s Pearl Realty sells possible dev site in Kensington for $13.5M (July 30, 2025)