Jack Guttman
Pearl Realty Management
(Pearl Realty NY, Pearl Realty)
Owner
240 Water St Brooklyn, NY 11201
Pearl Realty Management|Jack Guttman NYC portfolio
$354.7 million* – industrial 52%, office 25%; Brooklyn 72%, Queens 16%
486th largest portfolio by dollar value
1,296,125 sqft – industrial 60%, office 22%;
262th largest by SF
65 properties – Brooklyn 50%, Bronx 38%
145th largest
8 residential units – Brooklyn 100%, Manhattan 0%
4282th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $29.5 million
Seller signatory: 3 for $175.9 million
Developer (new building or major alteration): 32 for 62,174 square feet
Top Ten Associated Companies:
TF Cornerstone (2), Halcyon Management (1), Michael Allocco (1), Samson Management (1), Todd W. Hooper (1), Madison Capital (1), Michael O’ Brien (1), Arthur Citarrella (1), Richard Fischler (1)
Top Ten Associated People:
Jeremy Shell (2), Lipa Friedman (1), Michael Allocco (1), Brian McCarthy (1), Todd W. Hooper (1), J. Joseph Jacobson (1), Michael O’ Brien (1), John C. Slattery (1), Arthur Citarrella (1), Richard Fischler (1)
Recent activity as signatory:
• Samson Management sold 92 Third Street, Gowanus, Brooklyn for $29.5 million to Pearl Realty Management on October 08, 2024.
• Pearl Realty Management sold 24 Oak Street, None, Brooklyn for $30 million to TF Cornerstone on August 08, 2024.
• Pearl Realty Management sold 43 West Street, Greenpoint, Brooklyn for $144.1 million to TF Cornerstone on August 08, 2024.
• Jack Guttman sold N/A West Street, Greenpoint, Brooklyn for $1.8 million to Halcyon Management on June 27, 2023.
• Michael Allocco sold 591 Meserole Street and 581 Meserole Street, East Williamsburg, Brooklyn for $6.4 million to Pearl Realty Management on January 25, 2022.
• Arthur Citarrella sold 53-33 97th Place, Corona, Queens for $7.9 million to Jack Guttman on December 14, 2021.
• Todd W. Hooper sold 1180 Randall Avenue, 1194 Randall Avenue, and 531 Tiffany Street, Hunts Point, Bronx for $15.9 million to Jack Guttman on November 05, 2021.
• Michael O’ Brien sold 524 Bryant Avenue, Hunts Point, Bronx for $3.2 million to Jack Guttman on October 18, 2021.
• Richard Fischler sold 410 Longfellow Avenue, Hunts Point, Bronx for $2.5 million to Jack Guttman on September 28, 2021.
• Jack Guttman sold 688 Court Street and 702 Court Street, Red Hook, Brooklyn for $45 million to Madison Capital on June 08, 2021.
Latest Stories:
• Madison Capital clearing Red Hook dev site acquired for $45M last year (September 26, 2022)
• Jack Guttman of Pearl Realty pays $6.4M for dev site in East Williamsburg (January 26, 2022)
• Jack Guttman pays $7.9M to Arthur Citarrella for industrial in Corona (December 15, 2021)
• Jack Guttman pays $15.9M for three properties in Hunts Point (November 08, 2021)
• Jack Guttman pays $3.2M for industrial in Hunts Point (October 19, 2021)
• Madison Capital pays $45M to Jack Guttman for two industrial buildings in Red Hook (June 09, 2021)
• Lipa Friedman’s M&H Realty signs easement with NYS for Greenpoint parcels (October 16, 2019)