Jason Blacksberg
Executive Vice President And Chief Legal Officer And Corporate Secretary
Acadia Realty Trust
Owner
411 Theodore Fremd Ave, Suite 300 Rye, NY 10580
Acadia Realty Trust NYC portfolio
$1.1 billion* – condo 70%, retail 10%, D0 7%; Brooklyn 50%, Manhattan 42%, Queens 6%
157th largest portfolio by dollar value
1,126,753 sqft – condo 63%, retail 10%, office 9%;
309th largest by SF
25 properties – Manhattan 64%, Brooklyn 29%, Queens 5%
368th largest
184 residential units – Manhattan 97%, Brooklyn 2%
975th largest by residential units
0 foreclosures, 1 bankruptcy, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 10 for $246.2 million
Seller signatory: 1 for $48.2 million
Borrower signatory: 1 for $33 million
Top Ten Associated Companies:
Brookfield Properties (4), Vallario family (1), Ciuffo family (1), Bridge Investment Group (1), MARK Capital Management (1), Acadia Realty Trust (1), TD Bank (1), EPIC LLC (1), Bank of America (1), Waterbridge Capital (1)
Top Ten Associated People:
Jake Nathan (4), Joseph P. Vallario (1), James Chung (1), David Israel (1), Jason Blacksberg (1), Steven Elghanayan (1), Gregory Egli (1), Joel Schreiber (1), Babak Bobby Zar (1), Jane Gol (1)
Recent activity as signatory:
• Paceline Equity Partners sold 106 Spring Street, SoHo, Manhattan for $55 million to Acadia Realty Trust on January 09, 2025.
• EPIC LLC sold 73 Wooster Street, SoHo, Manhattan for $25.4 million to Acadia Realty Trust on January 09, 2025.
• MARK Capital Management sold 109 North 6th Street, Williamsburg, Brooklyn for $18.9 million to Acadia Realty Trust on October 24, 2024.
• Vallario family and Ciuffo family sold 141 Berry Street, Williamsburg, Brooklyn for $35 million to Acadia Realty Trust on October 11, 2024.
• Continental Ventures sold 92 Greene Street, 92 Greene Street, and 109 Mercer Street, SoHo, Manhattan for $43.4 million to Acadia Realty Trust on October 17, 2024.
• Brookfield Properties sold 367-369 Bleecker Street, West Village, Manhattan for $4.8 million to Acadia Realty Trust on September 19, 2024.
• Brookfield Properties sold 387 Bleecker Street, West Village, Manhattan for $1.6 million to Acadia Realty Trust on September 19, 2024.
• Brookfield Properties sold 382 Bleecker Street, 92 Perry Street, 382 Bleecker Street, and 382 Bleecker Street, West Village, Manhattan for $5.7 million to Acadia Realty Trust on September 19, 2024.
• Brookfield Properties sold 350 Bleecker Street, West Village, Manhattan for $8.1 million to Acadia Realty Trust on September 19, 2024.
• Acadia Realty Trust sold 53-01 74th Street and 74-17 Grand Avenue, Elmhurst, Queens for $48.2 million to Acadia Realty Trust on May 16, 2024.
Latest Stories:
• Acadia pays $55M for retail co-op unit in SoHo (January 20, 2025)
• Acadia pays $25.4M to EPIC LLC for retail condo in SoHo (January 15, 2025)
• Acadia Realty Trust pays $18.9M to MARK Capital Mgmt. for Williamsburg retail (November 06, 2024)
• Acadia pays $35M for retail in Williamsburg near ESRT holdings (October 24, 2024)
• Waterbridge signs $64.1M refi with Acadia for five properties in Williamsburg (March 29, 2022)
• Bobby Zar’s ZG Capital pays $10M to Acadia for Noho loft building (June 14, 2021)
• Paceline Equity Partners acquires Soho retail co-op for $23.9M from SL Green Realty (May 04, 2021)