Jeffrey Gershon

Principal

Hope Street Capital

Owner

Hope Street Capital NYC portfolio

$263.4 million -elevator 63%, specialty 27%, walkup 3%; Brooklyn 97%, Bronx 2%*

791th largest portfolio by dollar value

336,014 sqft – elevator 71%, M1 12%, walkup 10%; Brooklyn 95%, Bronx 4%

1109th largest by SF

6 properties – Brooklyn 90%, Bronx 10%

1624th largest

442 residential units – Brooklyn 100%

652th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Borrower signatory: 2 for $118 million

Top Ten Associated People:

Justin Cappuccino (1), Eldeen C. King (1), Tim Doherty (1), Jonathan Pfeil (1), Terri Magnani (1)

Recent activity as signatory:

Hope Street Capital borrowed $63 million from Societe Generale for 959 Sterling Place and 959 Sterling Place, Crown Heights, Brooklyn on November 04, 2025.

Hope Street Capital borrowed $55 million from Walker & Dunlop for 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, 959 Sterling Place, and 959 Sterling Place, Crown Heights, Brooklyn on June 12, 2024.

Hope Street Capital borrowed $126.2 million from MF1 Capital for None on November 10, 2022.

Jeffrey Gershon filed plans for major alteration for 100,671 sqft in Boerum Hill, Brooklyn, on June 06, 2022.

Northeastern Conference of Seventh-day Adventists sold None for $27.9 million to Safehold Inc. on January 20, 2022.

Hope Street Capital borrowed $55 million from Slate Property Group for None on January 20, 2022.

Safehold Inc. ground leased None valued at $28 million to Hope Street Capital on January 20, 2022.

Jeffrey Gershon filed plans for new building for 145,419 sqft in DUMBO, Brooklyn, on November 13, 2017.

Jeffrey Gershon filed plans for new building for 70,342 sqft in Boerum Hill, Brooklyn, on August 24, 2015.

Jeffrey Gershon filed plans for new building for 124,343 sqft in Long Island City, Queens, on June 01, 2013.

Latest Stories:

• Hope Street Capital signs $55M refi with Walker & Dunlop for 158-unit project in Crown Heights (July 03, 2024)

• Crosstown Companies signs $7M initial loan with HarborOne Bank in Clinton Hill (November 28, 2022)

• Hope Street Capital signs $126.2M refi with MF1 Capital for two properties in Clinton Hill (November 17, 2022)

• Safehold pays $27.9M to Seventh-day Adventists for dev site in Crown Heights (February 07, 2022)

• Hope Street Capital is fully permitted for construction of retail base for 288K sf residential tower in Clinton Hill (October 14, 2020)

• Hope Street Capital borrows $129M from Square Mile for new construction in Clinton Hill (February 21, 2020)

• Jeffrey Gershon’s Hope Street Capital pays $9M to Episcopal Diocese of Long Island for air rights in Clinton Hill (December 11, 2019)

Properties:

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