Jeffrey Puchin

(Jeff Puchin)

First Vice President

Valley National Bank

(Valley Bank)

Owner

70 Speedwell Ave Morristown, NJ 07960

LinkedIn

Person Activity past 24 months:

Lender signatory: 10 for $607 million

Recent activity as signatory:

Chess Builders borrowed $125 million from MF1 Capital for 624 11 Avenue on December 15, 2025.

Clipper Equity and Nalcorp borrowed $44 million from Valley National Bank for 81 East 124 Street on November 25, 2025.

Nalcorp, Solomon Eisenberg and Aron Karpen borrowed $36 million from Valley National Bank for 91 Bruckner Boulevard on October 29, 2025.

Jacob Schwimmer borrowed $130 million from Goldman Sachs for 536 Atlantic Avenue on August 28, 2025.

Yossel Lichtman borrowed $56 million from Valley National Bank for 427 Coney Island Avenue on August 27, 2025.

David Templer borrowed $140 million from Valley National Bank for 1581 Lafayette Avenue on June 20, 2025.

Clipper Equity borrowed $115 million from Berkshire Residential Investments for 645 Classon Avenue on May 02, 2025.

Cheskel Schwimmer borrowed $95 million from Valley National Bank for 624 11 Avenue on March 19, 2025.

Chess Builders borrowed $105 million from Valley National Bank for 1659 1 Avenue on February 28, 2025.

Joel Zupnick borrowed $8.8 million from Valley National Bank for 28 Bartlett Street on December 13, 2024.

Latest Stories:

• Carlyle, Fetner sign $112.2M refi with Wells Fargo for 361-unit rental in Long Island City (January 15, 2026)

• Chess Builders signs $125M refi loan with MF1 Capital for two properties in Hell’s Kitchen (December 29, 2025)

• Chess Builders signs $38M refi for new 58-unit building in Hell’s Kitchen (December 22, 2025)

• Twin Group Associates signs $63M refi with MF1 for 110-unit rental in Downtown Brooklyn (December 02, 2025)

• Clipper Equity pays $50M to Durst Organization for dev site in East Harlem (December 02, 2025)

• Clipper Equity signs $125M ups debt to $125M at new 296-unit building in Flatbush (November 18, 2025)

• Clipper Equity signs $84.5M refi for 175-unit rental in Crown Heights (October 29, 2025)

• Jacob Schwimmer signs $130M refi with Goldman Sachs for 159-unit rental in Boerum Hill (September 09, 2025)

• Yossel Lichtman signs $56M refi with Valley for new 90-unit rental in Flatbush (September 08, 2025)

• Extell files 14 demo plans to clear Hell’s Kitchen dev site, no new building plans filed yet (August 07, 2025)

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