Jeffrey Simpson
(Jeff Simpson, Jeffrey Solomon Simpson)
Co-Founder
Arch Companies
(Arch Real Estate Holdings)
88 University Place, 11th Floor New York, NY 10003
Arch Companies NYC portfolio
$150.3 million -elevator 48%, mixed-use 20%, development 17%; Manhattan 44%, Brooklyn 29%, Queens 23%*
1271th largest portfolio by dollar value
352,390 sqft – mixed-use 67%, elevator 25%, C7 3%; Queens 68%, Manhattan 21%, Brooklyn 9%
1149th largest by SF
11 properties – Queens 45%, Brooklyn 27%, Manhattan 18%
1045th largest
199 residential units – Queens 66%, Manhattan 22%, Brooklyn 11%
1251th largest by residential units
3 foreclosures, 1 bankruptcy, 9 other court cases.
Other Links:
Notes
Jeffrey Simpson is involved in an acrimonius, complex litigation over the collapse of Arch Companies. He is battling his former partner, Jared Chassen, and the equity investor, the Wiener family’s 35 Oak Holdings Ltd. of Canada.
Top Ten Associated Companies:
Balthasar Capital Fund Management (3), Valley National Bank (1), AB Capstone (1), First Republic Bank (1), Madison Realty Capital (1), CIM Group (1)
Top Ten Associated People:
Denis Saklakov (3), Roland Cablayan (1), Meir Babaev (1), David Thompson (1)
Recent activity as signatory:
• Balthasar Capital Fund Management sold 1010 Bushwick Avenue for $11.7 million to Arch Companies on August 26, 2022.
• Arch Companies borrowed $10.8 million from Valley National Bank for 1604 Avenue P on August 26, 2022.
• Balthasar Capital Fund Management sold 1351 Dekalb Avenue for $12.5 million to Arch Companies on August 26, 2022.
• Balthasar Capital Fund Management sold 435 Central Avenue for $10 million to Arch Companies on August 26, 2022.
• AB Capstone sold 1604 Avenue P for $22.3 million to Arch Companies on August 25, 2022.
• Arch Companies borrowed $48.4 million from CIM Group for 26 East 12 Street on May 23, 2022.
• Arch Companies borrowed $7.2 million from First Republic Bank for 550 Metropolitan Avenue, Williamsburg, Brooklyn on October 14, 2021.
• Arch Companies borrowed $75 million from Madison Realty Capital for 54-37 Myrtle Avenue on January 29, 2021.
• Sela Group borrowed $63.2 million from Madison Realty Capital for 31 Ryerson Street on November 18, 2020.
• Jeff Simpson filed plans for new building for 25,699 sqft in Clinton Hill, Brooklyn, on May 28, 2014.
Latest Stories:
• Acram Group, BLDG pays $46M to CIM Group for office in Greenwich Village (March 27, 2026)
• Jeffrey Simpson files bankruptcy for Arch Companies entity (March 11, 2024)
• Yotam Michaeli pays $3.5M for three rentals in Bushwick (December 14, 2023)
• $10.8M pre-foreclosure filed at Sheepshead Bay dev site (October 25, 2023)
• Investor fears $350M loss if Arch Companies files bankruptcy (October 11, 2023)
• Courts roundup: Arch Companies sues AB Capstone, Karten sues Schuster (February 21, 2023)
