Joel Teitelbaum
Owner
Joel Teitelbaum portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$5.6 million – industrial 40%, mixed-use 39%; Queens 39%, Bronx 33%
3562th largest portfolio by dollar value
46,664 sqft – industrial 70%, mixed-use 19%;
2930th largest by SF
4 properties – Brooklyn 50%, Bronx 25%
154th largest
12 residential units – Brooklyn 100%, Manhattan 0%
785th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $3 million
Seller signatory: 1 for $4.3 million
Borrower signatory: 3 for $70.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 6,011 square feet
Top Ten Associated Companies:
Carlyle Group (2), Greenbrook Partners (2), Steven D. Corsun (1), Broadview Capital (1), BridgeCity Capital (1), Tibor Katz (1), Amalgamated Bank (1)
Top Ten Associated People:
Carter Martin (2), Steven D. Corsun (1), Tibor Katz (1), Jacob Nimmer (1)
Recent activity as signatory:
• Joel Teitelbaumand Matt Katz borrowed $35 million from Amalgamated Bank for 26-04 Jackson Avenue, Long Island City, Queens on October 29, 2024.
• Joel Teitelbaum filed plans for major alteration for 6,011 sqft in Bedford Stuyvesant, Brooklyn, on October 15, 2024.
• Tibor Katz sold 208 Broadway, Williamsburg, Brooklyn for $3 million to Joel Teitelbaum on March 06, 2024.
• Watermark Capital Group borrowed $9.8 million from Broadview Capital for 295 Willoughby Avenue, Bedford Stuyvesant, Brooklyn on December 05, 2023.
• Joel Teitelbaumand Matt Katz borrowed $25.8 million from BridgeCity Capital for 26-04 Jackson Avenue, Long Island City, Queens on November 17, 2023.
• Joel Teitelbaumand Chaim Halberstam sold 1721 Putnam Avenue, Ridgewood, Queens for $4.3 million to Carlyle Groupand Greenbrook Partners on September 08, 2023.
• Steven D. Corsun sold 555 East 242nd St, Wakefield, Bronx for $4.1 million to Joel Teitelbaum on May 10, 2022.
• Yoel Weiss sold 605 Onderdonk Avenue, Ridgewood, Queens for $2.2 million to Carlyle Groupand Greenbrook Partners on March 09, 2022.