Joel Zupnick

Owner

Joel Zupnick NYC portfolio

$459.6 million* – development 41.0%, elevator 30.0%; Queens 88.0%, Brooklyn 11.0%

372th largest portfolio by dollar value

731,583 sqft – development 62%, elevator 20%;

446th largest by SF

8 properties – Brooklyn 62%, Queens 37%

1015th largest

724 residential units – Queens 93%, Brooklyn 6%

315th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $44 million

Borrower signatory: 5 for $192.6 million

Developer (new building or major alteration): 1 for 0 square feet

Top Ten Associated People:

Elizabeth Farrell (1), Nicholas A. LaMorte (1), Brett Bandazian (1), Zachary Relyea (1), Sean Lavin (1), Yitzcock Schwartz (1), Shimon Meisels (1), Joshua Zegen (1), Stephen Krasman (1), Mary King (1)

Recent activity as signatory:

Joel Zupnick borrowed $8.8 million from Valley National Bank for 28 Bartlett Street, Williamsburg, Brooklyn on December 26, 2024.

Joel Zupnick borrowed $6.3 million from Webster Bank for 6516 New Utrecht Avenue, Bensonhurst, Brooklyn on March 14, 2024.

Joel Zupnick borrowed $142 million from Scale Lending and Slate Property Group for 147-35 95th Avenue, Jamaica, Queens on November 08, 2023.

Joel Zupnick borrowed $16 million from Madison Realty Capital for 147-35 95th Avenue, Jamaica, Queens on October 20, 2023.

Joel Zupnick borrowed $19.5 million from Levon Capital for 94-15 Sutphin Boulevard, Jamaica, Queens on October 19, 2023.

Joel Zupnick filed plans for new building for 2,481 sqft in East Williamsburg, Brooklyn, on February 16, 2023.

Townhouse Property Group sold 159-05 Union Turnpike, Kew Garden Hills, Queens for $44 million to Joel Landau, Joel Zupnick and Bent Philipson on February 10, 2023.

Remsen Capital Management sold 94 Tompkins Avenue and 96 Tompkins Avenue, Bedford-Stuyvesant, Brooklyn for $3.4 million to Yitzcock Schwartz on July 06, 2022.

Remsen Capital Management borrowed $70 million from Metropolitan Commercial Bank for 2802 Surf Avenue, Coney Island, Brooklyn on June 21, 2022.

Solomon Feder and Joel Zupnick borrowed $88 million from Signature Bank for 45-57 Davis Street, Long Island City, Queens on April 13, 2022.

Latest Stories:

• Joel Zupnick signs $142M construction loan with Scale Lending for 521-unit project in Jamaica (November 09, 2023)

• Joel Landau, Bent Philipson get $77.1M acquisition loan for rehab center in Fresh Meadows (February 15, 2023)

• Joel Landau, partners pay $44M for addiction treatment facility in Fresh Meadows (February 10, 2023)

• Yitzchok Schwartz pays $3.4M for two mixed-use properties in Bed Stuy (July 07, 2022)

• Remsen Capital signs $70M refi loan with Metropolitan Commercial for specialty in Coney Island (June 22, 2022)

• Feder, Zupnick sign $88M refi with Signature Bank for 158-unit elevator rental in LIC (April 14, 2022)

• Solomon Feder signs $32M loan with Madison Realty for development site in Jamaica (February 01, 2022)

• Remsen Capital pays $59.7M to estate of Rita Stark for development site in Jamaica (January 14, 2022)

• Solomon Feder, Bent Philipson sign $70M refi loan with Shelter Growth for rental in Long Island City (May 25, 2021)

• Joel Zupnick buys $1.9M in debt from Valley National Bank on 3-unit Bed-Stuy building (June 18, 2020)

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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