Marlon Lerer
Director Real Estate
Cedar Park Capital
(Cedar Park Capital Management, Cedar Park Capital Partners, UG Real Estate Partners)
Owner
Private Equity
65 E. 55th Street 31st floor New York NY 10022
Cedar Park Capital NYC portfolio
$51 million* – walkup 53%, mixed-use 46%; Brooklyn 100%
1859th largest portfolio by dollar value
62,459 sqft – walkup 83%, mixed-use 16%;
2565th largest by SF
9 properties – Brooklyn 100%
999th largest
65 residential units – Brooklyn 100%
1915th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 8 for $27.4 million
Borrower signatory: 1 for $17.7 million
Top Ten Associated Companies:
Black Spruce Management (8), Citizens Bank (1)
Top Ten Associated People:
Joshua Gotlib (8), Garrett Sokoloff (1)
Recent activity as signatory:
• Cedar Park Capital borrowed $17.7 million from Citizens Bank for 677 Meeker Avenue, 657 Meeker Avenue, 669 Meeker Avenue, 164 Kingsland Avenue, 667 Meeker Avenue, and others, Greenpoint, Brooklyn on April 15, 2025.
• Black Spruce Management sold 669 Meeker Avenue, Greenpoint, Brooklyn for $4 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 667 Meeker Avenue, Greenpoint, Brooklyn for $3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 661 Meeker Avenue, Greenpoint, Brooklyn for $2.9 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 657 Meeker Avenue, Greenpoint, Brooklyn for $4.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 166 Kingsland Avenue, Greenpoint, Brooklyn for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 164 Kingsland Avenue, Greenpoint, Brooklyn for $3.2 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 5 Sutton Street, Greenpoint, Brooklyn for $3.3 million to Cedar Park Capital on April 15, 2025.
• Black Spruce Management sold 3 Sutton Street, Greenpoint, Brooklyn for $3.4 million to Cedar Park Capital on April 15, 2025.
Latest Stories:
• Widow of Black Spruce Management co-founder battles company’s top executive (January 01, 2024)