Mendel Kaff

Owner

Mendel Kaff NYC portfolio

$248.8 million -elevator 67%, walkup 28%, office 3%; Bronx 96%, Brooklyn 3%*

822th largest portfolio by dollar value

778,219 sqft – elevator 77%, walkup 21%; Bronx 99%

592th largest by SF

6 properties – Bronx 83%, Brooklyn 16%

1619th largest

779 residential units – Bronx 100%

416th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Top Ten Associated Companies:

Starwood Mortgage Capital (2), FBE Limited (2), Bank of Princeton (2), Related Companies (2), Bank of Montreal (1), Sterling National Bank (1), Douglas Rosenberg (1), Valley National Bank (1), Joseph Rubin (1), Shmuel A. Haikins (1)

Top Ten Associated People:

Yehoshua Leib Fruchthandler (2), Seth Blau (2), Grace Chiang (1), Leanne M. Lispi (1), Douglas Rosenberg (1), Terence J. McArdle (1), Joseph Rubin (1)

Recent activity as signatory:

Mendel Kaff borrowed $5.5 million from Starwood Mortgage Capital for 2025 Avenue X on August 02, 2023.

• The seller sold 2025 Avenue X for $9.2 million to Mendel Kaff on July 12, 2023.

Mendel Kaff borrowed $43 million from Valley National Bank for 1474 Watson Avenue on July 05, 2023.

Mendel Kaff borrowed $144.2 million from Starwood Mortgage Capital and Bank of Montreal for 900 Pugsley Avenue on June 08, 2022.

FBE Limited sold 889 East 180 Street for $64 million to Mendel Kaff on June 07, 2022.

FBE Limited sold 900 Pugsley Avenue for $105 million to Mendel Kaff on June 07, 2022.

Mendel Kaff sold 482 St Johns Place for $17 million to Joseph Rubin and Shmuel A. Haikins on May 17, 2022.

Mendel Kaff borrowed $16.5 million from Sterling National Bank for 478 St Johns Place on May 20, 2021.

Douglas Rosenberg sold 478 St Johns Place for $22 million to Mendel Kaff on May 20, 2021.

Mendel Kaff borrowed $27.2 million from Bank of Princeton for 1474 Watson Avenue on April 29, 2021.

Latest Stories:

• Mendel Kaff pays $9.2M for office building in Sheepshead Bay (August 07, 2023)

• Golden Bridge files $10.7M pre-foreclosure for Prospect Heights dev site (July 13, 2023)

• Mendel Kaff signs $43M refi for 116-unit complex in Soundview (July 12, 2023)

• FBE Limited pays $30.5M to buy 63-unit rental in Crown Heights previously owned by Mendel Kaff (December 07, 2022)

• Mendel Kaff pays $169M to FBE Limited for two Bronx rentals (June 21, 2022)

• Joseph Rubin, Shmuel Haikins pay $17M to Mendel Kaff for dev site in Crown Heights (June 07, 2022)

• Mendel Kaff pays $22M to Douglas Rosenberg for rental in Crown Heights (June 09, 2021)

• Mendel Kaff signs $27.2M rehab construction loan for 116-unit project in Soundview (May 20, 2021)

• Green Assets buys $5M loan secured by Noah Development’s 63-unit Crown Heights rental (January 12, 2021)

• Mendel Kaff pays $4.7M to Related Companies for property in Soundview (December 23, 2020)

Court Records:

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Properties:

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