Phillip Miller

Owner

Phillip Miller NYC portfolio

$74.9 million* – walkup 42%, condo 39%; Brooklyn 100%, Manhattan 0%

1418th largest portfolio by dollar value

120,434 sqft – walkup 61%, condo 28%;

1688th largest by SF

20 properties – Brooklyn 100%, Manhattan 0%

460th largest

132 residential units – Brooklyn 100%, Manhattan 0%

1172th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 2 for $5.7 million

Seller signatory: 1 for $2.2 million

Borrower signatory: 1 for $20 million

Developer (new building or major alteration): 9 for 0 square feet

Top Ten Associated People:

Edward Martell (1), Wolfe Landau (1), Richard Pogostin (1), Yehonatan Hadar (1), Parag Sawhney (1), Steven A. Tsavaris (1)

Recent activity as company:

Phillip Miller borrowed $20 million from Ponce Bank for 291 Metropolitan Avenue and 291 Metropolitan Avenue, Williamsburg, Brooklyn on October 15, 2024.

Delshah Capital sold 590 Bushwick Avenue, Bushwick, Brooklyn for $2.4 million to Phillip Miller on September 12, 2024.

Phillip Miller sold 413 Bushwick Avenue, East Williamsburg, Brooklyn for $2.2 million to Richard Pogostin and Marc Pogostin on December 26, 2023.

Maverick Real Estate Partners sold 52 Monitor Street, Williamsburg, Brooklyn for $3.2 million to Phillip Miller on June 07, 2023.

Phillip Miller sold 106 South 2nd Street, Williamsburg, Brooklyn for $3.4 million to Penn South Capital on June 30, 2022.

Wolfe Landau sold 974 Bedford Avenue, Bedford-Stuyvesant, Brooklyn for $0 to Phillip Miller on January 24, 2022.

Phillip Miller sold 14 Locust Street, Bushwick, Brooklyn for $3.7 million to Carlyle Group and Greenbrook Partners on December 07, 2021.

Phillip Miller sold 17 Locust Street, Bushwick, Brooklyn for $3.5 million to Carlyle Group and Greenbrook Partners on November 09, 2021.

Latest Stories:

• Abraham Brach signs $27M refi with Cirrus for 24-unit project in Williamsburg, bankruptcy ends (January 16, 2025)

• DW Partners sells $25M debt at highly litigated Williamsburg project (December 27, 2023)

• Pogostin family pays $2.2M for mixed-use in East Williamsburg (December 27, 2023)

• Menachem Deutsch pays $4M to Watermark Capital for 8-unit walkup in Bed Stuy (September 11, 2023)

• Phillip Miller pays $3.2M to Maverick for 8-unit walkup in Williamsburg (June 08, 2023)

• $20M bankruptcy filed at highly litigated 24-unit condo development in Williamsburg (January 17, 2023)

• Courts roundup: $31.5M S. W’burg condo UCC auction, $2.3M Prospect LG pre-foreclosure, $1.3M Crown Heights pre-foreclosure (December 21, 2022)

• Delshah Capital signs $70M refi loan with Signature Bank for 28 properties in NYC (November 02, 2022)

• Carlyle Group ups walkup debt to $500M with Invesco for 39 properties in NYC (July 19, 2022)

• Abraham Grunhut signs $20M refi with Signature Bank for two buildings in Williamsburg (February 08, 2022)

Court Records:

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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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