Robert Schwartz
Co-Founder And Principal
S3 Capital
(Spruce Capital)
Lender
535 Madison Ave 19th Floor New York, NY 10022
S3 Capital NYC portfolio
$25.1 million -walkup 65%, V1 34%; Manhattan 63%, Brooklyn 36%*
3149th largest portfolio by dollar value
13,690 sqft – walkup 100%; Brooklyn 51%, Manhattan 48%
5589th largest by SF
3 properties – Brooklyn 66%, Manhattan 33%
2957th largest
17 residential units – Manhattan 52%, Brooklyn 47%
4014th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 3 for $31 million
Top Ten Associated Companies:
Hershy Silberstein (2), First Republic Bank (1), Boomerang Development Group (1), Imre Kaufman (1), Rosario Parlanti (1), David Halberstam (1), Watermark Capital Group (1), Son Dinh Tran (1)
Top Ten Associated People:
Hershy Silberstein (2), Marco Auteri (1), Imre Kaufman (1), Rosario Parlanti (1), David Halberstam (1), Wolfe Landau (1), Son Dinh Tran (1)
Recent activity as signatory:
• Imre Kaufman borrowed $5.5 million from S3 Capital for 128 Fort Greene Place on August 21, 2025.
• Hershy Silberstein borrowed $15 million from S3 Capital for 224 3 Avenue on January 29, 2025.
• Watermark Capital Group borrowed $10.5 million from S3 Capital for 17 Hanson Place on August 22, 2024.
• Eric Sternberg borrowed $6.6 million from Provident Bank for 706 Ocean Parkway on March 04, 2024.
• David Halberstam borrowed $33.5 million from S3 Capital for 157 Carlton Avenue on December 08, 2023.
• Joel Guttman borrowed $7 million from Starwood Mortgage Capital for 787 Fairmount Place on December 04, 2023.
• Hershy Silberstein borrowed $5.4 million from S3 Capital for 1395 Bristow Street on August 25, 2023.
• Edge Developers borrowed $18.4 million from Arbor Realty Trust for None on August 02, 2023.
• Oleksandr Nad borrowed $8.7 million from Emerald Creek Capital for None on March 02, 2023.
• Son Dinh Tran borrowed $8.7 million from Patriot Bank for 214 West 30 Street on February 23, 2023.
Latest Stories:
• Blue Sky Builders signs $43M construction loan for 82-unit project in Gowanus (February 10, 2026)
• Hershy Silberstein pays $16.5M to Slate for dev site in Gowanus (March 03, 2025)
• Investors allege Watermark Capital excluded them from larger Ft. Greene plans (January 30, 2025)
• Watermark pays $15M for church dev site in Fort Greene (July 08, 2024)
• Eric Sternberg signs $6.6M refi for 24-unit rental in Kensington (April 02, 2024)
• Imre Kaufman pays $2.6M for 8-unit walkup in Fort Greene (February 06, 2024)
• Joel Guttman signs $7M refi for newly built 25-unit walkup in Tremont (January 23, 2024)
• Sachdev family pays $7M for new 18-unit rental in Flatbush (December 27, 2023)
Court Records:
