Ryan Nelson
Managing Principal
Turnbridge Equities
Owner
Turnbridge Equities NYC portfolio
$244.7 million -industrial 75%, V1 13%, development 4%; Brooklyn 75%, Bronx 15%, Queens 8%*
841th largest portfolio by dollar value
270,382 sqft – industrial 80%, P9 17%, specialty 1%; Brooklyn 89%, Bronx 9%
1278th largest by SF
20 properties – Brooklyn 65%, Bronx 20%, Queens 15%
507th largest
Person Activity past 24 months:
Buyer signatory: 3 for $49 million
Borrower signatory: 2 for $76 million
Developer (new building or major alteration): 5 for 1 square feet
Top Ten Associated Companies:
East West Bank (4), Dune Real Estate Partners (4), Ferdinand Provenzano (2), Starwood Capital Group (1), Peter K. Tully (1), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Sandy Marks (1), Aaron Menche (1)
Top Ten Associated People:
Eric Calder (4), Nick Nawaz (2), Ferdinand Provenzano (2), Peter K. Tully (1), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Sandy Marks (1), Daniel Skura (1), Harold Lebwhohl (1)
Recent activity as signatory:
• Ferdinand Provenzano sold 20-35 130 Street for $13.3 million to Turnbridge Equities on July 15, 2025.
• Ferdinand Provenzano sold 20-25 130 Street for $6.7 million to Turnbridge Equities on July 15, 2025.
• Turnbridge Equities borrowed $13.1 million from East West Bank for 20-35 130 Street on July 15, 2025.
• Aaron Menche and Daniel Skura sold 23 Cozine Avenue for $29 million to Turnbridge Equities on December 11, 2024.
• Turnbridge Equities borrowed $63 million from Acore Capital for 23 Cozine Avenue on December 11, 2024.
• Turnbridge Equities borrowed $11.2 million from East West Bank for 6830 Avenue W on February 27, 2024.
• Peter K. Tully sold 6830 Avenue W for $16.6 million to Turnbridge Equities on February 27, 2024.
• Turnbridge Equities borrowed $5.9 million from East West Bank for 2354 East 69 Street on January 10, 2024.
• Christine Falco sold 2354 East 69 Street for $8.8 million to Turnbridge Equities on January 10, 2024.
• Turnbridge Equities sold 58-40 55 Drive for $57 million to Bridge Industrial on December 19, 2023.
Latest Stories:
• Turnbridge Equities pays $20M for industrial in College Point (August 11, 2025)
• Turnbridge Equities pays $29M for storage building dev site in East New York (December 23, 2024)
• Turnbridge Equities pays $16.6M for industrial properties in Bergen Beach (March 05, 2024)
• Turnbridge Equities pays $8.8M for sports club property in Bergen Beach (January 25, 2024)
• Bridge Industrial pays $57M to Turnbridge Equities for industrial in Maspeth (December 22, 2023)
• Turnbridge Equities signs $9.3M acquisition loan for $13M purchase in Gravesend (May 25, 2023)
• Turnbridge Equities pays $13M for six specialty properties in Gravesend (May 19, 2023)