Seth Weissman
Managing Partner
Urban Standard Capital
233 Broadway Suite 1470 New York, NY 10279
Urban Standard Capital NYC portfolio
$27.7 million -walkup 40%, mixed-use 30%, development 26%; Brooklyn 69%, Bronx 26%, Manhattan 3%*
3148th largest portfolio by dollar value
56,715 sqft – walkup 57%, mixed-use 38%, C3 4%; Brooklyn 94%, Manhattan 5%
3358th largest by SF
11 properties – Brooklyn 81%, Manhattan 9%, Bronx 9%
1058th largest
107 residential units – Brooklyn 60%, Bronx 37%, Manhattan 1%
1833th largest by residential units
1 foreclosure, 1 bankruptcy, 2 other court cases.
Person Activity past 24 months:
Seller signatory: 4 for $12.1 million
Borrower signatory: 1 for $6.2 million
Lender signatory: 10 for $155.1 million
Top Ten Associated Companies:
Peter Matera (2), Margaret Matera (2), John Matera (2), SilverLining Development NY (2), RedHoek+Partners (1), Balanced Living Development (1), Astral Weeks (1), KD Sagamore Capital (1), Berel Farkas (1), Kingsdel Real Estate (1)
Top Ten Associated People:
Vincent Del Vecchio (2), Aden Wiener (2), Lee Cohen (1), Eugene Khody (1), Raymond Roubeni (1), Scott Kummings (1), Berel Farkas (1), Nigel Boyden (1), Marc Kaufman (1), Oded Ben-Nun (1)
Recent activity as signatory:
• Urban Standard Capital sold 378 Broome Street, Little Italy, Manhattan for $2.4 million to Benzion Ferziger on June 26, 2026.
• Joshua Mandelberger, Diane Carone, Keith Kantrowitz and Patriot Real Estate Holdings borrowed $33.6 million from Urban Standard Capital for None on March 24, 2026.
• Balanced Living Development borrowed $15 million from Urban Standard Capital for 820 Bergen Street on February 25, 2026.
• Urban Standard Capital sold 35 Lispenard Street for $3.2 million to SilverLining Development NY on December 08, 2025.
• Urban Standard Capital sold 323 Church Street for $4.3 million to SilverLining Development NY on December 08, 2025.
• RedHoek+ borrowed $30 million from S3 Capital for 368 Avenue U on October 30, 2025.
• Urban Standard Capital borrowed $6.2 million from Arbor Realty Trust for 722 5 Avenue on October 21, 2025.
• RYCO Capital borrowed $10.8 million from Urban Standard Capital for 801 Greenwich Street on August 07, 2025.
• Urban Standard Capital sold 35 East 127 Street for $2.2 million to Mitterrand Properties on July 11, 2025.
• Bassaly Development borrowed $10.1 million from Urban Standard Capital for 23-42 31 Drive on July 10, 2025.
Latest Stories:
• Anonymous firm pays $23.5M to RYCO Capital for mixed-use in West Village (April 29, 2026)
• SilverLining Development files DOB plans for 20-unit building in Tribeca (April 29, 2026)
• Saffayeh, Fouerti in contract to pay $19M for Chelsea school building (April 14, 2026)
• ASB, George Comfort sell Chinatown office, retail for $40.5M (March 30, 2026)
• SilverLining Development NY pays $7.5MM to USC for likely dev site in Tribeca (December 15, 2025)
• RedHoek+ signs $30M refi with S3 Capital for $76M condo project in Gravesend (November 20, 2025)
