Solomon Schwimmer
Twin Group Associates
Owner
199 Lee Ave Suite 554 Brooklyn NY 11211
5 New Montrose Ave, 4th Floor Brooklyn, NY 11211
Twin Group Associates|Solomon Schwimmer NYC portfolio
$527.2 million -elevator 48%, development 16%, mixed-use 15%; Brooklyn 66%, Manhattan 26%, Bronx 7%*
424th largest portfolio by dollar value
1,409,884 sqft – elevator 84%, walkup 11%, retail 2%; Manhattan 73%, Brooklyn 22%, Bronx 3%
347th largest by SF
39 properties – Brooklyn 79%, Bronx 12%, Manhattan 7%
245th largest
1,600 residential units – Manhattan 60%, Brooklyn 37%, Bronx 3%
209th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $5.5 million
Borrower signatory: 8 for $146.2 million
Developer (new building or major alteration): 11 for 61,014 square feet
Top Ten Associated Companies:
Valley National Bank (4), Bank of Princeton (4), Sabal Capital Partners (3), Varde Partners (2), Chuen Po Kao (1), Jacqueline Kao (1), Standard Insurance Company (1), Grasshopper Bank (1), A&E Real Estate Holdings (1), Daniel R. Miller (1)
Top Ten Associated People:
Chase Heichel (2), Chuen Po Kao (1), Jacqueline Kao (1), Jeffrey Puchin (1), William McCoy (1), Amy Frazey (1), Jason F. Wells (1), Jeff Puchin (1), Roger Rofe (1), Arthur Birenbaum (1)
Recent activity as signatory:
• Solomon Schwimmer borrowed $25.9 million from Varde Partners for 527 Grand Avenue on June 15, 2026.
• Solomon Schwimmer borrowed $22.1 million from Varde Partners for 650 Madison Street on June 15, 2026.
• Solomon Schwimmer borrowed $6 million from Spring Garden Capital Group for None on February 23, 2026.
• Dalan Real Estate ground leased None valued at $3.5 million to Solomon Schwimmer on February 23, 2026.
• Twin Group Associates borrowed $63 million from MF1 Capital for 152 Lawrence Street on November 19, 2025.
• Twin Group Associates borrowed $11.3 million from A&E Real Estate Holdings for 1359 Nostrand Avenue on September 11, 2025.
• Twin Group Associates borrowed $6.4 million from Grasshopper Bank for 7 New Montrose Avenue on April 10, 2025.
• Solomon Schwimmer borrowed $6.5 million from Standard Insurance Company for 3991 Saxon Avenue on March 10, 2025.
• Solomon Schwimmer borrowed $5 million from IceCap Group for 679 Marcy Avenue on October 29, 2024.
• Daniel R. Miller sold 503 4 Avenue for $2 million to Solomon Schwimmer on July 09, 2024.
Latest Stories:
• Solomon Schwimmer files 50-unit commercial-to-residential plans in FiDi (February 23, 2026)
• Solomon Schwimmer signs $17M refi for 38-unit rental in Bedford Stuyvesant (April 12, 2024)
• Solomon Schwimmer plans 101-unit project in Downtown Brooklyn (June 06, 2023)
• Solomon Schwimmer pays $22.5M for potential dev site in Downtown Brooklyn (February 28, 2023)
• Solomon Schwimmer pays $5.6M for 34-unit dev site in Gowanus (November 11, 2022)