Steven Carter signs $22M refi with Hirshmark Capital for dev site in Greenpoint

Steven Carter as signatory for the the borrower signed a $22 million refinance with Hirshmark Capital as lender for four tax parcels in Greenpoint, Brooklyn, in two separate transactions.

In the first, Steven Carter through the entity 72 North 15th Street Owner LLC as borrower signed a refi loan with lender Hirshmark Capital through the entity Hm Lfc Two LLC valued at $12.5 million for three properties including the industrial building (F5) at 72 North 15th Street and two adjacent properties in Greenpoint, Brooklyn.
The deal closed on March 18, 2025 and was recorded on March 30, 2026. The three properties have 45,000 square feet of built space and 27,806 square feet of additional air rights for a total buildable of 55,612 square feet according to a PincusCo analysis of city data. The loan price per built square foot is $277 and the price per buildable square foot is $224 per the PincusCo analysis. The prior loan was $9.5 million.

In the second, Steven Carter through the entity 72 North 15th Street Owner LLC as borrower signed a refi loan with lender Hirshmark Capital through the entity Hm Lfc Two LLC valued at $9.5 million for an additional property in Greenpoint, Brooklyn.
The deal closed on March 18, 2026 and was recorded on March 30, 2026. The prior lender was T30 Capital which held debt that had an original loan amount of $8.5 million. The property has zero square feet of built space according to a PincusCo analysis of city data. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)

The signatory for Steven Carter was Steven E. Carter. The signatory for Hirshmark Capital was Abraham Goldman .

The property

Hirshmark Capital on March 18, 2026 bought a loan with an original principal of $18 million from T30 Capital signed by Margaret Grossman .

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

On the lot, there is one active new building construction project, B01214039, for a 71,126 square-foot residential (R-2) building. The project was submitted by Samuel Teitelbaum and filed by Samuel Teitelbaum with plans filed April 23, 2025 and it has not been permitted yet.

The block

On this tax block, PincusCo has identified the owners of three of the three commercial properties representing 84,538 square feet of the 84,538 square feet. The largest owner is Epr Properties, followed by Dlj Real Estate Capital Partners and then Joyland Group.
On the tax block, there was one new building construction project filed totaling 71,126 square feet. It is a 71,126 square-foot residential (R-2) building submitted by Samuel Teitelbaum and filed by Samuel Teitelbaum with plans filed April 23, 2025 and it has not been permitted yet.

The majority, or 59 percent of the 84,538 square feet of built space are industrial buildings, with mixed-use buildings next occupying 41 percent of the space.

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