Clipper Equity LLC
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Clipper Equity LLC
Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007 in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violations. Controversy Clipper Equity attempted to buy the Starrett City complex, the largest federally subsidised housing development in the United States, for a then record $1.3 billion on February 8, 2007. The State of New York and the Federal Department of Housing and Urban Development expressed concerns, and on March 1, 2007, a US Federal Judge blocked the sale. According to the Associated Press, Housing Secretary Alphonso Jackson said Clipper Equity, the prospective buyer of the complex, fail ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ...
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David Bistricer
David Bistricer (born August 10, 1949) is a New York-based real estate developer and the founder and principal of Clipper Equity. His firm focuses on the conversion of non-residential buildings to residential uses. One of Bistricer's latest ventures, in partnership with Chetrit Group, is the transformation of the shuttered four-building Cabrini Medical Center at 220 and 230 East 20th Street and 215 and 225 East 19th Street into a residential a condo project, Gramercy Square, with 223 units. The Woods Bagot-designed development features a different style for each property: a modern, a prewar, a boutique and a tower building. It also has about 38,000 square feet of amenities including a 75' sky-lit pool, a gym, a theater, a meditation room exclusively programmed by MNDFL and a wine cellar. And there's ample green space with a courtyard, a greenhouse and landscaping around the buildings. Early life and education Bistricer was born in Brussels, Belgium to an Orthodox Jewish family, t ...
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Starrett City
Starrett City (formally known as the Spring Creek Towers) is a housing development in the Spring Creek section of East New York, in Brooklyn, New York City. It is located on a peninsula on the north shore of Jamaica Bay, bounded by Fresh Creek to the west and Hendrix Creek to the east. Starrett City contains both residential and commercial buildings. The residential portion of the property contains eight "sections" in a towers in the park layout. The complex also contains a community and recreation center, as well as two schools. Plans for developing the site of Starrett City date to 1962, when an investment group bought the property with the intention of developing a residential complex called Park Shore Village. The group ultimately withdrew from the project, and another cooperative housing project named Twin Pines Village was proposed by the United Housing Foundation in 1967. Control of the complex was handed to Starrett City Associates in 1971, and Starrett City opened in 1 ...
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Brooklyn, New York
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State
. Retrieved September 18, 2016.
with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ...
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Michael Bloomberg
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner, co-founder and CEO of Bloomberg L.P. He was Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for President of the United States. He has served as chair of the Defense Innovation Board, an independent advisory board that provides recommendations on artificial intelligence, software, data and digital modernization to the United States Department of Defense, since June 2022. Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. As of June 2 ...
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Alphonso Jackson
Alphonso R. Jackson (born September 9, 1945) served as the 13th United States Secretary of Housing and Urban Development (HUD). He was nominated by President George W. Bush on August 28, 2004 and confirmed by the Senate on August 31, 2004. Jackson announced his resignation on March 31, 2008. Early life and career Jackson was born on September 9, 1945, in Marshall, Texas, and grew up in South Dallas as the youngest of twelve children in the family. His mother was a midwife, while his father sometimes worked as many as three jobs—as a foundry worker, janitor, and landscaper—to make ends meet. Education Jackson attended Truman State University and studied political science there. He went on to earn a master's degree in education administration from the school in 1969. But instead of taking a teaching job, Jackson enrolled in Washington University School of Law in St. Louis. In March 1965, Jackson, then a college freshman, participated in the first civil rights march from Sel ...
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Downtown Brooklyn
Downtown Brooklyn is the third largest central business district in New York City after Midtown Manhattan and Lower Manhattan), and is located in the northwestern section of the borough of Brooklyn. The neighborhood is known for its office and residential buildings, such as the Williamsburgh Savings Bank Tower and the MetroTech Center office complex. Since the rezoning of Downtown Brooklyn in 2004, the area has been undergoing a transformation, with $9 billion of private investment and $300 million in public improvements underway. The area is a growing hub for education. In 2017, New York University announced that it would invest over $500 million to renovate and expand the NYU Tandon School of Engineering and its surrounding Downtown Brooklyn-based campus. Downtown Brooklyn is part of Brooklyn Community District 2 and its primary ZIP Codes are 11201 and 11217. It is patrolled by the 84th Precinct of the New York City Police Department. History Early development This area ...
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Real Estate Companies Of The United States
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from ''Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * "Re ...
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