The Real Deal New York

Victor Sigoura launches sales at first project since leaving Naftali

Developer has tapped Ryan Serhant to sell 21 condos in Greenpoint
By Eddie Small | March 02, 2018 12:30PM

282 Nassau Avenue, Ryan Serhant and Victor Sigoura (Credit: Getty Images)

The first project from Victor Sigoura since leaving the Naftali Group is about to hit the market, with a little help from celebrity broker Ryan Serhant.

The boutique condo project is located at 282 Nassau Avenue in Greenpoint and contains 21 units across three contiguous buildings, several of which are duplexes with private outdoor space, according to Serhant. Residences are a mix of studios, one-bedrooms and two-bedrooms starting at $795,000.

“I think Greenpoint is very exciting right now,” Serhant said. “There are a lot of Williamsburg and Manhattan buyers who are all choosing Greenpoint first over other parts of Brooklyn.”

The total projected sellout at 282 Nassau Avenue checks in at $23.3 million. Sigoura paid $11.45 million to acquire the land, according to property records.

Sigoura was formerly the chief investment officer at the Naftali Group and is now the CEO at his own company, Legion Investment Group.

He left Naftali in June 2016 to start Highpoint Property Group with Drew Popkin, Naftali’s former head of acquisitions. Sigoura sued his former boss Miki Naftali at the time, alleging that he had refused to pay him and Popkin the share of profits they had agreed on from their deals together, and Naftali then filed his own lawsuit against them, arguing that the pair stole confidential information.

Sigoura and Naftali ceased their lawsuits against each other by that fall, and Sigoura apologized to Naftali for making “some bad judgement calls.”