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Arker Companies
Arker Companies is a long-time family-owned New York City developer that focuses primarily on erecting affordable housing. The Queens-based firm, founded in 1949 by Aron Arker, is headed by brothers Sol and Allan Arker, who also hold properties in Queens and Staten Island. In 2014 Arker purchased a major portfolio in the South Bronx, Two Trees 18-property housing package near the retail corridor of 161st Street and was involved in the renovation of Terrace Gardens, an affordable housing community in Staten Island. The following year Arker broke ground on a housing project in Far Rockaway, Queens, the first project under New York City Mayor Bill de Blasio's program to create affordable housing for low-income seniors. Arker also has developed commercial properties, such as Hewlett Plaza and Kings Plaza Medical Center in Brooklyn, as well as two country club golf courses about an hour outside of New York City.
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08/21/18
...has owned the property since 1984.
3.) A partnership between Arker Companies and Ohio-based Schottenstein Realty Trust sold 2275 Coleman Street, a two-story commercial building in the...
07/25/18
...at 64 Scholes Street in Brooklyn (Credit: Google Maps)
Arker Companies will add to its massive Brooklyn portfolio with a 65-unit residential building in Williamsburg...
06/19/18
...The New York State Housing Finance Fund loaned Arker Companies and the nonprofit Block Institute about $137.04 million for their project at 894 Fountain Avenue in...
06/15/18
...new building: A large affordable housing complex from Arker Companies in East New York
Queens
--10 new apartment buildings with 200 units totaling 218,000 square feet...
05/31/18
...Fountain Avenue (Credit: Google Maps)
Arker Companies secured $137 million in financing for part of its massive affordable housing complex in East...
03/29/18
...with Clipper Equity in Downtown Brooklyn 98 Montague Street.
3) Arker Companies | 1.12 million sf
Arker Companies took the No. 3 spot largely due to the multiple projects...
03/26/18
...Politico. The news comes about two years after Arker Companies bought the site with Northeast Brooklyn Housing Development Corporation for $19 million.
The development will...
02/09/18
...York State Housing Finance Agency.
5. Schrodinger's Walk — $85.2 million
Arker Companies’ affordable project at 10 Schroders Walk in East New York received an $85.2 million loan from...
02/09/18
...mixed-use development coming to East New York from Arker Companies with more than 400 residential units was the biggest project filed with the city last...
01/26/18
...City officials have selected Two Trees Management and Arker Companies to build a pair of 16-story apartments with 500 units at the New York City...
12/08/17
...and include 65 housing units. The eight-story building from Arker Companies would feature 8,577 square feet of commercial space and 423 square feet of community space. The...
10/25/17
...Staples, $11 million
Buyer: Cactus Holdings and 101 Holdings
Seller: Arker Companies
Arker sold this Staples at 2040 White Plains Road in July. The 16,200-square-foot building is...
08/22/17
...Sol Arker
Arker Companies is looking to the state for up to $90 million in tax-exempt bond financing to...
08/08/17
...mixed-use building at 2060 White Plains Avenue. The seller, Arker Companies, still owns the residential second condo, which includes 100 rental units, and comprises the rest...
07/24/17
...Homes is developing the project.
3) 10 Schroeders Walk, Brooklyn
Arker Companies filed plans for another piece of the Fountains East New York mixed-use complex that...
06/15/17
...to Passive House standards.
3. 881 Erskine Street, Brooklyn
The Arker Companies and Fountain Seaview One Housing Development Fund Corporation wants to build a nine-story, 129,068-square-foot...
05/31/17
...of HPNY represented the buyer and the seller.
5.) Arker Companies picked up a 70-unit multifamily building in Williamsburg for $11.7 Million From Essex Plaza Management...
09/09/16
...of affordable apartment buildings in East New York.
Arker Companies, one of the city's most active affordable housing developers, filed plans for apartment buildings...
09/01/16
...build two apartment buildings in East New York.
Arker Companies plans to build a nine-story, mixed-use building at 911 Erskine Street and a six-story apartment...
05/23/16
...a new restaurant tenant.
2.) Affordable housing developer the Arker Companies and partner the Northeast Brooklyn Housing Development Corp. purchased the former Peninsula Hospital Center...
...From left: Arker Companies 67-unit housing project for seniors at 533 Bay Street and Ironstate's David Barry
For decades...
02/17/15
...From left: Allan Arker and Sol Arker
The Arker Companies,which specializes in developing low-income housing, is proving itself to be an important player...
06/10/14
...of the Morrisania portfolio, and David Walentas
The Arker Companies, a New York-based developer of affordable housing, is making a major property play in...
Arker Companies, Principal
15 Verbena Avenue, Suite #100, Floral Park, NY, (516) 277-9300
15 Verbena Avenue, Suite #100, Floral Park, NY, (516) 277-9300
Allan Arker is one of four principals running Arker Companies, a New York...
- Event Sales
- Address 2275 Coleman Street
- Neighborhood Marine Park
- Borough Brooklyn
- Square feet 44,000
- Price $ 12,500,000
- Publication Date 08/27/2018
- Event Date 08/21/2018
- Party 1 Arker Companies, Schottenstein Realty Trust
- Party 2 Shia Rosenbaum
notes
The buyer secured the Marine Park property for $12.5 million.
- Event Financing
- Address 894 Fountain Avenue
- Neighborhood East New York
- Borough Brooklyn
- Price $ 137,000,000
- Publication Date 06/04/2018
- Event Date 05/31/2018
- Party 1 Arker Companies
- Party 2 New York State Housing Finance Agency
notes
The owner secured a $137 million mortgage for the massive affordable housing complex in East New York.
- Event Financing
- Address 10 Schroders Walk
- Neighborhood East New York
- Borough Brooklyn
- Price $ 85,200,000
- Publication Date 02/06/2018
- Event Date 12/01/2018
- Party 1 Arker Companies
- Party 2 NYS Housing Finance Agency, The City of New York
notes
The affordable housing developer obtained construction loans valued at $85.2 million.
- Event Sales
- Address 757 Bushwick Avenue
- Neighborhood Bushwick
- Borough Brooklyn
- Square feet 57,257
- Price $ 11,700,000
- Price per foot $ 204.00
- Publication Date 07/01/2017
- Event Date 05/31/2017
- Party 1 Essex Plaza Management
- Party 2 Arker Companies
notes
The 4-story, 70-unit residential building in Bushwick was sold for $11.7 million.
- Event Financing
- Address 757 Bushwick Avenue
- Neighborhood Bushwick
- Borough Brooklyn
- Square feet 57,257
- Price $ 8,000,000
- Price per foot $ 139.00
- Publication Date 07/01/2017
- Event Date 04/06/2017
- Party 1 Arker Companies
- Party 2 Signature Bank
notes
The entity secured an $8 million mortgage for the 70-unit residential building.
- Event Sales
- Address 195 and 231 Steuben Street
- Neighborhood Park Hill
- Borough Staten Island
- Price $ 27,000,000
- Publication Date 10/01/2013
- Event Date 08/17/2013
- Party 1 DelShah Capital
- Party 1 Brokerage Dane Professional Consulting Group
- Party 2 Arker Companies
- Party 2 Brokerage Dane Professional Consulting Group
- Event Sales
- Building Name 334-336 East 92nd Street
- Address 334 East 92nd Street
- Neighborhood Yorkville
- Borough Manhattan
- Price $ 7,100,000
- Publication Date 08/01/2005
- Event Date 06/22/2005
- Party 2 Arker Companies
notes
$7.1 million; 23 rental units to be developed by 2007
Brooklyn, 11208
EMERALD GREEN LIMITED PARTNERSHIP
EMERALD GREEN LIMITED PARTNERSHIP
1426 Loring Avenue is a 47,564 square foot property built in 2000 in...
Brooklyn, 11239
THE ARKER COMPANIES, FOUNTAIN SEAVIEW L.P.
THE ARKER COMPANIES, FOUNTAIN SEAVIEW L.P.
This property is a new development. The developer(s) filed plans in August of...
Brooklyn, 11239
THE ARKER COMPANIES, FOUNTAIN SEAVIEW A2 L.P.
THE ARKER COMPANIES, FOUNTAIN SEAVIEW A2 L.P.
This property is a new development. The developer(s) filed plans in August of...
Bronx, 10467
Arker Companies, WHITE PLAINS NORTH LP
Arker Companies, WHITE PLAINS NORTH LP
3629 White Plains Road is a 78 square foot building in the Olinville...
Bronx, 10472
ARKER COMPANIES, CLOSE AVENUE LLC
ARKER COMPANIES, CLOSE AVENUE LLC
1092 Close Avenue is a 70,851 square foot building in the Soundview neighborhood...
Staten Island, 10304
ARKER COMPANIES, BAY STREET HOUSING LP
ARKER COMPANIES, BAY STREET HOUSING LP
This property is a new development. The developer(s) filed plans in July of...
Manhattan, 10019
ARKER COMPANIES, WEST OF SEVENTH LMTD PARTNERSHIP
ARKER COMPANIES, WEST OF SEVENTH LMTD PARTNERSHIP
424 West 55th Street is an 18,392 square foot building in the Hell’S...
Manhattan, 10001
ARKER COMPANIES, WEST OF SEVENTH LMTD PARTNERSHIP
ARKER COMPANIES, WEST OF SEVENTH LMTD PARTNERSHIP
257 West 29th Street is a 24,480 square foot building in the Chelsea...
Queens, 11433
Silverstone Property Development | Arker Companies, ARCHER MERRICK HOUSING DEVELOPMENT FUND CORP
Silverstone Property Development | Arker Companies, ARCHER MERRICK HOUSING DEVELOPMENT FUND CORP
This property is a new development. The developer(s) filed plans in March of...
...From left: Arker Companies 67-unit housing project for seniors at 533 Bay Street and Ironstate's David Barry
For decades...
Brooklyn, 11239
THE ARKER COMPANIES, FOUNTAIN SEAVIEW L.P.
THE ARKER COMPANIES, FOUNTAIN SEAVIEW L.P.
This property is a new development. The developer(s) filed plans in August of...
Brooklyn, 11239
THE ARKER COMPANIES, FOUNTAIN SEAVIEW A2 L.P.
THE ARKER COMPANIES, FOUNTAIN SEAVIEW A2 L.P.
This property is a new development. The developer(s) filed plans in August of...
Staten Island, 10304
ARKER COMPANIES, BAY STREET HOUSING LP
ARKER COMPANIES, BAY STREET HOUSING LP
This property is a new development. The developer(s) filed plans in July of...
Bronx, 10467
Arker Companies, WHITE PLAINS NORTH LP
Arker Companies, WHITE PLAINS NORTH LP
3629 White Plains Road is a 78 square foot building in the Olinville...
Queens, 11433
Silverstone Property Development | Arker Companies, ARCHER MERRICK HOUSING DEVELOPMENT FUND CORP
Silverstone Property Development | Arker Companies, ARCHER MERRICK HOUSING DEVELOPMENT FUND CORP
This property is a new development. The developer(s) filed plans in March of...
