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BFC Partners
BFC Partners is a real estate developer founded in 1985 by Donald Capoccia, Joseph Ferrara, and Brandon Baron. The firm has since completed more than $1 billion in development projects, including the Empire Outlets in Staten Island and the Harbor Commons retail and hotel complex next to the Richmond County stadium in Staten Island. BFC also has targeted redevelopment projects, such as the Bedford-Union armory in Crown Heights, which the firm in 2015 announced plans to convert into private townhomes and affordable housing. BFC has also partnered with firms such as L&M Development Partners to buy up stakes in affordable housing projects around the city. BFC has been targeted by tenants over the years with allegations of shoddy construction. In 2006, the firm settled with Attorney General Eliot Spitzer to fix water damage and structural defects in a Harlem building, and three years later BFC was in court defending itself against a lawsuit by condo owners in Williamsburg who alleged defective design.
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08/15/17
...L+M Development Partners, Taconic Investment Partners and BFC Partners are developing the 15-story project, along with the rest of the $1.5 billion Essex Crossing...
08/04/17
...Trust and Washington Square Partners are the sellers. BFC Partners, which developed the tower in partnership with the two firms, will keep its stake...
07/24/17
...Essex Crossing with L+M Development Partners and BFC Partners. The 1.9 million-square-foot mixed-use development on the Lower East Side is one of the largest...
07/21/17
...L+M Development Partners, Taconic Investment Partners and BFC Partners are developing Essex Crossing, a $1.5 billion project that is spread out over 10 sites.
In...
07/17/17
...between 2000 and 2014.
In the RSA’s latest filings, BFC Partners...
07/05/17
...residences building Ingersoll Houses in Fort Greene. Developer BFC Partners will begin work on the project next month.
Wells Fargo also issued a $32 million...
06/29/17
...signs reading “BFC = Gentrification” in reference to developer BFC Partners and cheered the result.
The board merely has an advisory role and the project...
06/13/17
...properties.
Large developers L+M Development Partners and BFC Partners own several sites in the neighborhood. But many of the properties in the rezoning...
05/19/17
...whether to support the project in recent months. BFC Partners and CAMBA, a Brooklyn-based nonprofit, plan to transform the vacant 138,000-square-foot site into a...
05/17/17
...Flatbush Avenue Extension from the MetroTech Center.
In 2009, BFC Partners built the 240-unit Toren rental tower at 150 Myrtle Avenue, and in 2014, Lalezarian Properties built...
05/05/17
...filed plans for the 112,821-square-foot building last month. BFC Partners is developing the building, which is specifically targeting LGBT seniors, according a Kings County...
05/03/17
...close.
On the other side of the island, BFC Partners is developing the $354 million Empire Outlets shopping center. In February, the firm landed an...
05/01/17
...Delancey Street Associates, which is a partnership between BFC Partners, L+M Development Partners and Taconic Investment Partners, it will bring more than 1,000 rental...
05/01/17
...L+M Development Partners, Taconic Investment Partners and BFC Partners is developing the $1.5 billion megaproject, which is spread out over 10 sites.
The New York...
04/21/17
...market controlling ownership in the building, sources said. BFC Partners, which led the building’s development and has a small minority stake, would remain...
04/10/17
...Images)
Shake Shack will set up shop at BFC Partners’ Empire Outlets.
The fast food restaurant, headed by Danny Meyer, will open in 2018, Eater...
03/22/17
...Greene, for example, which is being developed by BFC Partners, is facing a significant funding gap, according to the newspaper. The $47 million project is...
03/16/17
...by a private developer. The project’s developer, BFC Partners , plans to convert the 542,000-square-foot former military building into 330 affordable and market-rate rentals, along...
03/15/17
...L+M Development Partners, Taconic Investment Partners and BFC Partners. The site, which is home to part of the Essex Street Market, was originally...
03/13/17
...Caple Spence and Don Cappocia
The nonprofit that BFC Partners selected to team up with on the Bedford-Union Armory redevelopment in Crown Heights is...
03/09/17
...a resource for the community."
The project's developer, BFC Partners , plans to convert the 542,000-square-foot former military building into 330 affordable and market-rate rentals, along...
03/03/17
...Union Armory, Bill de Blasio and Donald Capoccia
BFC Partners, the developer behind the controversial Bedford-Union Armory redevelopment, is pledging to put a portion...
03/01/17
...Bedford Union Armory
BFC Partners brought a local nonprofit on as a partner on its embattled Bedford Union Armory...
02/28/17
...L+M Development Partners, Taconic Investment Partners and BFC Partners -- made the changes to ensure the project stays on track while politicians debate...
02/07/17
...redevelopment project in Crown Heights to lead developer BFC Partners. — Kathryn Brenzel
Editor's note: This story was updated to include a statement from Slate...
- Event Retail Leasing
- Address 101 Smith
- Neighborhood Boerum Hill
- Borough Brooklyn
- Square feet 600
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 Bfc Partners
- Party 1 Brokerage Ingram & Hebron Realty
- Party 1 Broker Rob Hebron
- Party 2 Metro PCS
- Party 2 Brokerage Ingram & Hebron Realty
- Party 2 Broker Rob Hebron
notes
The telecommunication provider signed a lease.
- Event Office Leasing
- Address 1000 Dean Street
- Neighborhood Crown Heights
- Borough Brooklyn
- Square feet 17,000
- Publication Date 03/01/2017
- Event Date 01/15/2017
- Party 1 BFC Partners, Brownstoner Development, Goldman Sachs Urban Investment Group
- Party 1 Brokerage TerraCRG
- Party 1 Broker Christopher Havens
- Party 2 Ignitia Office
notes
The co-working company signed a lease to open its first location.
- Event Sales
- Address 292 Atlantic Avenue
- Neighborhood Boerum Hill
- Borough Brooklyn
- Square feet 7,500
- Price $ 10,300,000
- Publication Date 02/01/2017
- Event Date 12/18/2016
- Party 1 Thor Equities
- Party 1 Brokerage RKF
- Party 1 Broker Brian Segall, George Martinez
- Party 2 BFC Partners
- Party 2 Brokerage RKF
- Party 2 Broker Brian Segall, George Martinez
notes
The mixed-use multifamily and retail building was sold for $10.3 million.
- Event Sales
- Address 153-19 Jamaica Avenue
- Neighborhood Jamaica
- Borough Queens
- Square feet 24,625
- Price $ 12,250,000
- Publication Date 11/01/2016
- Event Date 09/15/2016
- Party 1 Jerry Black
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Jack Cohen
- Party 2 BFC Partners
- Party 2 Brokerage Besen & Associates
- Party 2 Broker Pacal Levy
notes
The commercial building sold for $12.25 million in a deal that included 153-27 Jamaica Avenue.
- Event Office Leasing
- Address 1000 Dean Street
- Neighborhood Crown Heights
- Borough Brooklyn
- Square feet 11,775
- Publication Date 11/01/2016
- Event Date 09/15/2016
- Party 1 BFC Partners, Brownstoner Development
- Party 1 Brokerage Citi Habitats
- Party 1 Broker Christopher Havens
- Party 2 A+E Networks
- Party 2 Brokerage Ingram & Hebron Realty
- Party 2 Broker Rob Hebron, Bosko Stankovic
notes
The cable network owner signed 10-year lease.
- Event Sales
- Address 180 East 93rd Street
- Neighborhood Brownsville
- Borough Brooklyn
- Square feet 300,000
- Price $ 60,000,000
- Price per foot $ 200.00
- Publication Date 09/01/2016
- Event Date 07/15/2016
- Party 1 Black Spruce Management
- Party 1 Brokerage Rosewood Realty Group
- Party 1 Broker Aaron Jungreis
- Party 2 BFC Partners, K&R Preservation
- Party 2 Brokerage Rosewood Realty Group
- Party 2 Broker Aaron Jungreis
notes
The portfolio sold for $60 million and includes 86-290 East 91st Street, 185 East 92nd Street, 972 Leggett Avenue and 60-68 West 162nd Street.
- Event Retail Leasing
- Address 55 Richmond Terrace
- Neighborhood St. George
- Borough Staten Island
- Square feet 17,000
- Publication Date 06/01/2016
- Event Date 05/18/2016
- Party 1 BFC Partners
- Party 2 Nike
notes
The sports apparel giant signed a lease.
- Event Sales
- Address 342 East 8th Street
- Neighborhood East Village
- Borough Manhattan
- Square feet 90,000
- Price $ 44,000,000
- Price per foot $ 488.89
- Publication Date 06/01/2016
- Event Date 05/18/2016
- Party 1 BFC Partners
- Party 2 L+M Development Partners
notes
The multifamily residential building sold for $44 million.
- Event Retail Leasing
- Address 55 Richmond Terrace
- Neighborhood Rahway
- Borough Staten Island
- Square feet 3,817
- Publication Date 03/01/2016
- Event Date 01/01/2016
- Party 1 BFC Partners
- Party 1 Brokerage Casandra Properties
- Party 1 Broker James Prendamano
- Party 2 Jewelers on Fifth
notes
The jewelers signed a lease.
- Event Sales
- Address 1955 First Avenue
- Neighborhood East Harlem
- Borough Manhattan
- Price $ 103,000,000
- Publication Date 02/01/2016
- Event Date 12/23/2015
- Party 1 L+M Development Partners, BFC Partners, River Equities
- Party 2 Clipper Realty
notes
The 232-unit mulitfamily building sold for $103 million.
- Event Retail Leasing
- Address 115 Delancey Street
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 65,000
- Publication Date 01/01/2015
- Event Date 11/17/2014
- Party 1 L+M Development Partners, Taconic Investment Partners, BFC Partners
- Party 2 Regal Cinemas
notes
The cinema signed a 15-year lease.
- Event Retail Leasing
- Address 21 East 1st Street
- Neighborhood East Village
- Borough Manhattan
- Square feet 4,212
- Publication Date 02/01/2013
- Event Date 12/23/2012
- Party 1 BFC Partners
- Party 1 Brokerage STL Realty
- Party 1 Broker John Oliveri
- Party 2 TD Bank
- Party 2 Brokerage Ripco Real Estate
- Party 2 Broker Joanne Podell
notes
The bank signed a 20-year lease for another location.
Staten Island, 10301
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
35 Richmond Terrace is a 62,294 square foot property in the St. George...
Staten Island, 10301
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
15 Richmond Terrace is a 77,828 square foot property in the St. George...
Staten Island, 10304
BFC Partners, BFC 475 RESIDENTIAL LLC
BFC Partners, BFC 475 RESIDENTIAL LLC
475 Bay Street is a 170,644 square foot property in the Stapleton neighborhood...
Manhattan, 10002
The Lower East Side is a neighborhood in lower Manhattan, bounded by Canal...
10/10/16
...Street, Manhattan
Delancey Street Associates — a partnership between BFC Partners, L+M Development Partners and Taconic Investment Partners — recently filed plans for a 25-story...
...Don Capoccia, the founder of 7 Dekalb Avenue co-developer BFC Partners, is also a broker.
Numbers game
Developers, of course, don’t pick a firm...
...million
Date: December 2014
L+M Development Partners and BFC Partners acquired a 50 percent stake in all of the Section 8-subsidized buildings owned by the...
...the complex.
Coming in at No. 2 was Brooklyn-based BFC Partners, with 170,644 square feet under development at 475 Bay Street, a planned 214-unit rental building a...
Staten Island, 10301
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
35 Richmond Terrace is a 62,294 square foot property in the St. George...
Staten Island, 10301
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
BFC Partners, ST GEORGE OUTLET DEVELOPMENT LLC
15 Richmond Terrace is a 77,828 square foot property in the St. George...
Staten Island, 10304
BFC Partners, BFC 475 RESIDENTIAL LLC
BFC Partners, BFC 475 RESIDENTIAL LLC
475 Bay Street is a 170,644 square foot property in the Stapleton neighborhood...
