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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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11/20/18
...Essex Crossing.
The developer, a joint-venture partnership between BFC Partners, L+M Development Partners, Prusik Group and Taconic Investment Partners, received a $93 million loan...
10/24/18
...less desirable.”
Empire Outlets, the outlet mall from BFC Partners, is another long-awaited project for the neighborhood that is now set to open in...
10/16/18
...And on the border of Morrisania and Melrose, BFC Partners and WHEDco are planning the massive Bronx Commons project, which will include 305 affordable housing...
09/18/18
...A joint venture between L+M Development Partners, BFC Partners and Taconic Investment Partners is spearheading the 1.65-million-square-foot project, which will include 1,000 units of...
09/05/18
...-19 Jamaica Avenue, Queens
A joint venture between BFC Partners and the NYC Partnership Housing Development Fund is planning this 139-unit project in Downtown...
08/31/18
...State Realty Trust CEO Anthony Malkin ($2,000 to each), BFC Partners principal Donald Capoccia ($2,500 to James and $1,000 to Maloney) and Fetner Properties CEO Harold Fetner...
08/20/18
...the area by this project in recent years. BFC Partners built the 240-unit Toren rental tower at 150 Myrtle Avenue in 2009, and Lalezarian Properties built...
08/16/18
...BFC Partners...
08/10/18
...Maps)
A joint venture between affordable housing developer BFC Partners and the NYC Partnership Housing Development Fund filed permits for a 21-story, 139-unit rental...
07/25/18
...why developers such as L+M Development Partners, BFC Partners and Taconic Investment Partners have opted for open shops. The trio has hired both...
07/06/18
...why developers such as L+M Development Partners, BFC Partners and Taconic Investment Partners have opted for open shops. The trio has hired both...
07/05/18
...second rental building at the city’s and BFC Partners’ controversial Bedford-Union Armory in Crown Heights and contain 60 affordable units, a community inpatient treatment...
...why developers such as L+M Development Partners, BFC Partners and Taconic Investment Partners have opted for open shops. The trio has hired both...
06/26/18
...Broome — which Taconic Investment Partners, L+M and BFC Partners are building — and Steiner NYC’s 82-unit 438 East 12th Street, which is nearly sold...
06/17/18
...January 2014 by a partnership of developers that included BFC Partners, L+M Development Partners and K&R Preservation. Together, they bought a 50 percent...
06/14/18
...Broome — which Taconic Investment Partners, L+M and BFC Partners are building -— and Steiner NYC’s 82-unit 438 East 12th Street, which is nearly...
...Broome — which Taconic Investment Partners, L+M and BFC Partners are building -— and Steiner NYC’s 82-unit 438 East 12th Street, which is nearly...
06/01/18
...Management originated the debt. Taconic — in partnership with BFC Partners, L+M Development Partners and Goldman Sachs — has $1.5 billion in mixed-use development underway in...
05/17/18
...complexes from prominent developers like Phipps Houses and BFC Partners. And even more such projects are coming to the Bronx, including a roughly 750-unit...
05/15/18
...on 160 Van Brunt Street in Red Hook and BFC Partners on 292 Atlantic Avenue in Cobble Hill during his time at SCG.
“Ripco has a...
05/15/18
...housing units. This was followed by Bronx Commons, BFC Partners’ and WHEDco's $140 million affordable housing project at 430 East 163rd Street, and Phipps Houses’ $86.7 million...
05/07/18
...development as a “game changer” for the borough.
BFC Partners is spearheading the outlet mall, and founding principal Joseph Ferrara said he had previously...
05/02/18
...of Taconic Investment Partners, L&M Development, BFC Partners and Goldman Sachs...
04/25/18
...amp;M co-developed the East Village building with BFC Partners in the early 2000s, completing the project in 2002. L&M bought out BFC...
04/10/18
...to the controversial Bedford-Union Armory project led by BFC Partners at 1101 President Street in Crown Heights. The 15-story project spans 300,487 square feet and contains...
- Event Retail Leasing
- Address 55 Richmond Terrace
- Neighborhood St. George
- Borough Staten Island
- Square feet 5,450
- Publication Date 08/20/2018
- Event Date 08/16/2018
- Party 1 BFC Partners
- Party 1 Brokerage Casandra Properties
- Party 1 Broker James Prendamano
- Party 2 Levi's
- Party 2 Brokerage Casandra Properties
- Party 2 Broker James Prendamano
notes
The clothing company inked a lease for the St. George building.
- Event Retail Leasing
- Address Essex Crossing
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 150
- Publication Date 06/04/2018
- Event Date 05/24/2018
- Party 1 Prusik Group, L+M Development Partners, Taconic Investment Partners, BFC Partners, Goldman Sachs
- Party 1 Brokerage Prusik Group
- Party 2 Doughnut Plant
notes
The doughnut shop inked a lease in the planned marketplace in the Lower East Side.
- Event Retail Leasing
- Address Essex Crossing
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 150
- Publication Date 06/04/2018
- Event Date 05/24/2018
- Party 1 Prusik Group, L+M Development Partners, Taconic Investment Partners, BFC Partners, Goldman Sachs
- Party 1 Brokerage Prusik Group
- Party 2 The Pickle Guys
notes
The pickler inked a lease in the planned marketplace in the Lower East Side.
- Event Retail Leasing
- Address Essex Crossing
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 410
- Publication Date 06/04/2018
- Event Date 05/24/2018
- Party 1 Prusik Group, L+M Development Partners, Taconic Investment Partners, BFC Partners, Goldman Sachs
- Party 1 Brokerage Prusik Group
- Party 2 Substance Vitality Bar
notes
The juicery inked a lease in the planned marketplace in the Lower East Side.
- Event Retail Leasing
- Address Essex Crossing
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 410
- Publication Date 06/04/2018
- Event Date 05/24/2018
- Party 1 Prusik Group, L+M Development Partners, Taconic Investment Partners, BFC Partners, Goldman Sachs
- Party 1 Brokerage Prusik Group
- Party 2 Castania Nut Boutique
notes
The nut-seller inked a lease in the planned marketplace in the Lower East Side.
- Event Retail Leasing
- Address Empire Outlets
- Borough Staten Island
- Square feet 4,040
- Publication Date 06/04/2018
- Event Date 05/21/2018
- Party 1 BFC Partners
- Party 1 Brokerage Casandra Properties
- Party 1 Broker James Prendamano
- Party 2 Brooks Brothers
- Party 2 Brokerage Casandra Properties
- Party 2 Broker James Prendamano
notes
The upscale retailer inked a lease for space in the planned outlet center.
- Event Retail Leasing
- Address 55 Richmond Terrace
- Neighborhood Saint George
- Borough Staten Island
- Square feet 2,950
- Publication Date 03/26/2018
- Event Date 03/16/2018
- Party 1 BFC Partners
- Party 1 Brokerage Douglas Elliman
- Party 1 Broker Michael Brais
- Party 2 Artichoke Basille
- Party 2 Brokerage Douglas Elliman
- Party 2 Broker Michael Brais
notes
The gourmet pizza chain inked a lease in Saint George.
- Event Financing
- Address 140 Essex Street
- Neighborhood Lower East Side
- Borough Manhattan
- Square feet 11,156
- Price $ 34,000,000
- Publication Date 11/13/2017
- Event Date 11/03/2017
- Party 1 BFC Partners, L+M Development Partners, Taconic Investment, Goldman Sachs
- Party 2 Wells Fargo
notes
The developers acquired a $34 million construction loan for the affordable senior housing property.
- 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 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 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 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 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 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 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...
Staten Island, 10301
BFC PARTNERS, ST GEORGE OUTLET DEVELOPMENT LLC
BFC PARTNERS, ST GEORGE OUTLET DEVELOPMENT LLC
This property is a new development. The developer(s) filed plans in September of...
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, 10301
BFC PARTNERS, ST GEORGE OUTLET DEVELOPMENT LLC
BFC PARTNERS, ST GEORGE OUTLET DEVELOPMENT LLC
This property is a new development. The developer(s) filed plans in September of...
