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    Maddd Equities

    15 Verbena Avenue, 2nd Floor
    Floral Park, NY 11001
    (516) 821-2003
    Website

    Maddd Equities is a real estate investment and development firm. Its focus is multifamily, commercial, and residential development and acquisitions in New York City, its surrounding area, and parts of South Florida. Cuban-born owner Jorge Madruga began as a parking lot owner and then transitioned into building affordable housing in the Bronx.

    Today, the Floral Park-based firm has been involved in the redevelopment of more than 1,500 units of rental housing and 200,000 square feet of commercial and office space. Maddd's management arm, Verbena Management, handles 28 buildings and 750 parking spaces in the New York City metro area, including retail and residential rentals in Long Island.

    Among its most prized possessions is the Four Points Hotel at 444 Tenth Avenue. The firm has also built other Manhattan hotels and luxury rental buildings in recent years, in addition to condos and rental buildings in the Bronx. It also purchased the long-time site of the Newark Star-Ledger in 2014.

    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Price $ 130,000,000
    • Publication Date 12/27/2019
    • Event Date 12/19/2019
    • Party 1 Joy Construction, Maddd Equities
    • Party 2 Natixis
    notes
    The lender issued a loan of $130 million for the Upper East Side property.
    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Square feet 90,000
    • Price $ 130,000,000
    • Publication Date 12/06/2019
    • Event Date 12/06/2019
    • Party 1 Maddd Equities, Joy Construction
    • Party 1 Brokerage Progress Capital
    • Party 1 Broker Brad Domenico
    • Party 2 Natixis
    notes
    The lender issued a loan of $130 million for the Upper East Side property.
    • Event Financing
    • Address 1184 River Avenue
    • Neighborhood Longwood Melrose
    • Borough Bronx
    • Price $ 64,000,000
    • Publication Date 07/05/2019
    • Event Date 07/02/2019
    • Party 1 Maddd Equities, Joy Construction
    • Party 2 Wells Fargo
    notes
    The lender issued a construction loan of $64 million for the Longwood Melrose portfolio.
    • Event Financing
    • Address 445 West 35th Street
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 98,576
    • Price $ 45,000,000
    notes
    The lender issued a loan of $45 million for the Hudson Yards property.
    • Event Office Leasing
    • Address 1825 Boston Road
    • Neighborhood Charlotte Gardens
    • Borough Bronx
    • Square feet 9,270
    notes
    The medical center signed a lease for the Charlotte Gardens space.
    • Event Sales
    • Address 235 Park Avenue
    • Neighborhood Clinton Hill
    • Borough Brooklyn
    • Square feet 67,000
    • Price $ 27,000,000
    notes
    The buyer purchased the Clinton Hill property for $27 million.
    • Event Financing
    • Address 139 Alexander Avenue
    • Neighborhood Mott Haven
    • Borough Bronx
    • Price $ 4,157,000
    • Publication Date 09/17/2018
    • Event Date 09/12/2018
    • Party 1 Maddd Equities
    • Party 1 Brokerage Progress Capital
    • Party 1 Broker Brad Domenico
    • Party 2 Sterling National Bank
    notes
    The owner secured a construction loan of $4.16 million for the Mott Haven portfolio.
    • Event Sales
    • Address 202 Tillary Street
    • Neighborhood Fort Greene
    • Borough Brooklyn
    • Square feet 115,000
    • Price $ 30,000,000
    notes
    The buyer purchased the Fort Greene portfolio for $30 million.
    • Event Financing
    • Address 202 Tillary Street
    • Neighborhood Fort Greene
    • Borough Brooklyn
    • Square feet 115,000
    • Price $ 51,000,000
    notes
    The buyer secured an acquisition/construction loan of $51 million for the Fort Greene portfolio.
    • Event Financing
    • Address 411 West 35th Street
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 178,414
    • Price $ 86,000,000
    notes
    The partnership secured an $86 million refinancing for the Hudson Yards property.
    • Event Financing
    • Address 330 East 62nd Street
    • Neighborhood Lenox Hill
    • Borough Manhattan
    • Square feet 90,000
    • Price $ 86,250,000
    notes
    The partnership acquired a $86.25 million new construction loan for the Lenox Hill building.
    • Event Financing
    • Address 2526 Grand Concourse
    • Neighborhood Fordham
    • Borough Bronx
    • Square feet 73,724
    • Price $ 8,400,000
    notes
    The owner secured an $8.4 mortgage for the Fordham building.
    • Event Office Leasing
    • Address 330 East 62nd Street
    • Neighborhood Lenox Hill
    • Borough Manhattan
    • Square feet 100,000
    notes
    The cancer center signed a 48-year lease.
    Bronx, 10452
    Madd Equities, MADDD EQUITIES
    This property is a new development. The developer(s) filed plans in May of...
    Bronx, 10454
    Maddd Equities, NA
    This property is a new development. The developer(s) filed plans in February of...
    Bronx, 10454
    Maddd Equities
    ...
    Bronx, 10454
    Maddd Equities, NA
    This property is a new development. The developer(s) filed plans in February of...
    Manhattan, 10065
    MADDD EQUITIES, YYY 62ND STREET LLC
    This property is a new development. The developer(s) filed plans in September of...
    Queens, 11101
    MADDD EQUITIES, 11-55 49TH AVENUE LLC
    This property is a new development. The developer(s) filed plans in March of...

    03/12/2019
    “It’s the architect as quarterback,” said Ariel Aufgang, founder and head of Aufgang Architects, a 44-person design firm based in Suffern, New York, which worked on Joy Construction and Maddd Equities’ mixed-use development at 411 West 35th Street...
    Bronx, 10452
    Madd Equities, MADDD EQUITIES
    This property is a new development. The developer(s) filed plans in May of...
    Bronx, 10454
    Maddd Equities, NA
    This property is a new development. The developer(s) filed plans in February of...
    Bronx, 10454
    Maddd Equities
    ...
    Bronx, 10454
    Maddd Equities, NA
    This property is a new development. The developer(s) filed plans in February of...
    Manhattan, 10065
    MADDD EQUITIES, YYY 62ND STREET LLC
    This property is a new development. The developer(s) filed plans in September of...
    Queens, 11101
    MADDD EQUITIES, 11-55 49TH AVENUE LLC
    This property is a new development. The developer(s) filed plans in March of...
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