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Urban American

590 56th Street
West New York, NJ 07093
(201) 553-9800
Website

Urban American Property Management owns and manages apartments in New York City, Westchester County, and New Jersey. In the 2000s, Urban American was one of New York Citys leading private-equity-backed real estate investment firms. Its CEO is Philip Eisenberg. The firm has slimmed since then, though it still maintains a considerable presence in the city. In 2012 it sold off part of one of its Uptown apartment packages, and in 2014 it listed a 14-building block of its properties in Brooklyn. In 2010 it formed an initiative to provide housing discounts to veterans returning from international deployment. The firm has also been involved in a few controversies. In 2009 the firm sued the New York City Department of Housing Preservation and Development over lost income allegedly tied to deferred rent increases at three of its Harlem multi-family apartment complexes. The following year, Urban American was accused by tenants at several of its Harlem rent-stabilized apartments of trying to squeeze them out by increasing rents and refusing maintenance.

Urban American, CEO
590 56th Street, West New York, NJ, 201-553-9800
Philip Eisenberg is CEO at real estate management firm Urban American, which operates...
  • Event Sales
  • Address 122-20 Ocean Promenade
  • Neighborhood Rockaway Park
  • Borough Queens
  • Price $ 15,000,000
  • Publication Date 01/17/2020
  • Event Date 01/14/2020
  • Party 1 Urban American Management
  • Party 2 Madison International Realty
notes
The buyer acquired the Rockaway Park property for $15 million.
  • Event Sales
  • Address 30-95 29th Street
  • Neighborhood Astoria
  • Borough Queens
  • Square feet 22,536
  • Price $ 19,000,000
  • Publication Date 01/17/2020
  • Event Date 01/13/2020
  • Party 1 Urban American Management
  • Party 2 Madison International Realty
notes
The buyer bought the Astoria property for $19 million.
  • Event Sales
  • Address 50 Overlook Terrace
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 14,000,000
  • Publication Date 01/10/2020
  • Event Date 01/09/2020
  • Party 1 Urban American Management
  • Party 2 Madison International Realty
notes
The buyer acquired the Washington Heights property for $14 million.
  • Event Sales
  • Address 143-48 41st Avenue
  • Neighborhood Flushing
  • Borough Queens
  • Square feet 56,000
  • Price $ 14,125,000
  • Publication Date 02/06/2018
  • Event Date 01/03/2018
  • Party 1 Urban American Management
  • Party 2 W Brothers Realty
notes
The buyer acquired the 6-story residential building in Flushing for $14.125 million.
  • Event Financing
  • Address 1894 Lexington Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 36,000
  • Price $ 9,800,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Financing
  • Address 1309 Fifth Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 179,900,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Financing
  • Address 1295 Fifth Avenue
  • Neighborhood South Harlem
  • Borough Manhattan
  • Price $ 179,900,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Financing
  • Address 1940 First Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 198,600,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Financing
  • Address 3333 Broadway
  • Neighborhood Manhattanville
  • Borough Manhattan
  • Price $ 244,000,000
notes
The firms acquired a loan to refinance the property -- which was part of the Putnam Portfolio -- for
  • Event Sales
  • Address 30-58 and 64 34th Street
  • Neighborhood Astoria
  • Borough Queens
  • Square feet 49,600
  • Price $ 20,500,000
  • Price per foot $ 413.00
notes
The 2 adjacent buildings with a combined 70 residential units in Astoria were sold for $20.5 million.
  • Event Sales
  • Address 515 West 168th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 40,185
  • Price $ 18,200,000
notes
The multifamily building was sold for $18.2 million.
  • Event Sales
  • Address 442 Lorimer Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 60,000,000
notes
The rental portfolio sold for $60 million and included 164 Havemeyer Street and 181 Havemeyer Street.
  • Event Sales
  • Address Brooklyn portfolio
  • Neighborhood Midtown
  • Borough Brooklyn
  • Price $ 18,100,000
  • Event Sales
  • Address Harlem portfolio
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 940,000,000
  • Publication Date 06/01/2007
  • Event Date 04/17/2007
  • Party 1 Cammeby's International Group
  • Party 2 Urban American Management, City Investment Fund
  • Event Sales
  • Address 1307 Fifth Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 940,000,000
  • Price per foot $ 235,000.00
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 MPL LLC
  • Party 2 Urban American Management, City Investment Fund
notes
The former Mitchell-Lama buildings sold for $940 million, or $235,000 per unit, in the second-largest residential portfolio sale in Manhattan to date. The seller, Cammeby's International, is controlled by landlord Ruby Schron. The buildings are located at 3333 Broadway, 455 East 102nd Street, 1940 First Avenue, 1890 Lexington Avenue, 1990 Lexington Avenue and 1307 Fifth Avenue. The deal also included 552 Main Street on Roosevelt Island.
  • Event Sales
  • Address Eastchester Heights
  • Neighborhood Pelham Gardens
  • Borough Bronx
  • Price $ 133,000,000
  • Event Sales
  • Address Brooklyn portfolio
  • Neighborhood Midtown
  • Borough Brooklyn
  • Price $ 64,700,000
Brooklyn, 11203
KINGS & QUEENS HOLDIN
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Brooklyn, 11236
1625 ROCKAWAY PARKWAY
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Queens, 11385
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Queens, 11106
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Queens, 11102
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Queens, 11106
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Queens, 11355
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Queens, 11694
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Manhattan, 10033
LICHTER REAL ESTATE
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Manhattan, 10040
213 BENNETT AVENUE, L
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Manhattan, 10032
106 FORT WASHINGTON,
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Manhattan, 10024
URBAN AMERICAN MANAGEMENT, 215 W 88 LLC
The sponsor(s) filed plans on 05/08/06 for a condo project at 215 West...
Manhattan, 10029
NYC HPD / DCAS
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Manhattan, 10035
BSREP UA MILES LLC
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Manhattan, 10029
BSREP UA RIVER CROSSI
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Manhattan, 10029
BSREP UA RIVER CROSSI
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Manhattan, 10044
ROOSEVELT ISLAND OPER
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11/01/2015
Eisenberg was formerly a principal of his family business Urban American Management, still headed by his father Philip...

02/02/2015
CBRE’s Darcy Stacom and Eastdil’s Doug Harmon One of New York City’s longest-standing rivalries, between Eastdil Secured and CBRE for the lead in investment sales, CBRE’s Darcy Stacom and Eastdil’s Doug Harmon One of New York City’s longest-standing rivalries, between Eastdil Secured and CBRE for the lead in investment sales,...

02/01/2014
A&E’s Eisenberg, who previously worked as a principal of his family business Urban American, departed the company in 2011 and has snapped up several Upper Manhattan portfolios since...

10/01/2010
While competitors like Pinnacle have been selling, Urban American, led by Philip Eisenberg and his son Douglas, have been bargain-hunting, as well as acquiring nonperforming loans and providing needed capital to distressed owners...
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