David Schechtman | The Real Deal New York

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David Schechtman

Senior Managing Director, Meridian Investment Sales
Meridian Capital Group
1 Battery Park Plaza, 26th Floor
New York, NY 10004
(212) 612-0192
Website
David Schechtman

David Schechtman, Esq., is an attorney, commercial broker, and former executive managing director at Eastern Consolidated, having moved to Meridian Capital in April of 2015. He primarily represents clients in commercial litigation, bankruptcy, and settlement cases, in addition to representing sellers in condominium transactions. At Eastern Consolidated, he also headed the LoanSales and Turnaround Services Group, focusing on the sale of assets in connection with financial distress and restructuring.

Major deals for Schechtman include seller representation on a $215 million deal at the 1.25 million-square-foot 344-352 West Street and a $42 million sale at 537-345 West 27th Street. He has participated in over $4 billion in real estate transactions.

Schechtman is a member of the Real Estate Board of New York (REBNY). He graduated from the Cardozo School of Law and is fluent in Spanish.

-WP


01/24/17
A group of Great Neck-based investors is in contract to buy a 29-story former student dormitory in Brooklyn Heights for $30 million, with plans for...

01/20/17
Larry Cerullo and Steve Tallides, owners of the popular sports bar and event space Studio Square in Long Island City, sold a nearby office property...

01/20/17
Scenes from the Real Estate Board of New York's 121st annual banquet (Credit: Adam Pincus for TRD) The Real Estate Board of New York’s annual...

12/20/16
Sugar Hill Capital Partners has purchased three multifamily rental buildings in Inwood for $39 million. The company, led by David Schwartz and partners, scooped up...

12/13/16
N. Richard Kalikow’s Gamma Real Estate outbid Brooklyn investor Isaac Hager Tuesday to acquire a prime Upper East Side development site at 3 Sutton Place...

12/08/16
UPDATED, Dec. 9, 4:09 p.m.: Ran Eliasaf’s Northwind Group, Harrison Street Real Estate Capital and the Engel Burman Group jointly picked up a 14-story Upper...

12/05/16
Clockwise from top: Adelaide Polsinelli, Kevin Plank, David Firestein and Todd Bassen and a crowd at ICSC Make big bets with big partners. That was the...

11/29/16
David Lichtenstein’s Lightstone Group sold a 121-unit rental building to Mallory Management for $72.5 million, or more than $1,000 a foot, sources told The Real...

11/21/16
Even before Election Day threw global and domestic markets into disarray, New York City’s investment sales market was having a volatile year. Deal and dollar volumes...

11/18/16
Bauhouse Group head Joseph Beninati’s distressed Sutton Place development site is scheduled to hit the auction block in December. Tags: 3 Sutton Place, Bauhouse Group,...

11/11/16
UPDATED, Nov. 16, 9:00 a.m.: Slate Property Group sold a pair of contiguous Chelsea rental buildings for $29.5 million, the firm said Friday. The properties...

11/10/16
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10/07/16
On Thursday afternoon, Eastdil Secured CEO Roy March received the industry’s equivalent of the 3 a.m. phone call. On the line were his star brokers...

09/21/16
A bankruptcy court gave the green light for a sale of Joseph Beninati’s troubled 3 Sutton Place condominium project. Tags: 3 Sutton Place, gamma real estate,...

08/11/16
The investment sales market went into a slump during the first half of the year, which means one thing for commercial real estate brokers Tags:...

07/01/16
Sabr Group, a Midtown-based financial consulting firm, picked up a portfolio of four contiguous Midtown East townhouses from three different owners for $54 million, or...

06/02/16
The Hirsch family picked up a Downtown Brooklyn residential-and-retail building near the MetroTech Center for $46.7 million or roughly $1,300 per square foot. The four-story,...

05/31/16
Joe Sitt wants to strike while the iron is still hot. Thor Equities, Sitt’s development and investment firm, is looking to sell off a sizable...

05/25/16
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05/13/16
Adam Verner’s Springhouse Partners is the new owner of a mixed-use rental building on Irving Place near Gramercy Park, having paid longtime owners the Rumpel...

05/04/16
Glory Capital filed plans Wednesday for the office conversion of a 29-story residential building in Brooklyn Heights, according to a new permit application. The 45,100-square-foot...

04/01/16
David Berley, chair of real estate firm Walter & Samuels, closed on the purchase of 516 Eighth Avenue in the Garment District for $25 million....

03/09/16
GTJ REIT, a Long Island-based real estate investment trust, is looking to sell a seven-acre East Elmhurst development site just south of LaGuardia airport, according...

03/02/16
Early-aughts flashback: Sean “Diddy” Combs makes aspiring musicians walk from Manhattan to Brooklyn for a cheesecake slice in the reality show “Making the Band.” It has...

02/01/16
In 2014, the owners of co-op units at a Soho apartment building decided to join forces to sell their homes. Now, L3 Capital, a Chicago-based...
Meridian Capital Group, Executive Vice President
1 Battery Park Plaza, New York, NY, (212) 972-3600
Jeff Weinberg is an executive vice president at Meridian Capital Group, a commercial...
Meridian Capital Group, Chairman and Chief Executive Officer
1 Battery Park Plaza, New York, NY, (212) 972-3600
Ralph Herzka is the chairman and chief executive officer of Meridian Capital Group,...
Meridian Capital Group, Executive Vice President
1 Battery Park Plaza, 26th Floor, New York, NY, (212) 972-3600
Aaron Birnbaum is an executive vice president at Meridian Capital Group, a commercial...
Meridian Capital Group, Executive Vice President
1 Battery Park Plaza, New York, NY, (212) 972-3600
Avi Weinstock is an executive vice president at Meridian Capital Group, a commercial...
Meridian Capital Group, Head of Institutional Investment Sales
1 Battery Park Plaza, 26th Floor, New York, NY, (212) 841-7500
Helen Hwang is a South Korea-born real estate broker Helen Hwang at Meridian...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Associate Broker
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Associate Broker
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
Meridian Capital Group, Real Estate Salesperson
1 Battery Park Plaza, New York, NY, (212) 972-3600
...
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  • Event Sales
  • Address 256 Seaman Avenue
  • Neighborhood Inwood
  • Borough Manhattan
  • Square feet 111,500
  • Price $ 39,000,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 ABC Realty
  • Party 1 Brokerage Meridian Capital group
  • Party 1 Broker Adam Sprung, Mark Steinmetz, Michael Feldman, David Schechtman
  • Party 2 Sugar Hill Capital Partners
notes
The three multifamily buildings were sold for $39 million.
  • Event Sales
  • Address 85 East Tenth Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 69,073
  • Price $ 72,200,000
notes
The 7-story multifamily building was sold for $72.2 million.
  • Event Sales
  • Address 125 Greene Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 3,400
  • Price $ 12,600,000
  • Price per foot $ 3,706.00
notes
The retail co-op sold for $12.6 million.
  • Event Sales
  • Address 113-119 East 55th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 60,000
  • Price $ 54,000,000
  • Price per foot $ 900.00
notes
The property sold for $54 million.
  • Event Sales
  • Address 124 West Houston
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 13,350
  • Price $ 15,500,000
  • Price per foot $ 1,161.05
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Estate of Madeline Gins
  • Party 1 Brokerage Eastern Consolidated
  • Party 1 Broker Evan Papanastasiou, David Schechtman
  • Party 2 West Houston Property LLC
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker Jonathan Schwartz
notes
The property sold for $15.5 million.
  • Event Sales
  • Address 649 West 184th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 15,375,000
notes
The property sold for $15.375 million which included 325 Wadsworth Avenue.
  • Event Sales
  • Address 829 Sixth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 8,040
  • Price $ 17,200,000
  • Price per foot $ 2,139.30
notes
The property sold for $17.2 million.
  • Event Sales
  • Address 115,117|119 East 55th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Price $ 54,000,000
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 2 Brokerage Meridian Capital Group
  • Party 2 Broker David Schechtman, Lipa Lieberman, Abie Kassin
notes
The property sold for $54 million.
  • Event Sales
  • Address 72 Willoughby Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Price $ 47,000,000
notes
The property sold for $47 million.
  • Event Sales
  • Address 61-63 Crosby Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 20,600
  • Price $ 42,000,000
  • Price per foot $ 2,038.83
notes
The 4-story building sold for $42 million.
  • Event Sales
  • Address 640 10th Avenue
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 19,000
  • Price $ 21,000,000
  • Price per foot $ 1,105.26
  • Event Sales
  • Address 110-112 Greenwich Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 53,000,000
  • Event Sales
  • Address 76-80 Meserole Street
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Price $ 35,600,000
  • Publication Date 07/01/2014
  • Event Date 05/17/2014
  • Party 1 Broker Lipa Lieberman, David Schechtman, Gabe Saffioti, Nicole Rabinowitsch, Abraham Kassin, Gary Meese
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker Lipa Lieberman, David Schechtman, Gabriel Saffioti, Nicole Rabinowitsch, Abraham Kassin, Gary Meese
  • Event Sales
  • Building Name 161-165 West 17th Street
  • Address 165 West 17th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 35,600,000
  • Publication Date 04/01/2014
  • Event Date 02/20/2014
  • Party 1 Brokerage Eastern Consolidated
  • Party 1 Broker David Schechtman, Abbie Kassin
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker Lipa Lieberman
notes
The property sold for $35.6 million.
  • Event Sales
  • Address 17 East 47th Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Price $ 18,000,000
notes
The property sold for $18 million.
  • Event Sales
  • Address 161-165 West 17th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 35,600,000
  • Publication Date 04/01/2014
  • Event Date 02/15/2014
  • Party 1 Broker David Schechtman, Abraham Kassin
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker Lipa Lieberman
  • Event Sales
  • Building Name 334-336 West 46th Street
  • Address 336 West 46th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 9,500,000
  • Publication Date 03/01/2014
  • Event Date 01/20/2014
  • Party 1 Brokerage Eastern Consolidated
  • Party 1 Broker David Schechtman, Lipa Lieberman
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker David Schechtman, Lipa Lieberman
notes
The properties sold for $9.5 million.
  • Event Sales
  • Address 154 East 23rd Street
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 15,783
  • Price $ 9,000,000
  • Price per foot $ 570.23
notes
The property sold for $9 million, or $562 per square foot.
  • Event Sales
  • Building Name 160 and 178 East 117th Street
  • Address 178 East 117th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 23,200,000
notes
The properties sold for $23.15 million.
  • Event Sales
  • Address 334-336 West 46th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Price $ 9,500,000
  • Publication Date 03/01/2014
  • Event Date 01/15/2014
  • Party 1 Broker David Schechtman, Lipa Lieberman
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker David Schechtman, Lipa Lieberman
  • Event Sales
  • Address 160 and 178 East 117th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 23,200,000
  • Event Sales
  • Address 170-174 West Street
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Price $ 3,700,000
  • Publication Date 02/01/2014
  • Event Date 12/18/2013
  • Party 1 Broker Gabe Saffioti, David Schechtman
  • Party 2 Brokerage Eastern Consolidated
  • Party 2 Broker Gabriel Saffioti, David Schechtman
  • Event Sales
  • Address 145 Greene Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 3,000
  • Price $ 9,750,000
  • Price per foot $ 3,250.00
notes
The property sold for $9.75 million.
  • Event Sales
  • Address 4 East 46th Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 16,000
  • Price $ 16,400,000
  • Price per foot $ 1,025.00
  • Publication Date 11/01/2013
  • Event Date 09/22/2013
  • Party 1 DJM
  • Party 1 Brokerage Eastern Consolidated
  • Party 1 Broker David Schechtman, Steven Zimmerman, Paul Nigido
  • Party 2 UD46 LLC
  • Party 2 Brokerage PD Properties
  • Party 2 Broker Tony Park
notes
The property sold for $16.4 million, or $1,025 per square foot, to a private Korean-American investor. The buyer plans to utilize the property for personal use.
  • Event Sales
  • Building Name 117-119 West 21st Street
  • Address 117 West 21st Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 12,000,000
notes
The property sold for $12 million.
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short-term-sales-feature
01/18/16
From the January issue: Some of the most profitable short- and medium-term commercial property deals that took place in Manhattan in 2015 fetched the sellers a hefty...
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