Con Ed threatens to pull plug on four Dawnay Day buildings
Citing unpaid bills, Con Edison warned it would cut power to at least four rent-stabilized buildings in Emerald Equity’s...
Isaac Kassirer
Isaac Kassirer is the founder of the Emerald Equity Group.
Isaac Kassirer Q&A
What is Isaac Kassirer known for?
Kassirer is known for a large number of acquisitions across New York City through his company, the Emerald Equity Group. Between 2016 and 2019 Kassirer acquired more than 3,500 apartments. The acquisitions were mostly made in Upper Manhattan and the Bronx and include a large proportion of rent-stabilized apartments.
Why is Isaac Kassirer important to the real estate industry?
Kassirer has been the driving force behind his firm's growth since 2012, and Emerald's growth into previously untapped uptown markets has influenced New York's residential real estate. Emerald Equity made large-scale multifamily acquisitions in areas above 96th Street and in the Bronx and Brooklyn, where prices had not yet reached the sky-high downtown levels. Kassirer's group reportedly owns and operates rental units not only in Manhattan, Brooklyn, and the Bronx, but in Atlanta, St. Louis, Columbus, Dallas, and Nashville as well.
Want to know more about Isaac Kassirer?
Check out our Top Stories below for TRD’s most up-to-date coverage of Isaac Kassirer.
Isaac Kassirer Top Stories
January 31, 2019—Another day, another refinancing of a Harlem multifamily portfolio owned by Isaac Kassirer's Emerald Equity Group.
March 7, 2018—Isaac Kassirer closed Tuesday on the $116 million purchase of a four-building multifamily portfolio in the Upper West Side’s Manhattan Valley neighborhood.
January 4, 2018—Isaac Kassirer signed a contract to buy a 12-story rental property at 838 West End Avenue from Joseph Sitt’s Thor Equities and Rockwood Capital for about $65M.
The Latest
Emerald Equity weighing “all options” to save massive portfolio
One of the biggest rent-stabilized portfolios in New York City is facing a financial reckoning. Multiple sources with direct...
Good while it lasted: Tenant paid $1 rent for 5 months
For five months, a tenant in East Harlem paid $1 a month in rent because his landlord, Isaac Kassirer’s...
Kassirer’s refinances another Harlem multifamily portfolio
Another day, another refinancing of a Harlem multifamily portfolio owned by Isaac Kassirer’s Emerald Equity Group. The real estate...
Kassirer flips Upper West Side building to Akelius for $72M
Isaac Kassirer flipped an Upper West Side building he bought from Thor Equities and Rockwood Capital for a quick...
Isaac Kassirer selling four Bronx multifamily buildings for $25M
UPDATED, 4:12 p.m. Aug. 1: A group led by Isaac Kassirer has sold four multifamily buildings in the Bronx, according...
Isaac Kassirer closes on $116M UWS portfolio buy
Isaac Kassirer closed Tuesday on the $116 million purchase of a four-building multifamily portfolio in the Upper West Side’s...
Isaac Kassirer is buying a 21-building multifamily portfolio in Harlem
The uptown fiefdom continues. Isaac Kassirer is in contract to acquire a 21-building portfolio in Harlem from multifamily giant...
Isaac Kassirer and Harbor Group are selling 15 Bronx buildings for $65M
With all that buying comes some selling. Isaac Kassirer, in partnership with Harbor Group International, is in contract to...
King in the north: Isaac Kassirer buying another building above 96th Street
Isaac Kassirer is continuing his uptown acquisition tear. The prolific, young multifamily investor signed a contract to buy a...