Artificial Intelligence
Builders Company
Developers/Clipper Equity
CE
Clipper EquityBrooklyn, United States · founded September 19, 2006 · 1 active markets
PRIVATE

Clipper Equity develops and manages residential condominiums, multifamily rental buildings, and mixed-use urban properties in Brooklyn, Manhattan, and nearby New York markets. Its projects serve condominium buyers, renters, and communities through new construction, adaptive reuse, conversions, and property-management services ongoing.

Years in business
20
founded September 19, 2006
LinkedIn headcount
66
employees, as shown on LinkedIn · size band 51–200
Portfolio value
null 3.3 million SQFT
as the company states it
Total projects
more than 60 properties
across the company’s whole history
Projects last researched October 11, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Clipper Equity LLC1
Headquarters
4611 12th Avenue, Suite 1L1, Brooklyn1, United States
Founded
September 19, 20061
Entity type
PRIVATE1
Business model
offplan for sale1, build to rent1, mixed use1
Markets
1 market listed
What they build
Residential, for rent (5 of 8) · Retail (3 of 8) · Residential, for sale (3 of 8)
Full dossier in About →

Delivery record

5 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+13.5 mo
the middle of 5 scored projects
Average delay
+15.5 mo
the same projects, pulled by the worst
Average time to deliver
2.2 yrs
start to completion, over 3 delivered projects
Worst slip
+31.5 mo
The Boutique at Gramercy Square · +25.0 to +38.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
3
red rows below

Against other developers

5 date-assessed here · 246 developers, 918 date-assessed projects in United States
Median delay
Clipper Equity·246 developers in United States
+13.5 mo vs +4.5 mo
this developer 9.0 mo worse
The typical project on each side.
Average delay
Clipper Equity·246 developers in United States
+15.5 mo vs +7.5 mo
this developer 8.0 mo worse
Both pulled by their worst few.
On time
Clipper Equity·246 developers in United States
20% vs 55%
this developer 35 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Clipper Equity·246 developers in United States
2.2 yrs vs 2.9 yrs
this developer 0.7 yrs faster
Start to completion, over 3 delivered here and 759 in the market.
Projects and timelines in Track Record →

Resident experience

6 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.5/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Structure & systems
4.8/ 10
Fabric, services, waterproofing, envelope · from 4 of 6 rated buildings
Management & living
5.3/ 10
Upkeep, response times, amenities, community · from 5 of 6 rated buildings

Against other developers

6 rated here · 266 developers, 1365 rated buildings in United States
Overall rating
Clipper Equity · 266 other developers in United States
5.5 vs 7.8
this developer 2.3 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1365 in the market.
Structure & systems
Clipper Equity · 266 other developers in United States
4.8 vs 7.0
this developer 2.2 worse
Fabric and engineering only — fixed at handover. From 4 of 6 rated buildings here and 574 in the market.
Management & living
Clipper Equity · 266 other developers in United States
5.3 vs 7.4
this developer 2.1 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 6 rated buildings here and 1312 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Event: March 25, 2026; reported in the Form 8-K dated March 31, 2026 On March 25, 2026, the lender filed a foreclosure complaint against 250 Livingston Owner LLC, Clipper Realty Inc. and Clipper Realty L.P. over defaults on the $125 million 250 Livingston Street loan, seeking appointment of a receiver and sale of the property; the company said it was negotiating a loan-sale agreement and that completion was uncertain.
  • REGULATORY August 17, 2022 On August 17, 2022, the New York Attorney General announced a settlement with Clipper Equity after determining that it improperly obtained housing-court records for 25 prospective tenants, denied housing to seven of them, and required applicants to disclose marital status; the company agreed to compliance measures and to end the screening policies.
  • RISK October 14, 2022 A report published October 14, 2022 documented more than 4,000 open housing-code violations at Clipper Equity’s Flatbush Gardens complex, including more than 1,200 classified as immediately hazardous, while tenants reported rodents, unsafe doors, leaks and unrepaired damage; the report also noted that management had become more responsive after tenant protests.
  • 5 more in Risk & Sources
Record status
active
Company sources
106 source entries across 106 fields
Projects tracked
8 · 8 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+13.5 mo
the middle of 5 scored projects
Average delay
+15.5 mo
the same projects, pulled by the worst
Average time to deliver
2.2 yrs
start to completion, over 3 delivered projects
Worst slip
+31.5 mo
The Boutique at Gramercy Square · +25.0 to +38.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
3
red rows below

Against other developers

5 date-assessed here · 246 developers, 918 date-assessed projects in United States
Median delay
Clipper Equity·246 developers in United States
+13.5 mo vs +4.5 mo
this developer 9.0 mo worse
The typical project on each side.
Average delay
Clipper Equity·246 developers in United States
+15.5 mo vs +7.5 mo
this developer 8.0 mo worse
Both pulled by their worst few.
On time
Clipper Equity·246 developers in United States
20% vs 55%
this developer 35 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Clipper Equity·246 developers in United States
2.2 yrs vs 2.9 yrs
this developer 0.7 yrs faster
Start to completion, over 3 delivered here and 759 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

8 of 8 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
2015201620172018201920202021202220232024202520262027todayNEW YORK, UNITED STATES−2 moestimatedcompleted, no target publishedon timeverified+13.5 moverified+31.5 moverifiedcompleted, no target published+24 moverified+8.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 2 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

6 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.5/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Structure & systems
4.8/ 10
Fabric, services, waterproofing, envelope · from 4 of 6 rated buildings
Management & living
5.3/ 10
Upkeep, response times, amenities, community · from 5 of 6 rated buildings

Against other developers

6 rated here · 266 developers, 1365 rated buildings in United States
Overall rating
Clipper Equity · 266 other developers in United States
5.5 vs 7.8
this developer 2.3 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1365 in the market.
Structure & systems
Clipper Equity · 266 other developers in United States
4.8 vs 7.0
this developer 2.2 worse
Fabric and engineering only — fixed at handover. From 4 of 6 rated buildings here and 574 in the market.
Management & living
Clipper Equity · 266 other developers in United States
5.3 vs 7.4
this developer 2.1 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 6 rated buildings here and 1312 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

6 rated · 2 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Pacific HouseBrooklyn, New York
6.4/ 10
—/ 10
6.4/ 10

Openigloo’s 3.8/5 aggregate from seven resident reviews is the only published review-based rating located, and its review base is below ten, so the converted anchor is kept within one point of 6.5 at 6.4. The written commentary is mixed rather than a repeated theme, so no additional adjustment is applied; structural records are reported but no separate structure rating was published.

+ No bedbug history+ Rodent inspections passed+ Sprinkler/standpipe signed off+ Water pressure praised+ Heating praised
− Mold condition reported− Slow water leak reported− Heat complaint reported− Power outage reported− Elevator door-lock violation
+ Amazing super and staff+ Strong gym+ Incredible roof deck+ Clean building+ Nearby attractions
− Slow leasing responses− Disorganized leasing team− Perceived rent extraction− Amenity-use conflict− Subway distance concern

The resident evidence is mixed: one reviewer praised the building as clean and said water pressure and heating were strong, while another described it as “rickety” with “shoddy quality” and “corners cut everywhere.” Public building records also document a mold condition, a slow leak, heat and power-outage complaints, and an active elevator door-lock monitoring violation; these are records and complaints, not forecasts of future completion.

Day-to-day impressions are polarized. One former tenant wrote that the “building super and staff are amazing,” with an “incredible” roof deck, good gym and clean building; another said the leasing team was “often slow to respond and disorganized,” while a separate review alleged caretakers disliked amenity use and that residents were watched on security cameras “non stop.”

Parkside BK (Phase II)Prospect-Lefferts Gardens, Brooklyn, New York
6.0/ 10
5.0/ 10
5.0/ 10

LocalityBiz’s 3.6/5 aggregate from 29 resident reviews sets the level and converts to 5.8/10 under the specified curve. Repeated complaints about unresponsive management, delayed maintenance and weak amenity upkeep pull the score down, while repeated praise for concierge and maintenance staff prevents a lower result; the evidence is review-based and not a current engineering inspection.

+ Spacious units+ In-unit washers/dryers+ Good closet space+ Quick handyman response
− Reported sewage flooding− Water-damage remediation delay− Thin walls− Old gym− One open hazardous violation
Not found in sources: No recurring structural failure established
+ Helpful concierge+ Responsive handyman+ Family-friendly atmosphere+ Quiet environment+ Prospect Park access
− Unresponsive management− Unstaffed concierge reported− Delayed amenity delivery− Tired common areas− Poorly maintained gym/roof amenities

Published resident feedback includes a serious but single reported incident: “Our apartment was filled with raw sewage,” followed by a claim that water damage took four months to address. Other reviews mention thin walls and occasional maintenance shortcomings; Openigloo also reports one open Class B violation, but no published review-based structural sub-score was found, so structure is scored cautiously rather than from an engineering assessment.

Daily-life feedback is split: residents repeatedly praise the concierge and maintenance staff—“they are absolutely incredible”—and value the quiet, family-friendly setting and Prospect Park location. Management and amenity delivery are the dominant complaints, including “management not helpful/responsive to tenant needs,” delayed promised facilities, and a report that overnight concierge coverage was removed.

Casa HopeWilliamsburg, Brooklyn, New York143 units
5.4/ 10
5.9/ 10
RentCafe 3.5/5 · 11 reviews · rentcafe.com
RentCafe publishes 3.5/5 from 11 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 5.9.
4.9/ 10
RentCafe 3/5, 2.5/5, 3/5, 2.5/5, 2.5/5 · 11 reviews · rentcafe.com
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 4.9.

RentCafe’s building-specific resident aggregate is the only qualifying anchor with at least 10 reviews: 3.0/5 from 11 reviews, which converts to 4.0/10 under the supplied curve. Apartments.com shows 4.0/5 but explicitly reports 0 reviews and is therefore not a review-backed anchor; the dated forum account adds uncertainty about early operations but does not justify a further current adjustment.

+ Maintenance rated 3.5/5+ New 2022–2023 construction+ HVAC permit sign-offs+ Plumbing permit sign-offs+ Sprinkler and standpipe certifications
− Unfinished bike room at move-in− Active construction reported in 2023− Awkward/slanted layouts reported− 20 violations listed in public records− Current engineering condition not independently reviewed
+ Maintenance 3.5/5+ Staff 3.0/5+ Fitness center+ Rooftop deck+ Business and recreation spaces
− Noise 2.5/5− Value 2.5/5− Parking 2.5/5− Amenities fee reported at $1,500/year− No current resident prose located

The only direct physical-condition review read, published June 28, 2023, said the building was “beautiful” and the units “nice,” but also reported that “a lot of units [were] under construction” and the bike room was unfinished; this is historical move-in evidence, not a current 2026 condition report. RentCafe publishes a 3.5/5 maintenance sub-score from 11 reviews, while public building records show signed-off structural, plumbing, mechanical/HVAC and sprinkler work and later listed HPD violations, so the present condition remains somewhat uncertain.

RentCafe’s 11-review aggregate is middling: overall 3.0/5, with amenities 3.0, noise 2.5, staff 3.0, maintenance 3.5, value 2.5 and parking 2.5. The only individual resident-style account read praised the building as “beautiful” and units as “nice,” but described unfinished common areas during the June 2023 move-in period and reported a $1,500 annual amenities charge; because that account is old relative to October 11, 2026, it does not establish that the issue remains current.

The Prewar at Gramercy SquareGramercy, Manhattan, New York
5.4/ 10
4.0/ 10
6.0/ 10

The largest published review base located is the cluster-level 3/5 from two reviews, which converts to 6.5 under the supplied curve, but it is a weak anchor because it is not specific to 225 East 19th Street and has fewer than 10 reviews. The score is pulled down by the 2025 condo-board allegations of recurring leaks, flood damage, boiler and fire-stopping defects, plus the limited and mixed day-to-day review evidence; the allegations remain contested and are not treated as adjudicated facts.

+ Historic façade+ Modernized condominium conversion+ Pool and health-club infrastructure published+ Full-time doorman service published+ Landscaped grounds published
− Alleged recurring leaks− Alleged flood damage− Alleged boiler defects− Alleged inadequate fire stopping− Alleged defective wood floors and cracked windows
+ 75-foot pool+ 18,000-square-foot amenity club+ Full-time doorman+ Fitness center+ Landscaped gardens
− One complaint about building culture− No concierge− Amenity-hours criticism in one resident review− Cluster rating below neutral
Not found in sources: Sparse direct resident-review evidence

The Prewar is described in property coverage as a converted historic building with a landscaped complex, pool, health club and full-time doorman, but those are amenity/property descriptions rather than engineering findings. More recent reporting on the Gramercy Square cluster says the condo board alleged “widespread and recurring leaks,” improperly installed boilers, inadequate fire stopping, cracked window panes and defective wood floors; an inspection commissioned by the board allegedly found deviations posing “life safety issues.” These allegations were disputed: Clipper Equity’s David Bistricer said the sponsor team was working with the condominium to understand and remediate issues.

Published property material highlights an 18,000-square-foot Gramercy Club, a 75-foot pool, fitness facilities, gardens and a full-time doorman. The resident-oriented Openigloo extract describes the building as “well-reviewed and well-maintained” and quotes a tenant praising “great doormen,” cleanliness and responsiveness, while criticizing sauna and pool hours; separately, the cluster listing records 3/5 from two reviews, including “Most entitled building I have been to.” Direct day-to-day evidence is therefore thin and partly cluster-level rather than specific to The Prewar.

Prospect HouseCrown Heights, Brooklyn, New York240 units
5.0/ 10
—/ 10
—/ 10

No applicable platform aggregate rating was located, so the score rests only on four forum posts read as written review evidence. One was positive, two negative, and one mixed; because this is a small, early lease-up sample rather than an established resident-rating record, the result is held near the middle and should be treated as low confidence.

No published engineering, systems, or resident maintenance rating was found. The only physical-condition observation in the reviewed forum material was a September 2025 tour report that “part of the building is unfinished” and that the elevators still had move-in lining; this was early move-in evidence, not a current completion finding as of October 11, 2026.

The available forum feedback describes an attractive new building and a gym that some considered impressive, although one group called the gym “tight.” Other comments criticized small bedrooms or an awkward studio layout, and multiple applicants described delayed responses, including “a lot of weeks of silence”; these are early lease-up observations rather than a mature resident-review record.

Tower 77Greenpoint, Brooklyn, New York766 units
4.7/ 10
4.1/ 10
4.1/ 10

The 3.2/5 Google aggregate from 48 reviews is the largest published review base and converts to approximately 4.6/10 on the specified curve. Repeated reports of flooding, leaks, unfinished facilities and management problems materially reduce that level, although multiple reviews praise staff, cleanliness and maintenance responsiveness; the evidence is therefore strongly mixed and the resulting resident score is 4.1/10.

+ Modern apartments+ Well-maintained common areas+ Clean interiors+ Building visually appealing+ Small repairs handled quickly
− Flood damage− Plumbing leaks− Possible mold after flooding− Poorly installed bathtub− Ongoing construction noise
+ Helpful front desk+ Friendly staff+ Responsive resident team+ Clean common areas+ Strong amenity offering
− Opaque management− Deposit dispute− Unfinished amenities− Nonfunctional parking garage− Mail-delivery problems

Published resident feedback includes serious water-related reports: one reviewer said a pipe burst and “the whole building was flooded,” with water entering walls, carpet and flooring and signs of mold. Another reported a week-long toilet leak requiring hotel stays, while a separate account described a poorly installed bathtub where water pools; countervailing reviews call the apartments modern and well put together and say small maintenance requests were handled quickly.

Day-to-day reviews praise staff as “wonderful,” “professional, friendly, approachable,” and say the gym and common areas were clean; another resident described management as helpful and quick to respond. The negative accounts are substantial, including a reported unresolved $6,500 deposit, repeated postponement of amenities, no functioning garage, and a resident saying management was “gaslighting” them during a leak.

Only buildings that have reached handover are rated. 2 of 8 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Clipper Equity LLC
Headquarters
4611 12th Avenue, Suite 1L, Brooklyn, United States
11219
Founded
September 19, 2006
Brooklyn, United States
Entity type
PRIVATE
Revenue
USD 8 million annual
Business model
offplan for sale, build to rent, mixed use

Partners

4 partners
The Chetrit Group
joint venture

Chetrit Group and Clipper Equity jointly created the Gramercy Square condo village on the former Cabrini Medical Center site with Read Property Group.

Bank Hapoalim
funder

Bank Hapoalim provided $120 million for Bedford Square.

Manhattan Management Realty
contractor

Manhattan Management Realty was named general contractor for Clipper Equity’s 354-unit Flatbush project.

SCALE Lending
funder

SCALE Lending issued a $140 million construction loan for the 354-unit Flatbush multifamily project.

Sources: name

PRESS2016-01-22

From Hospital to Condo

The New York Times
The team of the Chetrit Group, Clipper Equity and the Read Property Group are creating a sort of condo village
value seen: The Chetrit Group
https://www.nytimes.com/2016/01/24/realestate/from-hospital-to-condo.html

Sources: partner type

PRESS2016-01-22

From Hospital to Condo

The New York Times
The team of the Chetrit Group, Clipper Equity and the Read Property Group are creating a sort of condo village
value seen: JV_PARTNER
value paraphrased from this source
https://www.nytimes.com/2016/01/24/realestate/from-hospital-to-condo.html

Sources: summary

PRESS2016-01-22

From Hospital to Condo

The New York Times
The team of the Chetrit Group, Clipper Equity and the Read Property Group are creating a sort of condo village on the site of the Cabrini Medical Center
value seen: Chetrit Group and Clipper Equity jointly created the Gramercy Square condo village on the former Cabrini Medical Center site with Read Property Group.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.nytimes.com/2016/01/24/realestate/from-hospital-to-condo.html

Sources: name

PRESSdate not shown in source

Clipper to Secure $450M for Brooklyn Towers

Multi-Housing News
the 877-unit Bedford Square for which it received $120 million from Bank Hapoalim
value seen: Bank Hapoalim
https://www.multihousingnews.com/clipper-to-secure-450m-for-brooklyn-towers/

Sources: partner type

PRESSdate not shown in source

Clipper to Secure $450M for Brooklyn Towers

Multi-Housing News
received $120 million from Bank Hapoalim
value seen: FUNDER
value paraphrased from this source
https://www.multihousingnews.com/clipper-to-secure-450m-for-brooklyn-towers/

Sources: summary

PRESSdate not shown in source

Clipper to Secure $450M for Brooklyn Towers

Multi-Housing News
the 877-unit Bedford Square for which it received $120 million from Bank Hapoalim
value seen: Bank Hapoalim provided $120 million for Bedford Square.
value paraphrased from this source
https://www.multihousingnews.com/clipper-to-secure-450m-for-brooklyn-towers/

Sources: name

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
Manhattan Management Realty will serve as the general contractor for the project
value seen: Manhattan Management Realty
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Sources: partner type

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
Manhattan Management Realty will serve as the general contractor for the project
value seen: CONTRACTOR
value paraphrased from this source
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Sources: summary

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
Manhattan Management Realty will serve as the general contractor for the project
value seen: Manhattan Management Realty was named general contractor for Clipper Equity’s 354-unit Flatbush project.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Sources: name

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
SCALE Lending has issued a $140 million construction loan for Clipper Equity’s ... 354-unit multifamily project
value seen: SCALE Lending
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Sources: partner type

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
SCALE Lending has issued a $140 million construction loan for Clipper Equity’s ... project
value seen: FUNDER
value paraphrased from this source
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Sources: summary

PRESS2024-04-16

SCALE Lending issues $140 million construction loan to Clipper Equity

NYREJ
SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project
value seen: SCALE Lending issued a $140 million construction loan for the 354-unit Flatbush multifamily project.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nyrej.com/scale-lending-issues-140-million-construction-loan-to-clipper-equity

Registrations & licences

COMPANY NUMBER3414178
New York Department of State · US · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 8 projects tracked

What they build

3 types
Residential, for rent5 of 8
Retail3 of 8
Residential, for sale3 of 8
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
DB
David Bistricer
David Bistricer is the senior operating principal of Clipper Equity and serves as CEO and co-chairman. The current public-company proxy identifies him as Clipper Equity’s managing member and describes a long New York real-estate career, including leadership at Coleman Cable and Riblet Products.
Current title
Co-Chairman of the Board, Chief Executive Officer
Experience
no career length stated
Companies before
Coleman Cable Inc.Riblet Products CorporationBerkshire Capital LLCMorgan Capital
Education
not published
Other boards
none sourced
Known for
CEOManaging memberNew York real estateColeman Cable board
since Chief Executive Officer since August 2015
The best pieces of advice he ever gave me were to never make the same mistake twice and to be an expert about the market you invest in. Livabl https://www.livabl.com/articles/archives/buzz-talk-david-bistricer-clipper-equity
There are more projects to come, and we look forward to sharing in real time. Livabl https://www.livabl.com/articles/archives/buzz-talk-david-bistricer-clipper-equity

Sources: full name

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
David Bistricer | 76 | Co-Chairman of the Board, Chief Executive Officer
value seen: David Bistricer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: previous companies

COMPANYdate not shown in source

Investors — Clipper Realty

Clipper Realty Inc.
He served as Co-Chairman of the board of directors of Coleman Cable Inc. from January 1999 through February 2011. He was previously Co-Chairman of Riblet Products Corporation from January 1987 until its merger with the Coleman Cable Inc. in 2000. Mr. Bistricer has also been the managing member of Berkshire Capital LLC and Morgan Capital
value seen: Coleman Cable, Inc.; Riblet Products Corporation; Berkshire Capital LLC; Morgan Capital
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://clipperrealty.com/investors/

Sources: quote

PRESS2017-07-13

Buzz Talk with David Bistricer, CEO of Clipper Equity

Livabl
The best pieces of advice he ever gave me were to never make the same mistake twice and to be an expert about the market you invest in.
value seen: The best pieces of advice he ever gave me were to never make the same mistake twice and to be an expert about the market you invest in.
https://www.livabl.com/articles/archives/buzz-talk-david-bistricer-clipper-equity

Sources: quote

PRESS2017-07-13

Buzz Talk with David Bistricer, CEO of Clipper Equity

Livabl
There are more projects to come, and we look forward to sharing in real time.
value seen: There are more projects to come, and we look forward to sharing in real time.
https://www.livabl.com/articles/archives/buzz-talk-david-bistricer-clipper-equity

Sources: since

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
David Bistricer has served as the Chief Executive Officer of the Company since August 2015
value seen: since August 2015
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: summary

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
has been the managing member of Clipper Equity LLC (“Clipper Equity”) for more than 10 years. From January 1999 through February 2011, he served as Co-Chairman of the Board of Directors of Coleman Cable, Inc. ... He was previously Co-Chairman of the Board of Directors of Riblet Products Corporation
value seen: managing member of Clipper Equity; CEO and co-chairman; leadership at Coleman Cable and Riblet Products
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
David Bistricer | 76 | Co-Chairman of the Board, Chief Executive Officer
value seen: Chief Executive Officer
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
has been the managing member of Clipper Equity LLC (“Clipper Equity”) for more than 10 years.
value seen: managing member of Clipper Equity
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: title

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
David Bistricer | 76 | Co-Chairman of the Board, Chief Executive Officer
value seen: Co-Chairman of the Board, Chief Executive Officer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm
SL
Sam Levinson
Sam Levinson is Clipper Equity’s co-chairman and investment-committee leader, and is identified in the current proxy as an owner with a senior investment role at Glick Family Investments. His documented outside track record includes senior investment work and board service across real-estate, financial-services and insurance businesses.
Current title
Co-Chairman of the Board, Chairman of the Investment Committee
Experience
no career length stated
Companies before
Glick Family Investments
Education
not published
Other boards
American European Group Insurance CompanyDynasty Financial Partners, LLC
Known for
Co-ChairmanInvestment CommitteeGlick Family InvestmentsReal-estate investor
since Director since 2015

Sources: full name

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson | 52 | Co-Chairman of the Board, Chairman of the Investment Committee
value seen: Sam Levinson
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: other boards

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Mr. Levinson also served as a non-executive director of: Songbird Estates, Canary Wharf Group’s holding company, from 2004 to 2015; American European Group Insurance Company since 2006; and Dynasty Financial Partners, LLC ... since 2011.
value seen: American European Group Insurance Company
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: other boards

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Mr. Levinson also served as a non-executive director of: Songbird Estates, Canary Wharf Group’s holding company, from 2004 to 2015; American European Group Insurance Company since 2006; and Dynasty Financial Partners, LLC ... since 2011.
value seen: Dynasty Financial Partners, LLC
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: previous companies

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson is the Chief Investment Officer at Glick Family Investments
value seen: Glick Family Investments
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: since

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson | 52 | Co-Chairman of the Board, Chairman of the Investment Committee | 2015
value seen: Director since 2015
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: summary

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson is the Chief Investment Officer at Glick Family Investments ... He was a member of the Board of Directors of Stonegate Mortgage Corporation ... Mr. Levinson served as a director of Canary Wharf Group
value seen: co-chairman and investment-committee leader; CIO at Glick Family Investments; broad finance and real-estate board experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson | 52 | Co-Chairman of the Board, Chairman of the Investment Committee
value seen: Co-Chairman of the Board
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson | 52 | Co-Chairman of the Board, Chairman of the Investment Committee
value seen: Chairman of the Investment Committee
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: title

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Sam Levinson | 52 | Co-Chairman of the Board, Chairman of the Investment Committee
value seen: Co-Chairman of the Board, Chairman of the Investment Committee
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm
JB
J.J. Bistricer
J.J. Bistricer is the operating executive responsible for acquisitions, dispositions, leasing, development and property operations across the platform. The current proxy says he operates approximately 7,000 residential units across multiple companies and has led major renovation, repositioning and conversion programs.
Current title
Chief Operating Officer
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
COOProperty operationsAcquisitions and dispositionsDevelopment
since Officer of Clipper Equity since 2006

Sources: full name

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
J.J. Bistricer | 45 | Chief Operating Officer
value seen: J.J. Bistricer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: since

COMPANYdate not shown in source

Investors — Clipper Realty

Clipper Realty Inc.
Mr. Bistricer has been an officer of Clipper Equity since 2006.
value seen: since 2006
https://clipperrealty.com/investors/

Sources: summary

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
with direct responsibility for acquisitions, dispositions, leasing, property development and property operations ... Mr. Bistricer currently operates approximately 7,000 residential units across multiple companies.
value seen: responsible for acquisitions, dispositions, leasing, development and property operations; operates approximately 7,000 residential units
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
J.J. Bistricer | 45 | Chief Operating Officer
value seen: Chief Operating Officer
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: title

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
J.J. Bistricer | 45 | Chief Operating Officer
value seen: Chief Operating Officer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm
JS
Jacob Schwimmer
Jacob Schwimmer is the senior property-management executive associated with Clipper Equity’s New York portfolio and is also identified as an owner of Clipper Equity. The proxy describes his involvement in managing, developing and investing in New York residential and commercial property since 1992, including the 141 and 250 Livingston Street and Flatbush Gardens acquisitions.
Current title
Chief Property Management Officer
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Property managementOwnerNew York real estate
since Chief Property Management Officer since August 2015

Sources: full name

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Jacob Schwimmer | 55 | Chief Property Management Officer
value seen: Jacob Schwimmer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: since

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Jacob Schwimmer has, since August 2015, served as Chief Property Management Officer of the Company
value seen: since August 2015
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: summary

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Each of Sam Levinson, our Co-Chairman and the Head of our Investment Committee, and Jacob Schwimmer, our Chief Property Management Officer, have ownership interests in Clipper Equity. ... since 1992, been actively involved in managing, developing and investing in residential and commercial real estate properties
value seen: owner and senior property-management executive; involved in New York real estate since 1992
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: tags

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Jacob Schwimmer | 55 | Chief Property Management Officer
value seen: Chief Property Management Officer
value paraphrased from this source
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm

Sources: title

REGULATOR2026-04-30

Clipper Realty Inc. Form DEF 14A filed April 30, 2026

U.S. Securities and Exchange Commission · carried by sec.gov
Jacob Schwimmer | 55 | Chief Property Management Officer
value seen: Chief Property Management Officer
https://www.sec.gov/Archives/edgar/data/1649096/000143774926014021/clpr20260423_def14a.htm
DO
David Occhipinti
David Occhipinti is a current Director of Development at Clipper Equity, with an earlier Senior Associate role at the firm. His documented prior experience includes Hanover Street Capital and Lee & Associates Commercial Real Estate Services.
Current title
Director of Development
since January 2024
Experience
no career length stated
Companies before
Hanover Street CapitalLee & Associates Commercial Real Estate Services
Education
University of VermontBusiness Administration, Finance
Other boards
none sourced
Known for
Director of DevelopmentSenior Associate
https://linkedin.com/in/david-occhipinti-4b698537

Sources: degree

SOCIALdate not shown in source

David Occhipinti

LinkedIn
### Business Administration, Finance at [University of Vermont]
value seen: Business Administration, Finance
https://linkedin.com/in/david-occhipinti-4b698537

Sources: institution

SOCIALdate not shown in source

David Occhipinti

LinkedIn
### Business Administration, Finance at [University of Vermont]
value seen: University of Vermont
https://linkedin.com/in/david-occhipinti-4b698537

Sources: full name

SOCIALdate not shown in source

David Occhipinti

LinkedIn
# David Occhipinti
value seen: David Occhipinti
https://linkedin.com/in/david-occhipinti-4b698537

Sources: linkedin page

SOCIALdate not shown in source

David Occhipinti

LinkedIn
# David Occhipinti
value seen: https://linkedin.com/in/david-occhipinti-4b698537
value paraphrased from this source
https://linkedin.com/in/david-occhipinti-4b698537

Sources: previous companies

SOCIALdate not shown in source

David Occhipinti

LinkedIn
### Associate - [Hanover Street Capital] ... ### Analyst - [Lee & Associates Commercial Real Estate Services]
value seen: Hanover Street Capital; Lee & Associates Commercial Real Estate Services
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/david-occhipinti-4b698537

Sources: since

SOCIALdate not shown in source

David Occhipinti

LinkedIn
Director of Development (Current) Jan 2024 - Present
value seen: Jan 2024
https://linkedin.com/in/david-occhipinti-4b698537

Sources: summary

SOCIALdate not shown in source

David Occhipinti

LinkedIn
#### Senior Associate (Current) ... ### Associate - [Hanover Street Capital] ... ### Analyst - [Lee & Associates Commercial Real Estate Services]
value seen: current Director of Development; earlier Senior Associate; prior experience at Hanover Street Capital and Lee & Associates
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/david-occhipinti-4b698537

Sources: tags

SOCIALdate not shown in source

David Occhipinti

LinkedIn
#### Director of Development (Current)
value seen: Director of Development
value paraphrased from this source
https://linkedin.com/in/david-occhipinti-4b698537

Sources: title

SOCIALdate not shown in source

David Occhipinti

LinkedIn
#### Director of Development (Current)
value seen: Director of Development
https://linkedin.com/in/david-occhipinti-4b698537
JS
Jay Schieber
Jay Schieber is Clipper Equity’s current Director of Finance. His profile records prior finance leadership as Chief Financial Officer of CAIOLA Real Estate Group and earlier accounting-management work at MORDFIN GROUP.
Current title
Director of Finance
since September 2023
Experience
no career length stated
Companies before
CAIOLA Real Estate GroupMORDFIN GROUP
Education
Long Island UniversityBachelors of Science, Accounting
Other boards
none sourced
Known for
Director of FinanceReal-estate financeAccounting
https://linkedin.com/in/jay-schieber-15797b74

Sources: degree

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Bachelors of Science, Accounting at [Long Island University]
value seen: Bachelors of Science, Accounting
https://linkedin.com/in/jay-schieber-15797b74

Sources: institution

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Bachelors of Science, Accounting at [Long Island University]
value seen: Long Island University
https://linkedin.com/in/jay-schieber-15797b74

Sources: full name

SOCIALdate not shown in source

Jay Schieber

LinkedIn
# Jay Schieber
value seen: Jay Schieber
https://linkedin.com/in/jay-schieber-15797b74

Sources: linkedin page

SOCIALdate not shown in source

Jay Schieber

LinkedIn
# Jay Schieber
value seen: https://linkedin.com/in/jay-schieber-15797b74
value paraphrased from this source
https://linkedin.com/in/jay-schieber-15797b74

Sources: previous companies

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Chief Financial Officer - [CAIOLA Real Estate Group] ... ### Accounting Manager - [MORDFIN GROUP]
value seen: CAIOLA Real Estate Group; MORDFIN GROUP
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/jay-schieber-15797b74

Sources: since

SOCIALdate not shown in source

Jay Schieber

LinkedIn
Director of Finance - [Clipper Equity] (Current) Sep 2023 - Present
value seen: Sep 2023
https://linkedin.com/in/jay-schieber-15797b74

Sources: summary

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Chief Financial Officer - [CAIOLA Real Estate Group] ... ### Accounting Manager - [MORDFIN GROUP]
value seen: current Director of Finance; prior CFO at CAIOLA Real Estate Group and accounting manager at MORDFIN GROUP
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/jay-schieber-15797b74

Sources: tags

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Director of Finance - [Clipper Equity] (Current)
value seen: Director of Finance
value paraphrased from this source
https://linkedin.com/in/jay-schieber-15797b74

Sources: title

SOCIALdate not shown in source

Jay Schieber

LinkedIn
### Director of Finance - [Clipper Equity] (Current)
value seen: Director of Finance
https://linkedin.com/in/jay-schieber-15797b74

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

8 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Prospect HouseNew York, United States
Crown Heights, Brooklyn
residential for rent, retail24019164,763 sq ft————Jun 2025 – Aug 2025May 2025−2.0 mo
(−3.0 to −1.0)
estimatedcompleted
Casa HopeNew York, United States
Williamsburg, Brooklyn
residential for rent, retail14317——————Jan 2023 – Dec 2023—not scorablecompleted
Pacific HouseNew York, United States
Brooklyn
residential for rent———————Jan 2023 – Dec 2023Jan 2023 – Dec 20230.0 mo
(−11.0 to +11.0)
sourcedcompleted
Tower 77New York, United States
Greenpoint, Brooklyn
residential for rent, retail7661—799,000 sq ft————May 2022Jan 2023 – Dec 2023+13.5 mo
(+8.0 to +19.0)
sourcedcompleted
The Boutique at Gramercy SquareNew York, United States
Gramercy, Manhattan
residential for sale————10% / 10% / 80%12015this monthOct 2015 – Dec 2015Jan 2018 – Dec 2018+31.5 mo
(+25.0 to +38.0)
sourcedcompleted
The Modern at Gramercy SquareNew York, United States
Gramercy, Manhattan
residential for sale————10%/10%/80%1———Jan 2018 – Dec 2018—not scorablecompleted
The Prewar at Gramercy SquareNew York, United States
Gramercy, Manhattan
residential for sale————10% / 10% / 80%12016Sep 20, 2016Jan 2016 – Dec 2016Jan 2018 – Dec 2018+24.0 mo
(+13.0 to +35.0)
sourcedcompleted
Parkside BK (Phase II)New York, United States
Prospect-Lefferts Gardens, Brooklyn
residential for rent—8———2016September 2016Oct 2016Jan 2017 – Dec 2017+8.5 mo
(+3.0 to +14.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

2 found
RANKING Ranked May 1, 2025
The Real Deal’s Top Developers 2025
Clipper Equity was ranked fourth among New York City’s top developers in The Real Deal’s ranking of active new-building developers.
GOVERNMENT RECOGNITION June 2023
40-year Article XI regulatory agreement for Flatbush Gardens · Flatbush Gardens
Clipper Realty, identified with Clipper Equity in the associated housing-partnership report, reached a 40-year agreement with New York City to invest in capital improvements, preserve rent-stabilized affordability, and set aside 250 units for formerly homeless households.
New York City Department of Housing Preservation and Development · https://www.housingpartnership.com/pdfs/Housing-Partnership-Annual-Report-2023.pdf

Risks

Risk flags

8 found
FINANCIAL DISTRESS Event: March 25, 2026; reported in the Form 8-K dated March 31, 2026
On March 25, 2026, the lender filed a foreclosure complaint against 250 Livingston Owner LLC, Clipper Realty Inc. and Clipper Realty L.P. over defaults on the $125 million 250 Livingston Street loan, seeking appointment of a receiver and sale of the property; the company said it was negotiating a loan-sale agreement and that completion was uncertain.
REGULATORY August 17, 2022
On August 17, 2022, the New York Attorney General announced a settlement with Clipper Equity after determining that it improperly obtained housing-court records for 25 prospective tenants, denied housing to seven of them, and required applicants to disclose marital status; the company agreed to compliance measures and to end the screening policies.
RISK October 14, 2022
A report published October 14, 2022 documented more than 4,000 open housing-code violations at Clipper Equity’s Flatbush Gardens complex, including more than 1,200 classified as immediately hazardous, while tenants reported rodents, unsafe doors, leaks and unrepaired damage; the report also noted that management had become more responsive after tenant protests.
FINANCIAL DISTRESS Delinquency: September 2024; foreclosure: March 2025; resolution reported January 2, 2026
Clipper Equity’s 141 Livingston Street loan became 30 days delinquent in September 2024 and entered foreclosure proceedings in March 2025; the matter was later resolved through a modification and settlement, with the loan reinstated, default claims dropped and a new five-year tenant lease reported in January 2026.
LICENCE PROBLEM Underlying order: 1998; reported February 17, 2007
A 2007 report stated that a 1998 court order obtained by the New York Attorney General barred David Bistricer for life from converting New York rental buildings to condominiums or cooperatives because of financial improprieties and required restitution to tenants and payment to the Attorney General; Clipper’s lawyers said the order had later been modified, so the current scope is uncertain from this older source.
DELIVERY DELAY Original opening commitment: 2013; further promised opening: September 2019; foreclosure proceedings reported 2022; foreclosure acquisition in 2024 and resale in 2025; status reported September 16, 2026
Hotel Bossert (98 Montague Street, Brooklyn Heights): Clipper Equity and Chetrit Group originally planned a 2013 reopening, but repeated promised openings—including September 2019—did not occur; the property later went through foreclosure and was sold to SomeraRoad, so this is unresolved historical delivery failure involving the former JV rather than an active Clipper project.
DELIVERY DELAY Original completion commitment: Q3 2025; revised expectation: 2026; reported April 7, 2026
2366 Bedford Avenue, Flatbush: Clipper Equity’s 354-unit building was originally slated for completion in the third quarter of 2025, but April 2026 reporting said construction financing would support completion and that opening was still expected later in 2026; the source does not document completion by the research date.
DELIVERY DELAY Plans stalled after 421a expired in 2022; Clipper filings reported March 6, 2026; completion date not documented
1800 Park Avenue, East Harlem: the large vacant development site had a long-stalled redevelopment history after earlier owners’ plans were frozen when the 421a tax abatement expired in 2022; after Clipper Equity acquired the site, it filed new seven-building plans in 2026, but the reporting establishes plans—not construction or completion—and attributes the earlier delay to predecessor plans rather than proving Clipper caused it.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 11, 2026 this month
Profile last researchedOctober 11, 2026
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