Spruce Capital

We Develop

Spruce has consistently capitalized on unique opportunities ranging from land assemblage to ground-up construction, with execution spanning across different asset types and capital structures.

Investment Approach

Identify

attractive deal

with minimal downside risk and clear

upside potential

protecting

and preserving

invested capital

is a primary focus

Locate

opportunities

that utilize and benefit from our

in-house expertise

Portfolio and Transactions

111 West 57th

New York, New York
Luxury Condo Tower
60 Residences

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151 East 78th

New York, New York
Luxury Condo Development
14 Residences

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Lifestyle Branded Hotel

Brooklyn, New York

Over 280 Rooms

Extensive Food & Beverage Program

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1209 Dekalb

Brooklyn, New York
127 Unit Rental

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323 East 79th

New York, New York
Condo Development

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new york city
townhouse
portfolio

 

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111 West 57th

111 West 57th Street brings together the best of New York City’s prewar Golden Age of architectural design, with the best of today’s contemporary creativity in design innovation, engineering, and construction. Located in a neighborhood of premier cultural landmarks; Carnegie Hall and Lincoln Center to the West; the Museum of Modern Art a few blocks South; and the living green heart of New York City, Central Park, just steps to the North. 111 West 57th Street will feature 60 luxurious residences, coupled with every imaginable amenity.

151 East 78th

This Upper East Side New Construction Condominium Development is designed by renowned architect, Peter Pennoyer, and resides on the beautiful tree-lined 78th street. 14 three to six bedroom full floor homes, including a Maisonette and three Penthouses.

151E78.com

Lifestyle Branded Hotel

Building a 283-key hotel with an extensive food and beverage program and a large banquet space in downtown Brooklyn. Managed by the leading lifestyle hotel brand. Hotel opening in 2020.

1209 Dekalb

This five story, 127 unit luxury building is located on 1209 Dekalb Avenue, Brooklyn, NY. This complex features a 24 hour doorman, gym, billiard lounge, screening room, landscaped courtyard, communal roof deck and more.

323 East 79th

Luxury Upper East Side condominium development. Bought the land Q4 2017. Starting construction in 2019. Planning on 15 units ideally suited for upper east side families.

New York city townhouse portfolio

116 Waverly, new york, new york

10,500 Sq Ft

SOLD

317 West 77th, new york, new york

7,500 Sq Ft

SOLD

42 West 71st, new york, new york

8,300 Sq Ft

SOLD

18 West 75th, new york, new york

10 Unit Rental

SOLD