| Market Capitalization (Millions $) |
53 |
| Shares
Outstanding (Millions) |
16 |
| Employees |
161 |
| Revenues (TTM) (Millions $) |
152 |
| Net Income (TTM) (Millions $) |
-28 |
| Cash Flow (TTM) (Millions $) |
14 |
| Capital Exp. (TTM) (Millions $) |
24 |
Business Description
Clipper Realty Inc. is a fully integrated real estate company that owns and manages a diverse portfolio of residential and commercial properties in New York City. Founded in 2015 by David Bistricer and Samuel Ross, the company is headquartered in Brooklyn, NY.
Clipper Realty's portfolio includes 28 properties with over 6,000 residential units and3 million square feet of commercial space. Their properties are primarily located in Brooklyn, but they also have properties in Manhattan and Queens. The company's residential properties range from luxury high-rise apartments to affordable housing units, and their commercial properties include office buildings, retail spaces, and parking garages.
The company has a strong focus on providing high-quality, well-maintained properties with exceptional customer service. They have a dedicated team of property managers and leasing agents who work to ensure that residents and tenants are satisfied with their living or working experience. In addition, they offer amenities such as fitness centers, rooftop gardens, and concierge services.
Clipper Realty is also committed to sustainability and green building practices. Many of their properties have LEED certification, and they are committed to reducing their carbon footprint through energy-efficient technologies and practices.
In terms of financial performance, Clipper Realty has seen steady growth in recent years. Their revenue in 2020 was $129.9 million, up from $111.4 million in 2019. They have also continued to invest in new properties, acquiring two new apartment buildings in Brooklyn in 2020.
Overall, Clipper Realty Inc. is a well-established real estate company with a diverse portfolio of properties and a strong focus on customer satisfaction and sustainability.
Company Address: 4611 12th Avenue, Suite 1L Brooklyn 11219 NY
Company Phone Number: 438-2804 Stock Exchange / Ticker: NYSE CLPR
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16.3 %