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By investing in improvements at his buildings at 22 Spring Street, 102 Norfolk Street, and 113 Stanton Street, Samy Mahfar and his firm SMA Equities have transformed living conditions for many tenants. First, he cured nearly 277 violations, most of which pre-existed long before he bought the buildings. He then began a series of renovations that vastly enhanced building safety, such as video intercoms, security cameras and new and stronger entry doors. In addition, Samy Mahfar upgraded the electrical systems so that residents are now able to run air-conditioners at the same time as hair dryers, toasters, and other appliances.
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SMA Equities is a New York-based real estate firm that invests as a principal in multi-family, retail, office, mixed-use properties, and land
Our investments are nationwide, with the largest share of our assets located within the greater New York metropolitan area
