Joel Schreiber

Joel Schreiber is a British-born American real estate developer, investor, and founder of Waterbridge Capital.

Schreiber was born to a Hasidic Jewish family in London.^[1][2][3] He moved to New York City and in 2000 – with the help of his family and private investors – purchased residential real estate in Brooklyn, upstate New York, and New Jersey.^[1] In 2004, he sold most of the residential portfolio to concentrate on commercial properties in Manhattan.^[1] In 2006, he founded Waterbridge Capital as a vehicle for his investments.^[1][4] Waterbridge generally leaves the development of properties to its partners and focuses on raising capital and finding partners.^[1] His first major investment was the $190 million purchase of 536 Broadway in 2007.^[1] In 2010, he purchased a 33-percent interest in WeWork (founded by Adam Neumann and Miguel McKelvey) for $15 million after meeting the founders who were inquiring about a potential lease.^[5] McKelvey stated that the deal was a pivotal moment for the company.^[1] It is uncertain how much of an interest Schreiber presently holds in WeWork. In 2012, he partnered with Ben Bernstein and Ben Stokes of RedSky Capital and purchased a group of properties for $66 million on Bedford Avenue in Williamsburg, Brooklyn; they redeveloped the real estate and subsequently signed Apple to a 20,000-square-foot retail lease.^[1] In 2012, Schreiber partnered with Brooklyn real estate investor David Werner and purchased One Court Square for $481 million in Long Island City, Queens from Stephen L. Green's, SL Green and JPMorgan Asset Management.^[1] Also in 2012, he partnered with Kenneth S. Horn of Alchemy Properties and WeWork's Neumann and purchased for $68 million the top floors of the Woolworth Building which they converted into condominiums.^[1]

Joel Schreiber is one among several prominent Hasidic real estate developers in Brooklyn^[2][3][6] who have increased the supply of housing in many Brooklyn neighborhoods.

Schreiber is married and has children.^[1]