Clipper Realty Inc. (CLPR)

4.1300 -0.0700 (-1.67%) At close: 04:00PM EDT

Clipper Realty Inc.

4611 12th Avenue
Suite 1L
Brooklyn, NY 11219-2514
United States
718 438 2804
https://www.clipperrealty.com

Sector(s): Real Estate
Industry: REIT - Residential
Full-time employees: 148

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David Bistricer	Co-Chairman & CEO	868.72k	N/A	1950
Mr. Jacob Joseph Bistricer	Chief Operating Officer	875.34k	N/A	1981
Mr. Jacob Schwimmer	Chief Property Management Officer	645.83k	N/A	1971
Mr. Lawrence E. Kreider Jr.	CFO & Secretary	420.81k	N/A	1948

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.

Corporate governance

Clipper Realty Inc.’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.