Clipper Realty Management

Management criteria checks 2/4

Clipper Realty's CEO is David Bistricer, appointed in Jan 2015, has a tenure of 9.17 years. total yearly compensation is $2.10M, comprised of 29.9% salary and 70.1% bonuses, including company stock and options. directly owns 7.18% of the company’s shares, worth $14.00M. The average tenure of the management team and the board of directors is 9.2 years and 9.2 years respectively.

Key information

David Bistricer

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage29.9%
CEO tenure9.2yrs
CEO ownership7.2%
Management average tenure9.2yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?

Dec 19

The 7.2% Dividend Of Clipper Realty Comes With High Risk

Sep 28

Clipper Realty: Local Expertise In NY Market Is Overshadowed By Higher Debt Load

Jan 25

Rhizome Partners - Clipper Realty:  Poised For Dramatic Revenue Increases

Aug 24

Clipper Realty goes ex-dividend tomorrow

Aug 17

Clipper Realty: Bargain Price NYC Real Estate

Aug 08

Clipper Realty: Attractive New York Multi-Family REIT At A 4.58% Yield

Jul 23

Clipper Realty: The Upside

Apr 25

Clipper Realty: Trading At 30-70% Of NAV, Yields 4% And Insiders Own 40%

Mar 08

Why I Continue To Be Long In Clipper Realty

Dec 05

Clipper Realty Could Double Your Money

Aug 22

It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Jun 11
It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year

Clipper Realty: This NYC Landlord Is A Speculative Buy, Here's Why

May 29

Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Mar 18
Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?

Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares

Jan 25
Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares

Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?

Dec 21
Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?

Clipper Realty: A Decent REIT

Dec 11

Clipper Realty: Large Debt Makes This NYC Stock One To Avoid

Dec 09

Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

Nov 24
Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?

CEO Compensation Analysis

How has David Bistricer's remuneration changed compared to Clipper Realty's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-US$7m

Sep 30 2023n/an/a

-US$7m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$7m

Dec 31 2022US$2mUS$630k

-US$6m

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$7m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$2mUS$579k

-US$8m

Sep 30 2021n/an/a

-US$7m

Jun 30 2021n/an/a

-US$7m

Mar 31 2021n/an/a

-US$8m

Dec 31 2020US$2mUS$546k

-US$5m

Sep 30 2020n/an/a

-US$5m

Jun 30 2020n/an/a

-US$4m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$1mUS$520k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$938k

Mar 31 2019n/an/a

-US$333k

Dec 31 2018US$840kUS$500k

-US$4m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$5m

Mar 31 2018n/an/a

-US$6m

Dec 31 2017US$777kUS$500k

-US$3m

Compensation vs Market: David's total compensation ($USD2.10M) is above average for companies of similar size in the US market ($USD1.47M).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


CEO

David Bistricer (73 yo)

9.2yrs

Tenure

US$2,104,117

Compensation

Mr. David Bistricer is a Principal in E.B. Acquisitions, LLC. Mr. Bistricer serves as Co-Chairman and Chief Executive Officer of Clipper Realty Inc. and has been its Director since 2015.Mr. Bistricer has...


Leadership Team

NamePositionTenureCompensationOwnership
David Bistricer
Co-Chairman & CEO9.2yrsUS$2.10m7.18%
$ 14.0m
Jacob Bistricer
Chief Operating Officer9.2yrsUS$5.55m1.86%
$ 3.6m
Jacob Schwimmer
Chief Property Management Officerno dataUS$3.22m0.22%
$ 424.8k
Lawrence Kreider
CFO & Secretary2.8yrsUS$803.84kno data

9.2yrs

Average Tenure

62.5yo

Average Age

Experienced Management: CLPR's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Bistricer
Co-Chairman & CEO9.2yrsUS$2.10m7.18%
$ 14.0m
Howard Lorber
Independent Director9.2yrsUS$127.34k0.16%
$ 308.1k
Harmon Spolan
Independent Director6.1yrsUS$106.70k0.0062%
$ 12.1k
Shmuel Levinson
Co-Chairman of the Board9.2yrsUS$3.03m2.32%
$ 4.5m
Richard Burger
Independent Director6.1yrsUS$106.70kno data
Robert Ivanhoe
Independent Director9.2yrsUS$117.34kno data
Roberto Verrone
Director9.2yrsUS$106.61k0.012%
$ 23.3k

9.2yrs

Average Tenure

73yo

Average Age

Experienced Board: CLPR's board of directors are considered experienced (9.2 years average tenure).


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