Cayuga Capital Management

Cayuga Capital Management (CCM) took shape in 2007 when Jacob Sacks and James Wiseman decided to form a real estate firm built on long-term planning and steady, practical development work. From its base in New York City, the company focuses on both Brooklyn and Texas, managing projects that involve acquiring properties, planning redevelopment, overseeing construction, and running day-to-day operations. From the beginning, the partners have aimed to build places that serve real community needs, including housing, retail spaces, and facilities that support recreation and social activity.

Brooklyn has been central to the firm’s efforts for more than a decade. Cayuga Capital has developed more than 350 apartment units and nearly 450,000 square feet of commercial space throughout the borough. These accomplishments have positioned CCM as one of the largest commercial developers in Williamsburg and as a key residential operator in Bushwick. As these neighborhoods have moved from older industrial uses to more diverse, mixed-use environments, CCM has contributed projects that reflect the changing needs of both residents and local businesses.

One project that highlights the firm’s redevelopment approach involved Vital Climbing Gym, a fitness operator founded in California. In 2017, Cayuga Capital purchased a large warehouse at 1 Nassau Avenue. The building, located near McCarren Park, where Williamsburg meets Greenpoint, was more than a century old and suited for repurposing. CCM identified an opportunity to reposition the property for a high-performance fitness tenant. The redevelopment resulted in approximately 46,000 square feet of climbing terrain, fitness facilities, and community-focused spaces. When the building was sold in 2023 for $43.3 million, it set a record as the highest price paid at the time for a standalone climbing facility. The project demonstrated how older industrial properties can be adapted to meet new demand while bringing new energy to surrounding blocks.

Cayuga Capital also contributed to commercial activity in Bushwick by transforming two aging factory structures at 22–28 Wyckoff Avenue into a 10,000-square-foot retail center. The project added an organic grocery store, a boutique wine shop, and a flexible space intended for a restaurant or nightlife tenant. This redevelopment supported early retail growth in a neighborhood that was beginning to attract new investment.

Another Bushwick initiative involved a 27,000-square-foot property that included a historic church, a former middle school, and nearby vacant land. CCM redeveloped the combined site into a 99-unit residential complex while preserving the church's critical architectural elements. Completed in 2017, the project covered 90,000 square feet and combined historic preservation with updated residential design.

In Williamsburg, the firm also led the redevelopment of the Lewis Steel Building, a 100,000sf steel factory originally built in the 1930s. Located at 76 North 4th Street and stretching from Berry to Wythe Streets, the property was transformed into 83 loft-style apartments and 20,000 square feet of retail space. It remains one of the area’s notable industrial conversions.

Outside New York, Cayuga Capital has extended its work into the Dallas–Fort Worth region of Texas. The company believes in the state’s long-term growth. It has invested in projects such as pickleball facilities, data centers, daycare centers, and other commercial developments that help support surrounding residential areas.