How Bistricer was paid
$2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| David BistricerChief Executive Officer | $630,000 | $835,000 | — | $582,372 | $2,047,372 |
| J.J. BistricerChief Operating Officer | $425,000 | $250,000 | $307,000 | $587,458 | $1,569,458 |
| Jacob SchwimmerChief Property Management Officer | $325,000 | $250,000 | $300,000 | $416,594 | $1,291,594 |
What changed and why
- $2MDavid Bistricer received $2,047,372 in total compensation for 2025, representing a decrease from the prior year total.
- $835KStock awards for the chief executive officer totaled $835,000, granted in LTIP units.
- $1.6MJ.J. Bistricer received $1,569,458 in total compensation, which included $307,000 in non-equity incentive plan compensation.
- $1.3MJacob Schwimmer received $1,291,594 in total compensation, comprising salary, stock awards, non-equity incentives, and other compensation.
- All other compensation for named executive officers included cash distributions on outstanding LTIP units.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.