Exhibit 21.1
Subsidiaries of Clipper Realty Inc.
| Name of Subsidiary | Jurisdiction of Incorporation/Formation | |
| 10 West 65 Owner LLC | New York | |
| 50 Murray Mezz LLC | Delaware | |
| 50 Murray Mezz One LLC | Delaware | |
| 50 Murray Mezz Two LLC | Delaware | |
| 50 Murray Street Acquisition LLC | Delaware | |
| 50/53 JV LLC | Delaware | |
| 141 Livingston Owner LLC | Delaware | |
| 250 Livingston Owner LLC | Delaware | |
| 1010 Pacific Owner LLC | Delaware | |
| Dean Owner LLC | Delaware | |
| Aspen 2016 LLC | Delaware | |
| Berkshire Equity LLC | Delaware | |
| Clipper 107 CH LLC | Delaware | |
| Clipper 107 CH Member LLC | Delaware | |
| Clipper 107 CH MT, L.P. | Delaware | |
| Clipper Realty Construction LLC | Delaware | |
| Clipper Realty L.P. | Delaware | |
| Clipper TRS LLC | Delaware | |
| Gunki Holdings LLC | Delaware | |
| Kent Realty, LLC | New York | |
| Renaissance Equity Holdings LLC | New York | |
| Renaissance Equity Holdings LLC A | New York | |
| Renaissance Equity Holdings LLC B | New York | |
| Renaissance Equity Holdings LLC C | New York | |
| Renaissance Equity Holdings LLC D | New York | |
| Renaissance Equity Holdings LLC E | New York | |
| Renaissance Equity Holdings LLC F | New York | |
| Renaissance Equity Holdings LLC G | New York |