Craig Nassi
BCN Development
BCN Development portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$7 million – elevator 100%, V0 0%; Bronx 100%, Manhattan 0%
3183th largest portfolio by dollar value
59,365 sqft – elevator 100%, V0 0%;
2583th largest by SF
5 properties – Bronx 100%, Manhattan 0%
152th largest
71 residential units – Bronx 100%, Manhattan 0%
727th largest by residential units
3 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 8,240 square feet
Top Ten Associated Companies:
Piermont Bank (2), Metropolitan Commercial Bank (1), 5 Arch Funding Corp. (1)
Top Ten Associated People:
Steve LaFredo (1)
Recent activity as signatory:
• Craig Nassi filed plans for major alteration for 4,120 sqft in Fordham Heights, Bronx, on June 13, 2023.
• Craig Nassi filed plans for major alteration for 4,120 sqft in Fordham Heights, Bronx, on June 13, 2023.
• BCN Development borrowed $8 million from Piermont Bank for 65 Buchanan Place, University Heights, Bronx on June 08, 2022.
• BCN Development borrowed $10.2 million from Metropolitan Commercial Bank for 2086 Valentine Avenue, 2088 Valentine Avenue, 2092 Valentine Avenue, and 2090 Valentine Avenue, Fordham, Bronx on August 10, 2021.
• BCN Development borrowed $8 million from Piermont Bank for Buchanan Place, University Heights, Bronx on May 04, 2020.
• BCN Development borrowed $8.9 million from 5 Arch Funding Corp. for 2086 Valentine Avenue, 2088 Valentine Avenue, 2090 Valentine Avenue, 2092 Valentine Avenue, Fordham, Bronx on September 17, 2019.
• Craig Nassi filed plans for new building for 27,394 sqft in Fordham Heights, Bronx, on April 18, 2019.