Ralph Fasano
Concern for Independent Living
Concern for Independent Living|Concern Logan Housing Development Fund portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$29.5 million – elevator 90%, industrial 5%; Brooklyn 92%, Bronx 7%
1315th largest portfolio by dollar value
202,546 sqft – elevator 84%, industrial 14%;
1179th largest by SF
6 properties – Brooklyn 66%, Bronx 33%
151th largest
396 residential units – Brooklyn 74%, Bronx 25%
436th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $12.7 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $48.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 171,127 square feet
Top Ten Associated Companies:
Dragos Adrian Firescu (1), Leviticus Fund (1), JPMorgan Chase (1), NYS Homeless And Housing Assistance (1), NYS Homeless Housing and Assistance Corporation (1), St. James Church Fordham (1), United Developers (1)
Top Ten Associated People:
Dragos Adrian Firescu (1), Greg Maher (1), Dana Greenberg (1), Matthew Oprendek (1), Matthew Ahdoot (1)
Recent activity as signatory:
• Ralph Fasano filed plans for new building for 171,127 sqft in Mt Eden, Bronx, on August 11, 2023.
• Concern for Independent Living borrowed $32.3 million from JPMorgan Chaseand NYS Homeless And Housing Assistance for 2602 Pitkin Avenue, East New York, Brooklyn on May 04, 2023.
• Concern for Independent Living borrowed $16.2 million from Leviticus Fund for 21 East Clarke Place, Mt Eden, Bronx on February 07, 2023.
• Dragos Adrian Firescu sold 21 East Clarke Place, Mt Eden, Bronx for $12.7 million to Concern for Independent Living on February 07, 2023.
• Ralph Fasano filed plans for major alteration for 118,743 sqft in Coney Island, Brooklyn, on April 19, 2022.
• Ralph Fasano filed plans for new building for 52,107 sqft in East New York, Brooklyn, on October 22, 2021.
• St. James Church Fordham sold 2520 Jerome Avenue, Fordham, Bronx for $7.3 million to Concern for Independent Living on July 29, 2021.
• Concern for Independent Living borrowed $23.2 million from NYS Homeless Housing and Assistance Corporation for 410 Warwick Street, East New York, Brooklyn on July 26, 2021.
• United Developers sold 2602 Pitkin Avenue, East New York, Brooklyn for $4.4 million to Concern Logan Housing Development Fund on March 22, 2021.
• Ralph Fasano filed plans for new building for 36,612 sqft in East New York, Brooklyn, on August 22, 2019.