Nyc Department Of Housing Preservation And Development

People:

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Nyc Department Of Housing Preservation And Development portfolio

$146.7 million – development 36%, Q0 29%; Queens 38%, Manhattan 29%

387th largest portfolio by dollar value

173,818 sqft – specialty 44%, elevator 32%;

1326th largest by SF

86 properties – Queens 46%, Brooklyn 38%

76th largest

105 residential units – Manhattan 59%, Brooklyn 39%

693th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 18 for $232.7 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Neighborhood Restore HDFC (3), Community Access (2), MHANY Management (2), Southside United H.D.F.C. (2), Bronx Pro Group (2), Bluestone Organization (1), ACMH (1), CIM Group (1), Samaritan Daytop Village (1), Phoenix Realty Group (1)

Top Ten Associated People:

Christopher Lacovara (2), Salvatore D’Avola (2), Ismene Speliotis (2), Juan Ramos (2), Samantha Magistro (2), Jason Duchin (2), Ira Lichtiger (1), Daniel K. Johansson (1), Mitchell Netburn (1), Ron Orgel (1)

Latest Stories:

• WHGA signs $63.3M rehab loan with Merchants Bank of Indiana for 27 properties in Harlem (July 17, 2024)

• Doe Fund signs $9.4M refi loan with city for two shelters in Bronx (September 18, 2023)

• GRFO pays $8.5M to Artimus for 35-unit elevator rental in Upper West Side (May 06, 2022)

• Phoenix Realty acquires interest from Abrams Capital, Belveron valued at $95M for five properties in Bronx (February 01, 2022)

• HELP USA signs $51.9M construction loan with the city for Bronx rentals (July 30, 2021)

• L+M signs $19.5M construction loan with EB-5 affiliate for development in East Harlem (June 21, 2021)

• TCO issued for 115-units of supportive housing in Morrisania (October 19, 2020)

• Lemle & Wolff borrows $32.4M from Sterling to build 72 units in Soundview (October 19, 2020)

• Neighborhood Restore files plans for $4.1M in rehabs of two Bronx resi buildings (September 16, 2020)

• Postgraduate Center for Mental Health borrows $8M from NYC HPD for multifamily property in Bedford-Stuyvesant (June 12, 2020)

Litigation:

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Properties:

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