Kerry LaBotz

NYC Department of Housing Preservation and Development

LinkedIn

NYC Department of Housing Preservation and Development portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$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.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 7 for $90.9 million

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

Top Ten Associated People:

Christopher Lacovara (2), Samantha Magistro (2), Jason Duchin (2), Juan Ramos (1), Gregory Colimon (1), Donald C. Notice (1), Michael Wadman (1)

Recent activity as signatory:

• Phipps Houses borrowed $20 million from Citibankand NYC Department of Housing Preservation and Development for 3103 3rd Avenue, Melrose, Bronx on January 07, 2025.

• Bronx Pro Group borrowed $10 million from NYC Department of Housing Preservation and Development for 235 West 115th Street, 2084 Fred Douglass Blvd, 216 West 111th Street, 267 West 113thstreet, 212 West 111th Street, and others, Harlem, Manhattan on January 03, 2025.

• Bronx Pro Group borrowed $7.4 million from NYC Department of Housing Preservation and Development for 2425 Adam C Powell Blvd, 67-69 West 137th Street, 241 West 135th Street, 2246 Adam C Powell Blvd, and 231 West 134th Street, Harlem, Manhattan on January 03, 2025.

• Southside United H.D.F.C. borrowed $19.7 million from NYC Department of Housing Preservation and Development for 201 South 4th Street, 258-262 Grand Street, 743-747 Driggs Avenue, 188 South 2nd Street, 184 South 2nd Street, and others, Williamsburg, Brooklyn on July 30, 2024.

• West Harlem Group Assistance borrowed $22.8 million from NYC Department of Housing Preservation and Development for 513 West 145th Street, 102-104 West 142nd Street, 1528 Amsterdam Avenue, 1652 Amsterdam Avenue, 117 West 129th Street, and others, Harlem, Manhattan on July 16, 2024.

• Northcore Studios Housing Development Fund borrowed $5 million from City of New York for 2324 Pitkin Avenue and 363 Jerome Street, East New York, Brooklyn on February 26, 2024.

• Community Access borrowed $6 million from NYC Department of Housing Preservation and Development for 772 East 168th Street, Morrisania, Bronx on January 17, 2023.

• Community Access borrowed $7.3 million from NYC Department of Housing Preservation and Development for 877 East 165th Street and 1022 Rev James Polite Avenue, Longwood, Bronx on January 10, 2022.

• Cadman Towers Inc. borrowed $41.8 million from NYC Housing Development Corporation for 101 Clark Street and 10 Clinton Street, Brooklyn, Brooklyn on July 07, 2021.