Peter Fine
Bolivar Development
Owner
Bolivar Development portfolio
$3.5 million* – development 100%; Manhattan 100%, Bronx 0%
4468th largest portfolio by dollar value
Person Activity past 24 months:
Seller signatory: 2 for $35.5 million
Borrower signatory: 5 for $182.1 million
Developer (new building or major alteration): 16.0 for 103,918 square feet
Top Ten Associated Companies:
JLL (12), Signature Bank (10), M&T Bank (8), Valley National Bank (4), NYC Housing Development Corporation (4), Camba (2), New York City Housing Development Corporation (1), East West Bank (1), Sophia Bishkoff (1), Richard Pogostin (1)
Top Ten Associated People:
Ruth Moreira (5), Joanne M. Oplustil (2), Kim Carson (1), Alyssa D. Berquam (1), Brian Tish (1), Sanford Lau (1), Sophia Bishkoff (1), Richard Pogostin (1), Brian Berger (1), Richard Cisternas (1)
Recent activity as company:
• Bolivar Development sold 350 Grand Concourse, Mott Haven, Bronx for $28.5 million to Shorewood Real Estate Group and Spencer An on December 26, 2024.
• Bolivar Development sold 3041 Webster Avenue, Norwood, Bronx for $7 million to ACMH on November 12, 2024.
• Atlantic Development Group borrowed $44 million from Customers Bank for 263 East 203rd Street, Bedford Park, Bronx on October 11, 2024.
• Bolivar Development borrowed $56 million from East West Bank for 400 West 219th Street, Inwood, Manhattan on April 17, 2024.
• Atlantic Development Group and Seton Educational Partners borrowed $31.5 million from M&T Bank for 1956 Jerome Avenue, Mt Hope, Bronx on April 10, 2023.
• Atlantic Development Group borrowed $12 million from Valley National Bank for 1325 Jerome Avenue, Mt Eden, Bronx on April 06, 2023.
• Atlantic Development Group borrowed $38.6 million from M&T Bank for 263 East 203rd Street, Bedford Park, Bronx on March 06, 2023.
• Peter Fine filed plans for new building for 285,216 sqft in Morris Heights, Bronx, on January 18, 2023.
• Peter Fine filed plans for new building for 96,758 sqft in Norwood, Bronx, on December 15, 2022.
• Atlantic Development Group borrowed $11.8 million from JLL for 3121 Villa Avenue, Bedford Park, Bronx on September 23, 2022.
Latest Stories:
• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)
• Nonprofit ACMH pays $7M to Peter Fine for dev site in Norwood (November 13, 2024)
• Peter Fine signs $44M refi loan with Customers Bank for school in Bedford Park (October 14, 2024)
• Maddd Equities pays $22.6M for 333-unit dev site in Morris Heights (September 17, 2024)
• Atlantic Development signs $38.6M construction loan for school in Bedford Park (March 07, 2023)
• Atlantic Development files plans for 333-unit rental in Morris Heights (January 23, 2023)
• Atlantic Development signs $30.4M construction loan with M&T Bank in Mt Eden (January 07, 2022)