Carthage Advisors
Carthage Advisors NYC portfolio
$265.7 million* – elevator 92.0%, development 6.0%; Manhattan 96.0%, Bronx 3.0%
594th largest portfolio by dollar value
298,450 sqft – elevator 99%, development 0%;
895th largest by SF
5 properties – Manhattan 60%, Bronx 40%
1487th largest
351 residential units – Manhattan 100%, Bronx 0%
571th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $4.9 million
Borrower company: 2 for $106.2 million
Top Ten Associated Companies:
The New York City Acquisition Fund (1), NYC Housing Development Corporation (1), Nissan Cohen (1), Enterprise Community Partners (1), Dwight Capital (1)
Top Ten Associated People:
Neal S. Friedman (1), Baaba Halm (1), Adam Sasouness (1)
Recent activity as company:
• Carthage Advisors borrowed $100 million from Dwight Capital for 224 West 124th Street and 234 West 124th Street, Harlem, Manhattan on November 06, 2023.
• Carthage Advisors borrowed $6.2 million from Enterprise Community Partners for 431 Concord Avenue and 439 Concord Avenue, Mott Haven, Bronx on August 31, 2023.
• Nissan Cohen sold 431 Concord Avenue and 439 Concord Avenue, Mott Haven, Bronx for $4.9 million to Carthage Advisors on August 31, 2023.
• Carthage Advisors borrowed $85.1 million from NYC Housing Development Corporation for 212 West 124th Street, Harlem, Manhattan on January 11, 2023.
• Carthage Advisors borrowed $6 million from The New York City Acquisition Fund for 212 West 124th Street, Harlem, Manhattan on January 18, 2022.
Properties: