Local Initiatives Support Corporation

Company Activity past 24 months:

Lender company: 8 for $147.9 million

Top Ten Associated People:

Stanley Celius (2), Christina DeRose (1), Consolato Cicciu (1), Yvonne Stennett (1), Alex Havriliak (1), Samuel Alston-Habib (1), Michael Stolper (1), Michelle de la Uz (1), Joseph Riegler (1), Charlene Melville (1)

Recent activity as company:

Joint Ownership Entity New York City borrowed $18.4 million from Local Initiatives Support Corporation for 231 5th Avenue, 130 29th Street, 257 3rd Avenue, 115 Columbia Street, 4707 4th Avenue, and others, Park Slope, Brooklyn on January 23, 2025.

Aperture Foundation borrowed $8 million from Local Initiatives Support Corporation for 101 West 78th Street, Upper West Side, Manhattan on October 22, 2024.

Fifth Avenue Committee and Joint Ownership Entity New York City borrowed $17.7 million from Local Initiatives Support Corporation for 130 29th Street, 588 Park Place, and 594 Park Place, Greenwood Heights, Brooklyn on July 26, 2024.

Novis Living borrowed $31.2 million from Local Initiatives Support Corporation for 204 West 120th Street, 2350 Fredrick Douglass Bl, 305 West 126th Street, and 150 West 121st Street, Harlem, Manhattan on May 30, 2024.

Cypress Hills Local Development Corporation borrowed $14.8 million from Local Initiatives Support Corporation for 2381 Dean Street, 211 Hull Street, 47 Hill Street, 246 Lincoln Avenue, and 1823 Eastern Parkway, Brownsville, Brooklyn on May 08, 2024.

CB-Emmanuel Realty borrowed $43.2 million from Local Initiatives Support Corporation for 102 W 119th Street, 1971 7th Avenue, 128 W 116th Street, and 110 Lenox Avenue, Harlem, Manhattan on February 26, 2024.

Broadway Housing Communities borrowed $6.6 million from Local Initiatives Support Corporation for 583 Riverside Drive, Harlem, Manhattan on January 11, 2024.

Joseph Riegler borrowed $8 million from Local Initiatives Support Corporation for 818 Dumont Avenue, East New York, Brooklyn on December 20, 2023.

Prospect Schools borrowed $12 million from Local Initiatives Support Corporation for 272 Macon Street, Bedford-Stuyvesant, Brooklyn on January 03, 2023.

Community League of the Heights borrowed $7.7 million from Local Initiatives Support Corporation for 500 West 159th Street, 531 West 160th Street, and 547 West 160th Street, Washington Heights, Manhattan on December 27, 2022.

Latest Stories:

• Novis Living signs $31.2M renovation loan for properties in Harlem (May 31, 2024)

• CB-Emmanuel Realty signs $43.2M construction loan to renovate four properties in Harlem (February 27, 2024)

• Joseph Riegler signs $8M renovation loan with LISC for school in East New York (December 21, 2023)

• Joseph Riegler pays $5.4M for school building in East New York (April 26, 2023)

• Aperture Foundation pays $8.9M to GTIS Partners for retail condo in Upper West Side (September 26, 2022)

• Charter school pays $14.6M to Edge Property for location in Harlem (September 08, 2022)

• Seventh-day Adventist Church affiliate borrows $14.5M from Dime Community Bank for property in Inwood (July 27, 2020)

• Ariel Sherizen’s Edge Property Group pays $8.1M for property in Central Harlem (November 22, 2019)

Court Records:

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