Two Bridges Neighborhood Council
Two Bridges Neighborhood Council portfolio
$14.3 million* – elevator 100%; Manhattan 100%, Bronx 0%
2171th largest portfolio by dollar value
83,904 sqft – elevator 100%;
2149th largest by SF
109 residential units – Manhattan 100%, Bronx 0%
1368th largest by residential units
Company Activity past 24 months:
Borrower company: 1 for $29.6 million
Top Ten Associated Companies:
Merchants Capital (1), (1)
Recent activity as company:
• Two Bridges Neighborhood Council borrowed $29.6 million from Merchants Capital for 80 Rutgers Slip, Lower East Side, Manhattan on April 26, 2024.
• Company sold 80 Rutgers Slip, Chinatown, Manhattan for $14 million to Two Bridges Neighborhood Council on February 26, 2021.
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Properties:
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.