MacQuesten Companies

People:

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MacQuesten Companies portfolio

$1.5 million* – development 100%; Brooklyn 100%, Manhattan 0%

5816th largest portfolio by dollar value

Top Ten Associated Companies:

NYC Housing Development Corporation (1), Hp Webster Gardens Housing Dev Fund Company, Inc. (1), Heritage Affordable Communities (1)

Top Ten Associated People:

Ruth Moreira (1), Alexander Hajibay (1)

Recent activity as company:

• MacQuesten Companies borrowed $78.8 million from NYC Housing Development Corporation for 1510 Broadway, Bedford-Stuyvesant, Brooklyn on July 12, 2022.

• MacQuesten Companies sold 2120 Hughes Avenue, Tremont, Bronx for $8.2 million to Heritage Affordable Communities on September 13, 2021.

• MacQuesten Companies sold 1971 Webster Avenue, Fordham, Bronx for $10.8 million to Hp Webster Gardens Housing Dev Fund Company, Inc. on January 19, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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