North River Company

North River Company NYC portfolio

$33 million* – industrial 100.0%; Queens 100.0%, Manhattan 0.0%

2310th largest portfolio by dollar value

120,720 sqft – industrial 100%;

1681th largest by SF

Top Ten Associated Companies:

United Bank (1), Fortress Investment Group (1)

Top Ten Associated People:

Timothy J. McMachen (1)

Recent activity as company:

North River Company borrowed $24.8 million from United Bank for 33-02 48th Avenue, Long Island City, Queens on January 10, 2022.

North River Company borrowed $40.4 million from Fortress Investment Group for 48-49 35th Street, 48-39 35th Street, Long Island City, Queens on September 18, 2020.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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