EcoRise Development

EcoRise Development portfolio

$11.6 million* – elevator 100%; Manhattan 100%, Bronx 0%

2435th largest portfolio by dollar value

28,380 sqft – elevator 100%;

3689th largest by SF

18 residential units – Manhattan 100%, Bronx 0%

3340th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $19.2 million

Top Ten Associated Companies:

Santander Bank (1), Joyland Group (1), ACHS Management (1), Meadow Partners (1), Aperture Holdings (1)

Top Ten Associated People:

Steven J. Robinson (1), Alex Adjmi (1), Pir Granoff (1)

Recent activity as company:

• EcoRise Development borrowed $19.2 million from Santander Bank for 159-161 Bleecker Street, Greenwich Village, Manhattan on February 07, 2023.

• EcoRise Development sold 161 Roebling Street, Williamsburg, Brooklyn for $4.8 million to Meadow Partners and Aperture Holdings on January 19, 2022.

• Joyland Group sold 159 Bleecker Street, West Village, Manhattan for $35.7 million to EcoRise Development on March 02, 2020.

• ACHS Management sold 100 Livingston Street, Brooklyn Heights, Brooklyn for $10.5 million to EcoRise Development on February 04, 2020.

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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