Fortune Society

Fortune Society portfolio

$6.7 million* – hotel 76%, development 23%; Manhattan 100%, Bronx 0%

3298th largest portfolio by dollar value

26,334 sqft – hotel 100%, development 0%;

3791th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3362th largest

Company Activity past 24 months:

Borrower company: 3 for $59.2 million

Top Ten Associated People:

Jane E. Silverman (1), Hank Freid (1)

Recent activity as company:

Fortune Society borrowed $13 million from NYC Department of Housing Preservation and Development for 256 West 97th Street, Upper West Side, Manhattan on February 04, 2025.

Fortune Society borrowed $15.2 million from M&T Bank for 258 West 97th Street, Upper West Side, Manhattan on January 31, 2025.

Fortune Society borrowed $31 million from JPMorgan Chase and NYS Homeless Housing and Assistance Corporation for 107 East 123rd Street, East Harlem, Manhattan on March 28, 2024.

Impulsive Group sold 258 West 97th Street, Upper West Side, Manhattan for $11 million to Fortune Society on February 08, 2022.

Fortune Society borrowed $13.2 million from Enterprise Community Partners for 258 West 97th Street, Upper West Side, Manhattan on February 08, 2022.

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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