Neighborhood Restore

(Neighborhood Restore HDFC, Neighborhood Restore Housing Development Fund Corporation, Restoring Communities)

Owner|Developer

Nonprofit

150 Broadway, Suite 2101 New York, NY 10038

People:

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Neighborhood Restore portfolio

$116.1 million – walkup 61.0%, mixed-use 13.0%; Manhattan 49.0%, Bronx 43.0%

482th largest portfolio by dollar value

1,159,719 sqft – walkup 72.0%, elevator 19.0%;

290th largest by SF

86 properties – Manhattan 41%, Bronx 34%

76th largest

1,459 residential units – Bronx 66.0%, Manhattan 27.0%

149th largest by residential units

Company Activity past 24 months:

Buyer company: 0 for $0

Seller company: 3 for $15.6 million

Borrower company: 1 for $6.8 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Max Irgang (14), Joseph Friedman (14), Fazeela Siddiqui (2), Amelia Rideau (2), Mitchell Netburn (1), Raul Russi (1), Ismene Speliotis (1), Michael Rooney (1), Maria Lizardo (1), Juan Barahona (1)

Latest Stories:

• Nonprofits trade 5-unit walkup in Crown Heights for $3.8M (October 22, 2024)

• MDG Design + Construction pays $5.9M for 16-unit walkup in Harlem (December 20, 2022)

• HELP USA signs $51.9M construction loan with the city for Bronx rentals (July 30, 2021)

• Neighborhood Restore pays $122M to Blackshore Realty for 15 properties (July 14, 2021)

• Lemle & Wolff borrows $32.4M from Sterling to build 72 units in Soundview (October 19, 2020)

• Neighborhood Restore files plans for $4.1M in rehabs of two Bronx resi buildings (September 16, 2020)

• Neighborhood Restore pays $74M to Max Irgang for property in Upper Manhattan, Bronx (February 20, 2020)

• Neighborhood Restore borrows $80M from NYC HPD for housing acquisition in Upper Manhattan, Bronx (February 20, 2020)

Properties:

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