NYC Housing Development Corporation

Company Activity past 24 months:

Lender company: 50 for $8.4 billion

Top Ten Associated Companies:

L+M Development Partners (10), Phipps Houses (9), Settlement Housing Fund (7), RiseBoro Community Partnership (6), Monadnock Development (5), Camber Property Group (5), Atlantic Development Group (4), Radson Development (4), BRP Companies (4), Douglaston Development (4)

Top Ten Associated People:

Emily Kurtz (5), Jed Resnick (5), Rick Gropper (5), Peter Fine (4), Daniel Rad (4), Nicholas Lembo (4), Matthew Kelly (3), Donald Capoccia (3), Spencer Orkus (3), Salvatore D’Avola (3)

Recent activity as company:

• Camber Property Group borrowed $605 million from NYC Housing Development Corporation for 735 Lincoln Avenue, 671 Lincoln Avenue, 735 Lincoln Avenue, 2695 Linden Boulevard, N/A Eldert Lane, and others, East New York, Brooklyn on January 29, 2025.

• ACMH borrowed $90.7 million from NYC Housing Development Corporation for 1760 Jerome Avenue and 1768 Jerome Avenue, Mt Hope, Bronx on January 13, 2025.

• Tishman Speyer borrowed $165.9 million from NYC Housing Development Corporation for 160 Van Cortlandt Park South, Kingsbridge, Bronx on January 07, 2025.

• Express Builders borrowed $192.1 million from NYC Housing Development Corporation for 498 Columbia Street, Red Hook, Brooklyn on December 31, 2024.

• Blackstone Group borrowed $550 million from NYC Housing Development Corporation for 8 Spruce Street, Financial District, Manhattan on December 11, 2024.

• Genesis Companies, Community League of the Heights and Lemor Development Group borrowed $383.6 million from NYC Housing Development Corporation and Freddie Mac for 164 West 147th Street, 2441 Adam C Powell Jr Blvd, 2453 Adam C Powell Jr Blvd, 2449 Adam C Powell Jr Blvd, 131 West 143rd Street, and others, Harlem, Manhattan on October 15, 2024.

• Beacon Communities borrowed $419.6 million from Freddie Mac and NYC Housing Development Corporation for 3475 Bivona Street, 3550 Bivona Street, 2440-2456 Boston Road, and 3031-3035 Middletown Road, Eastchester, Bronx on October 07, 2024.

• Neighborhood Restore borrowed $6.8 million from NYC Housing Development Corporation for 1083-1087 Bryant Avenue, 1454 Grand Concourse, 1575 Townsend Avenue, 1245 Findlay Avenue, 2160 Walton Avenue, and others, Longwood, Bronx on October 01, 2024.

• Stellar Management borrowed $12.9 million from NYC Housing Development Corporation for 49 Crown Street, Crown Heights, Brooklyn on September 27, 2024.

• Douglaston Development borrowed $98.8 million from NYC Housing Development Corporation for 715 Noble Avenue, 1660 Lafayette Avenue, and 740 Beach Avenue, Soundview, Bronx on August 13, 2024.