RiseBoro Community Partnership

riseboro.org/staff/emily-kurtz

People:

To see the 2 people from this company you need a Professional level subscription

Subscribe ($125/month)

RiseBoro Community Partnership portfolio

$326.2 million* – elevator 26%, walkup 26%; Brooklyn 65%, Queens 30%

193th largest portfolio by dollar value

3,180,856 sqft – elevator 33%, D6 33%;

103th largest by SF

129 properties – Brooklyn 95%, Queens 2%

62th largest

3,464 residential units – Brooklyn 60%, Queens 32%

51th largest by residential units

Company Activity past 24 months:

Buyer company: 3 for $92.2 million

Borrower company: 6 for $383.4 million

Top Ten Associated Companies:

NYC Housing Development Corporation (6), Webster Bank (2), NYS Housing Finance Agency (2), Merchants Capital (1), McSam Hotel Group (1), Safehold Inc. (1), NYC Department of Housing Preservation and Development (1), Fortis Property Group (1), Sterling National Bank (1), Rocky Mount Baptist Church (1)

Top Ten Associated People:

K. James Dittbrenner (1), Lauren Connors (1), Bianca Geary (1), Sam Chang (1), Patrick Love (1), Elisha Blechner (1), Russell Hubley (1), James Ellis (1), Allen Lamboy (1), Spencer Orkus (1)

Recent activity as company:

• Services for the Underserved and L+M Development Partners sold N/A Fountain Avenue, N/A Erskine Street, and N/A Fountain Avenue, None, Brooklyn for $17.8 million to RiseBoro Community Partnership and L+M Development Partners on January 14, 2025.

• Georgica Green Ventures and RiseBoro Community Partnership borrowed $165.1 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 2015 Boardwalk West, Coney Island, Brooklyn on July 03, 2024.

• Safehold Inc. sold 2015 Boardwalk West, Coney Island, Brooklyn for $10.4 million to Georgica Green Ventures and RiseBoro Community Partnership on July 03, 2024.

• Slate Property Group and RiseBoro Community Partnership borrowed $152.4 million from NYC Housing Development Corporation and NYS Housing Finance Agency for 144-02 135th Avenue, South Ozone Park, Queens on January 16, 2024.

• McSam Hotel Group sold 144-02 135th Avenue, South Ozone Park, Queens for $64 million to Slate Property Group and RiseBoro Community Partnership on January 16, 2024.

• RiseBoro Community Partnership borrowed $22 million from Webster Bank for 272 Jefferson Street, 63 Stockholm Street, and 332 Eldert Street, Bushwick, Brooklyn on January 05, 2024.

• RiseBoro Community Partnership borrowed $12.4 million from Merchants Capital for 85 East 233rd Street and 63 East 233rd Street, Woodlawn Heights, Bronx on September 13, 2023.

• RiseBoro Community Partnership borrowed $6.8 million from NYC Housing Development Corporation for 37-41 Hillside Avenue, Washington Heights, Manhattan on June 26, 2023.

• RiseBoro Community Partnership borrowed $24.7 million from Citizens Bank for 160 Bleecker Street, 113-115 Linden Street, 109-111 Linden Street, 301 Harman Street, 230 Moffat Street, and others, Bushwick, Brooklyn on May 15, 2023.

• Slate Property Group and RiseBoro Community Partnership borrowed $121.7 million from NYC Housing Development Corporation for 326 Rockaway Avenue, Brownsville, Brooklyn on January 09, 2023.