The Bridge
People:
The Bridge portfolio
$59.9 million – elevator 55%, N9 20%; Manhattan 37%, Brooklyn 32%
818th largest portfolio by dollar value
488,741 sqft – elevator 49%, condo 24%;
606th largest by SF
18 properties – Manhattan 50%, Brooklyn 27%
139th largest
656 residential units – Brooklyn 45%, Bronx 29%
305th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $1.9 million
Seller company: 0 for $0
Borrower company: 3 for $47.1 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
CPC Mortgage Company (1), NYS Dormitory Authority (1), UMB Bank (1), 125th Street (New York, NY) Contract-Backed Pass-Through Trust (1), NYC Department of Housing Preservation and Development (1), JPMorgan Chase (1), Women In Need (1), UMB Bank trustee (1), Yehuda Cohen (1), NYS Housing Finance Agency (1)
Top Ten Associated People:
Emily Lehman (1), Joseph Memoly (1), Yehuda Cohen (1), Jacob Fulop (1)
Latest Stories:
• The Bridge signs $27.7M construction loan for 66-unit project in East Morrisania (August 01, 2023)
• Jacob Fulop pays $5.2M to The Bridge for 10-unit walkup in Alphabet City (July 05, 2022)
• The Bridge pays $13M to family of Miriam Cohen for property in Morrisania (December 03, 2020)
• The Bridge borrows $11M from CPC for rental in Morrisania (December 03, 2020)
• TCO issued for 115-units of supportive housing in Morrisania (October 19, 2020)
Litigation: