The Bridge

People:

To see the 3 people from this company you need a Professional level subscription

Subscribe ($125/month)

The Bridge portfolio

$63.5 million* – elevator 52%, N9 19%; Manhattan 41%, Brooklyn 30%

809th largest portfolio by dollar value

506,906 sqft – elevator 47%, condo 23%;

604th largest by SF

19 properties – Manhattan 52%, Brooklyn 26%

485th largest

677 residential units – Brooklyn 44%, Bronx 28%

328th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 2 for $17.8 million

Borrower company: 5 for $107.5 million

Top Ten Associated Companies:

JPMorgan Chase (2), 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), Manhattan Bible Church (1), Webster Bank (1), Leviticus Fund (1), Women In Need (1)

Top Ten Associated People:

Emily Lehman (1), Harry Jones (1), Randy Gruenberg (1), Greg Maher (1), Joseph Memoly (1), Yehuda Cohen (1), Jacob Fulop (1), Dana Greenberg (1)

Recent activity as company:

The Bridge borrowed $40.8 million from JPMorgan Chase and NYS Homeless Housing and Assistance Corporation for 39 West 128th Street, Harlem, Manhattan on January 15, 2025.

The Bridge for Taso Vassiliou filed plans for new building for 157,900 sqft in Inwood, Manhattan, on January 02, 2025.

The Bridge borrowed $12 million from UMB Bank trustee for 2248 Webster Avenue, Belmont/Little Italy, Bronx on August 08, 2024.

Women In Need sold 2248 Webster Avenue, Belmont/Little Italy, Bronx for $1.9 million to The Bridge on August 08, 2024.

The Bridge and Radson Development borrowed $19.6 million from Webster Bank and Leviticus Fund for 3816 9th Avenue, Inwood, Manhattan on August 01, 2024.

• Manhattan Bible Church sold 3816 9th Avenue, Inwood, Manhattan for $15.8 million to The Bridge and Radson Development on August 01, 2024.

The Bridge borrowed $27.7 million from JPMorgan Chase for 1559 Boone Avenue, East Morrisania, Bronx on July 31, 2023.

The Bridge borrowed $7.4 million from NYC Department of Housing Preservation and Development for 3500 Park Avenue, Morrisania, Bronx on April 18, 2023.

The Bridge borrowed $11.3 million from UMB Bank and 125th Street (New York, NY) Contract-Backed Pass-Through Trust for 551 West 125th Street, Harlem, Manhattan on September 21, 2022.

The Bridge borrowed $16 million from NYS Dormitory Authority for 203 West 113thstreet, Harlem, Manhattan on August 22, 2022.

Court Records:

To see the 1 case for this company you need a Professional level subscription

Subscribe ($125/month)

Properties:

To see the 19 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply