Alexander Hajibay

Owner

Alexander Hajibay portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$13.1 million – walkup 100%; Manhattan 74%, Queens 25%

2241th largest portfolio by dollar value

189,815 sqft – walkup 100%;

1242th largest by SF

4 properties – Manhattan 75%, Queens 25%

153th largest

214 residential units – Manhattan 72%, Queens 27%

586th largest by residential units

4 foreclosures, 0 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 1 for $8 million

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 0 for $0

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

Top Ten Associated Companies:

Richard Olson (1), NYC Housing Development Corporation (1), Berkadia Commercial Mortgage (1), Comunilife (1), New York Community Bank (1), MacQuesten Companies (1), Greystone & Co. (1)

Top Ten Associated People:

Richard Olson (1), Ruth Moreira (1), Emma Robinson (1), Michael O’Donnell (1), Rella Fogliano (1)

Recent activity as signatory:

• Comunilife sold 2130 Crotona Avenue, 950 Jennings Street, and 2111 Hughes Avenue, Belmont/Little Italy, Bronx for $8 million to Heritage Affordable Communities on May 13, 2024.

• Heritage Affordable Communities borrowed $7.3 million from NYC Housing Development Corporation for 246 West 116th Street, Harlem, Manhattan on June 01, 2022.

• Richard Olson sold 246 West 116th Street, Harlem, Manhattan for $6.3 million to Heritage Affordable Communities on June 01, 2022.

• MacQuesten Companies sold 2120 Hughes Avenue, Tremont, Bronx for $8.2 million to Heritage Affordable Communities on September 13, 2021.

• Heritage Affordable Communities borrowed $5.1 million from Greystone & Co. for 2120 Hughes Avenue, Tremont, Bronx on September 13, 2021.

• Heritage Affordable Communities borrowed $7.3 million from Berkadia Commercial Mortgage for 1971 Webster Avenue, Fordham, Bronx on January 25, 2021.

• Alexander Hajibay borrowed $49 million from New York Community Bank for 65 Seaman Avenue, 119-20 Union Turnpike, 144 Sherman Avenue, 40 Arden Street, Inwood, Manhattan on August 11, 2020.