Christopher Lacovara
Community Access
Owner
Community Access portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$21.1 million – M1 51.0%, elevator 42.0%; Manhattan 51.0%, Bronx 43.0%
1657th largest portfolio by dollar value
166,435 sqft – elevator 93%, M1 6%;
1363th largest by SF
18 properties – Bronx 83%, Manhattan 11%
139th largest
426 residential units – Bronx 97%, Brooklyn 2%
418th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 6 for $75 million
Seller signatory: 2 for $6.8 million
Borrower signatory: 3 for $73.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 275,540 square feet
Top Ten Associated Companies:
Roman Catholic Church (3), Roman Catholic Church of Saint Brigid and Saint Emeric (3), NYC Department of Housing Preservation and Development (2), Bellwether Enterprise (1), NYS Housing Finance Agency (1), Fatin Salhut (1), Mohammad Salhut (1), Louis Guarascio (1), Robert Guarascio (1), Radame Jose Perez (1)
Top Ten Associated People:
Kerry LaBotz (2), Kevin Nelan (2), Dana Greenberg (1), Fatin Salhut (1), Mohammad Salhut (1), Robert Guarascio (1), Radame Jose Perez (1), Christopher Lacovara (1), Eli S. Weiss (1)
Recent activity as signatory:
• Community Access sold 904 Dekalb Avenue, Bedford Stuyvesant, Brooklyn for $2 million to Community Access on September 13, 2024.
• Spatial Equity Co.and Community Access borrowed $44.2 million from Corporation for Supportive Housing for 181 Avenue D, Alphabet City, Manhattan on August 20, 2024.
• Roman Catholic Churchand Roman Catholic Church of Saint Brigid and Saint Emeric sold 181 Avenue D, Alphabet City, Manhattan for $35 million to Spatial Equity Co.and Community Access on August 20, 2024.
• Spatial Equity Co.and Community Access borrowed $23 million from Roman Catholic Churchand Roman Catholic Church of Saint Brigid and Saint Emeric for 733 East 12th Street, Alphabet City, Manhattan on August 06, 2024.
• Roman Catholic Churchand Roman Catholic Church of Saint Brigid and Saint Emeric sold 733 East 12th Street, Alphabet City, Manhattan for $23 million to Spatial Equity Co.and Community Access on August 06, 2024.
• Community Access sold 1169 River Avenue, Concourse, Bronx for $4.8 million to Joy Construction Groupand Maddd Equities on July 15, 2024.
• Louis Guarascioand Robert Guarascio sold 521 East Tremont Avenue, 513 East Tremont Avenue, and 1904 Bathgate Avenue, Tremont, Bronx for $8.2 million to Mega Contracting Group on May 03, 2024.
• Radame Jose Perez sold 4223 3rd Avenue, Tremont, Bronx for $2.8 million to Mega Contracting Group on May 03, 2024.
• Christopher Lacovara filed plans for new building for 275,540 sqft in Concourse, Bronx, on May 15, 2023.
• Fatin Salhutand Mohammad Salhut sold 200 East Tremont Avenue, Mt Hope, Bronx for $4 million to Maddd Equities on February 08, 2023.