David Cleghorn

HELP USA

HELP USA portfolio

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

$34.5 million – elevator 58.0%, condo 27.0%; Manhattan 47.0%, Bronx 47.0%

1203th largest portfolio by dollar value

369,435 sqft – elevator 46%, D7 20%;

760th largest by SF

10 properties – Bronx 50%, Brooklyn 40%

147th largest

393 residential units – Bronx 46%, Brooklyn 29%

438th largest by residential units

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 2 for $44.4 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 61,922 square feet

Top Ten Associated People:

Salvatore D’Avola (1)

Recent activity as signatory:

HELP USA borrowed $21.7 million from Bank of New York Mellon for N/A Hinsdale Street, East New York, Brooklyn on July 09, 2024.

David Cleghorn filed plans for new building for 61,922 sqft in Brooklyn, on August 24, 2023.

HELP USA borrowed $22.7 million from TD Bank for N/A Prospect Place, None, Brooklyn on June 12, 2023.

HELP USA borrowed $11.1 million from Community Preservation Corporation for 771-775 Crotona Park North and 771-775 Crotona Park North, East Morrisania, Bronx on July 19, 2022.

HELP USA borrowed $73.4 million from NYC Housing Development Corporation for 273 Snediker Avenue, East New York, Brooklyn on February 04, 2022.

HELP USA borrowed $51.9 million from NYC Department of Housing Preservation and Development for 1058 Teller Avenue, 3034 Holland Avenue, 3042 Holland Avenue, 3046 Holland Avenue, and 1233 White Plains Road, Longwood Melrose, Bronx on July 29, 2021.

• Neighborhood Restore HDFC sold 1058 Teller Avenue, 3034 Holland Avenue, 3042 Holland Avenue, 3046 Holland Avenue, and 1233 White Plains Road, Longwood Melrose, Bronx for $25 million to HELP USA on July 29, 2021.

HELP USA borrowed $27.4 million from Sterling National Bank for 1210 Simpson Street, Morrisania, Bronx on November 09, 2020.

David Cleghorn filed plans for new building for 58,547 sqft in East New York, Brooklyn, on November 16, 2015.

David Cleghorn filed plans for new building for 25,716 sqft in Highbridge, Bronx, on April 20, 2015.

Latest Stories:

• HELP USA files plans for 51-unit project in East New York September 06, 2023

• HELP USA signs $73.4M construction loan for 184-unit development in East New York February 07, 2022

• HELP USA signs $51.9M construction loan with the city for Bronx rentals July 30, 2021

• HELP USA obtains $27.4M construction loan from Sterling National for 72-unit project in Morrisania November 10, 2020

• Help USA fully permitted for 72-unit affordable building in Morrisania September 21, 2020

• Neighborhood Restore files plans for $4.1M in rehabs of two Bronx resi buildings September 16, 2020

• City files plans for 184-unit affordable rental in Brownsville August 19, 2020

• New York City Department of Housing Preservation and Development files plans for a 71-unit, 40K sf residential building in Brooklyn May 01, 2020

• HPD files plans for a 71-unit rental building in East New York April 29, 2020