Emily Kurtz
(Emily Karpel Kurtz)
RiseBoro Community Partnership
Developer, Owner
RiseBoro Community Partnership portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$326.2 million – elevator 26%, walkup 26%; Brooklyn 65%, Queens 30%
183th largest portfolio by dollar value
3,180,856 sqft – elevator 33%, D6 33%;
97th largest by SF
129 properties – Brooklyn 95%, Queens 2%
48th largest
3,464 residential units – Brooklyn 60%, Queens 32%
46th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $74.4 million
Seller signatory: 0 for $0
Borrower signatory: 5 for $218.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 194,839 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (5), Webster Bank (2), Merchants Capital (1), McSam Hotel Group (1), NYS Housing Finance Agency (1), Safehold Inc. (1), Rocky Mount Baptist Church (1), Slate Property Group (1), Citizens Bank (1)
Top Ten Associated People:
K. James Dittbrenner (1), Bianca Geary (1), Sam Chang (1), Patrick Love (1), Elisha Blechner (1), James Ellis (1), David Schwartz (1), Ruth Moreira (1), Allen Lamboy (1)
Recent activity as signatory:
• Safehold Inc. sold 2015 Boardwalk West, Coney Island, Brooklyn for $10.4 million to Georgica Green Venturesand RiseBoro Community Partnership on July 03, 2024.
• Slate Property Groupand RiseBoro Community Partnership borrowed $152.4 million from NYC Housing Development Corporationand NYS Housing Finance Agency for 144-02 135th Avenue, South Ozone Park, Queens on January 16, 2024.
• McSam Hotel Group sold 144-02 135th Avenue, South Ozone Park, Queens for $64 million to Slate Property Groupand RiseBoro Community Partnership on January 16, 2024.
• RiseBoro Community Partnership borrowed $22 million from Webster Bank for 272 Jefferson Street, 63 Stockholm Street, and 332 Eldert Street, Bushwick, Brooklyn on January 05, 2024.
• RiseBoro Community Partnership borrowed $12.4 million from Merchants Capital for 85 East 233rd Street and 63 East 233rd Street, Woodlawn Heights, Bronx on September 13, 2023.
• RiseBoro Community Partnership borrowed $6.8 million from NYC Housing Development Corporation for 37-41 Hillside Avenue, Washington Heights, Manhattan on June 26, 2023.
• Emily Kurtz filed plans for major alteration for 194,839 sqft in South Ozone Park, Queens, on May 18, 2023.
• RiseBoro Community Partnership borrowed $24.7 million from Citizens Bank for 160 Bleecker Street, 113-115 Linden Street, 109-111 Linden Street, 301 Harman Street, 230 Moffat Street, and others, Bushwick, Brooklyn on May 15, 2023.
• RiseBoro Community Partnership borrowed $40 million from Webster Bank for 604 East 40th Street and 594 East 40th Street, East Flatbush, Brooklyn on September 26, 2022.
• RiseBoro Community Partnership borrowed $72.3 million from NYC Housing Development Corporation for 100 Throop Avenue, Williamsburg, Brooklyn on July 22, 2022.