Frederick Shack

Urban Pathways

Urban Pathways portfolio

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

$11.9 million – elevator 71%, N9 12%; Manhattan 71%, Bronx 28%

2356th largest portfolio by dollar value

55,900 sqft – elevator 55%, N9 37%;

2669th largest by SF

6 properties – Bronx 83%, Manhattan 16%

151th largest

60 residential units – Manhattan 91%, Bronx 8%

738th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $2.1 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $39.6 million

Lender signatory: 0 for $0

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

Top Ten Associated People:

Steven Westreich (1)

Recent activity as signatory:

• Urban Pathways borrowed $6 million from Leviticus Fund for N/A East 147th Street, 834 East 147th Street, and 836 East 147th Street, Mott Haven, Bronx on May 16, 2024.

• Steven Westreich sold N/A East 147th Street, Mott Haven, Bronx for $2.1 million to Urban Pathways on May 16, 2024.

• Urban Pathways borrowed $33.6 million from Merchants Bank of Indianaand NYS Homeless Housing And Assistance Corporation for 695 East 170th Street and 1405 Boston Road, Morrisania, Bronx on March 13, 2024.

• Urban Pathways borrowed $13.6 million from NYS Dormitory Authority for 459 West 46th Street, Hell’s Kitchen, Manhattan on November 10, 2022.

• Frederick Shack filed plans for new building for 51,687 sqft in Morrisania, Bronx, on June 10, 2022.

• Frederick Shack filed plans for new building for 46,145 sqft in Concourse Village, Bronx, on January 17, 2014.

• Frederick Shack filed plans for new building for 47,916 sqft in Morrisania, Bronx, on March 13, 2012.