Jonathan Gouveia
New York City Housing Authority
New York City Housing Authority portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$11.5 billion – elevator 95.0%, walkup 3.0%; Manhattan 50.0%, Brooklyn 25.0%
4th largest portfolio by dollar value
135,386,032 sqft – elevator 96.0%, walkup 3.0%;
2th largest by SF
562 properties – Brooklyn 32%, Manhattan 30%
6th largest
162,365 residential units – Manhattan 32.0%, Bronx 30.0%
1th largest by residential units
0 foreclosures, 0 bankruptcies, 6 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 8 for $358.5 million
Borrower signatory: 0 for $0
Lender signatory: 2 for $51 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Grid Group (2), Cityscapes Realty (2), Pennrose (2), Genesis Companies (2), Community League of the Heights (2), Lemor Development Group (2), L+M Development Partners (1), NYS Housing Finance Agency (1), Dantes Partners (1), Camber Property Group (1)
Top Ten Associated People:
Spyridon Papakonstadinou (2), Yiannes Einhorn (2), Timothy I. Henkel (2), Karim Hutson (2), Yvonne Stennett (2), Jed Resnick (1), Andrew Lebwohl (1), Omabuwa Binitie (1), Rick Gropper (1), Jeffrey Goldberg (1)
Recent activity as signatory:
• New York City Housing Authority sold 159 Alaska Street, Port Richmond, Staten Island for $34 million to BFC Partners on December 30, 2024.
• New York City Housing Authority sold 107 West 143rd Street and 111 West 143rd Street, Harlem, Manhattan for $6.8 million to Genesis Companiesand Community League of the Heightsand Lemor Development Group on October 15, 2024.
• New York City Housing Authority sold 2537 Adam C Powell Blvd, 2441 Adam C Powell Blvd, 2453 Adam C Powell Blvd, 2449 Adam C Powell Blvd, 131 West 143rd Street, and others, Harlem, Manhattan for $105.2 million to Genesis Companiesand Community League of the Heightsand Lemor Development Group on October 15, 2024.
• New York City Housing Authority sold 3475 Bivona Street, 3550 Bivona Street, 2440-2456 Boston Road, and 3031-3035 Middletown Road, Eastchester, Bronx for $34.3 million to Beacon Communitiesand MBD Community Housing on October 07, 2024.
• Pennrose borrowed $29.9 million from New York City Housing Authority for 333 Central Avenue, 1240 Gates Avenue, 200 Palmetto Street, 269 Central Avenue, 87 Palmetto Street, and others, Bushwick, Brooklyn on March 08, 2024.
• Pennrose borrowed $21.1 million from New York City Housing Authority for 235 Linden Street, 357 Wilson Avenue, 333 Wilson Avenue, 580 Central Avenue, 690 Evergreen Avenue, and others, Bushwick, Brooklyn on March 07, 2024.
• New York City Housing Authority sold 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn for $23.3 million to BRP Companiesand Fairsteadand Urbane on December 14, 2023.
• New York City Housing Authority sold 1134 Union Avenue, 813 East 163rd Street, 611 East 158th Street, 820 Hewitt Place, 1094 Union Avenue, and others, Morrisania, Bronx for $137.6 million to Arker Companiesand New York City Housing Authority on October 12, 2023.
• New York City Housing Authority sold N/A East 229th Street and N/A Laconia Avenue, Edenwald, Bronx for $14.8 million to Camber Property Group on July 07, 2023.
• New York City Housing Authority sold 1901 Amsterdam Avenue, 1970 Amsterdam Avenue, and 1941 Amsterdam Avenue, Harlem, Manhattan for $2.6 million to Dantes Partners on January 19, 2023.