Juan Ramos
Executive Director
Southside United H.D.F.C.
(Los Sures)
Owner
Southside United H.D.F.C. portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$58.3 million – elevator 44%, walkup 36%; Brooklyn 100%, Manhattan 0%
834th largest portfolio by dollar value
552,838 sqft – elevator 46%, walkup 38%;
547th largest by SF
25 properties – Brooklyn 100%, Manhattan 0%
132th largest
613 residential units – Brooklyn 100%, Manhattan 0%
324th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $45.2 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
NYC Department of Housing Preservation and Development (2), Harout Nalbandian (1)
Top Ten Associated People:
Harout Nalbandian (1), Kerry LaBotz (1)
Recent activity as signatory:
• Southside United H.D.F.C. borrowed $25.5 million from NYC Department of Housing Preservation and Development for 60 North 8th Street, 479 Van Buren Street, 73 South 9th Street, 300 Bedford Avenue, 27 Beaver Street, and others, Williamsburg, Brooklyn on August 20, 2024.
• Southside United H.D.F.C. borrowed $19.7 million from NYC Department of Housing Preservation and Development for 201 South 4th Street, 258-262 Grand Street, 743-747 Driggs Avenue, 188 South 2nd Street, 184 South 2nd Street, and others, Williamsburg, Brooklyn on July 30, 2024.
• Southside United H.D.F.C. sold 233 South 3rd Street, Williamsburg, Brooklyn for $3.2 million to Harout Nalbandian on December 15, 2022.