Karim Hutson

Genesis Companies

Owner

745 Fifth Avenue, Suite 500 New York Ny 10151

LinkedIn

Genesis Companies portfolio

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

$132.2 million – walkup 75%, elevator 15%; Manhattan 100%, Bronx 0%

422th largest portfolio by dollar value

1,183,840 sqft – walkup 79%, elevator 16%;

284th largest by SF

81 properties – Manhattan 100%, Bronx 0%

80th largest

1,242 residential units – Manhattan 100%, Bronx 0%

178th largest by residential units

Person Activity past 24 months:

Buyer signatory: 2 for $112 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $414 million

Lender signatory: 0 for $0

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

Top Ten Associated People:

Jonathan Gouveia (2), Brian Cheigh (1)

Recent activity as signatory:

• 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.

• Genesis Companiesand Community League of the Heightsand Lemor Development Group borrowed $383.6 million from NYC Housing Development Corporationand Freddie Mac for 164 West 147th Street, 2441 Adam C Powell Jr Blvd, 2453 Adam C Powell Jr Blvd, 2449 Adam C Powell Jr Blvd, 131 West 143rd Street, and others, Harlem, Manhattan 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.

• Genesis Companies borrowed $30.4 million from Community Preservation Corporation for 384 Manhattan Avenue, 357 West 115th Street, and 494 Manhattan Avenue, Harlem, Manhattan on January 12, 2023.