Michael O’Donnell

Comunilife

Comunilife portfolio

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

$15.9 million – elevator 48%, specialty 44%; Bronx 52%, Brooklyn 47%

1986th largest portfolio by dollar value

140,194 sqft – elevator 66%, specialty 33%;

1526th largest by SF

4 properties – Bronx 50%, Brooklyn 50%

153th largest

237 residential units – Bronx 62%, Brooklyn 37%

565th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $3.6 million

Seller signatory: 1 for $8 million

Borrower signatory: 1 for $51 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 1 for 60,079 square feet

Top Ten Associated People:

Alexander Hajibay (1), Mary Grochowski (1), K. James Dittbrenner (1)

Recent activity as signatory:

• Comunilife borrowed $51 million from Webster Bankand NYS Homeless Housing and Assistance Corporation for 2444 Tiebout Avenue, Fordham Heights, Bronx on May 15, 2024.

• Cooperman Barnabas Medical Center sold 2444 Tiebout Avenue, Fordham Heights, Bronx for $3.6 million to Comunilife on May 15, 2024.

• Comunilife sold 2130 Crotona Avenue, 950 Jennings Street, and 2111 Hughes Avenue, Belmont/Little Italy, Bronx for $8 million to Heritage Affordable Communities on May 13, 2024.

• Michael O’Donnell filed plans for new building for 60,079 sqft in Bronx, on August 30, 2023.

• Comunilife borrowed $34.6 million from Webster Bank for 171 Throop Avenue, Bedford-Stuyvesant, Brooklyn on December 08, 2022.

• Michael O’Donnell filed plans for new building for 80,892 sqft in Morrisania, Bronx, on April 29, 2019.

• Michael O’Donnell filed plans for new building for 47,628 sqft in West Farms, Bronx, on November 17, 2017.

• Michael O’Donnell filed plans for new building for 45,402 sqft in Bedford Stuyvesant, Brooklyn, on February 21, 2016.