Nathaniel Fields
(Nathaniel M. Fields)
Ceo
Urban Resource Institute
Owner
Urban Resource Institute portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$16.1 million – elevator 38.0%, development 28.0%; Manhattan 48.0%, Brooklyn 38.0%
1972th largest portfolio by dollar value
82,730 sqft – N2 47%, elevator 37%;
2139th largest by SF
8 properties – Manhattan 50%, Bronx 37%
149th largest
291 residential units – Bronx 76%, Manhattan 12%
516th largest by residential units
Person Activity past 24 months:
Buyer signatory: 6 for $97 million
Seller signatory: 0 for $0
Borrower signatory: 7 for $201.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
UMB Bank (2), Migdol Organization (2), KeyBank (2), Jonathan Faust (2), Michael Faust (2), Jonathan Feigenbaum (2), 951 Olmstead Avenue Contract-Backed Pass-Through Trust (1), Heights Advisors (1), TD Bank (1), Enterprise Community Partners (1)
Top Ten Associated People:
Aaron Migdol (2), Jonathan Feigenbaum (2), Neal Lazar (1), Charles Wise (1), Howard M. Brickner (1)
Recent activity as signatory:
• Urban Resource Institute borrowed $13 million from Enterprise Community Partners for 487 West 129th Street, Harlem, Manhattan on June 21, 2024.
• Jonathan Faustand Michael Faustand Jonathan Feigenbaum sold 487 West 129th Street, Harlem, Manhattan for $10 million to Urban Resource Institute on June 21, 2024.
• Urban Resource Institute borrowed $13.3 million from KeyBank for 478 West 130th Street, Harlem, Manhattan on June 21, 2024.
• Jonathan Faustand Michael Faustand Jonathan Feigenbaum sold 478 West 130th Street, Harlem, Manhattan for $15.9 million to Urban Resource Institute on June 21, 2024.
• Urban Resource Institute borrowed $15.2 million from TD Bank for 1317 New York Avenue, East Flatbush, Brooklyn on May 29, 2024.
• Heights Advisors sold 1317 New York Avenue, East Flatbush, Brooklyn for $16.8 million to Urban Resource Institute on May 29, 2024.
• Urban Resource Institute borrowed $72.7 million from 951 Olmstead Avenue Contract-Backed Pass-Through Trust for 951 Olmstead Avenue and N/A Bruckner Expressway, Unionport, Bronx on March 22, 2024.
• Urban Resource Institute borrowed $32.1 million from UMB Bank for 2250 Adam C Powell Blvd and 2332 Adam C Powell Blvd, Harlem, Manhattan on February 08, 2024.
• Urban Resource Institute borrowed $26.4 million from KeyBank for 2250 Adam C Powell Blvd and 2332 Adam C Powell Blvd, Harlem, Manhattan on November 02, 2023.
• Migdol Organization sold 2332 Adam C Powell Blvd, Harlem, Manhattan for $14.6 million to Urban Resource Institute on October 31, 2023.
Latest Stories:
• Urban Resource Institute pays $25.9M for vacant lots in Harlem June 24, 2024
• Urban Resource Institute pays $16.8M for 34-unit apartment in East Flatbush May 30, 2024
• Urban Resource pays Heights Advisors $64M for new building, dev site, in Unionport March 14, 2024
• Urban Resource Institute signs $32.1M loan for two properties in Harlem February 09, 2024