Bolivar Development
People:
Bolivar Development NYC portfolio
$156.4 million -development 47%, specialty 30%, elevator 21%; Bronx 52%, Manhattan 47%*
1133th largest portfolio by dollar value
297,032 sqft – elevator 100%; Bronx 100%
1196th largest by SF
9 properties – Bronx 90%, Manhattan 9%
1146th largest
296 residential units – Bronx 100%
858th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Seller company: 2 for $35.5 million
Borrower company: 3 for $120.6 million
Top Ten Associated Companies:
East West Bank (1), M&T Bank (1), Shorewood Real Estate Group (1), Spencer An (1), Deutsche Bank (1), ACMH (1), JLL (1), Customers Bank (1)
Top Ten Associated People:
Sanford Lau (1), S. Lawrence Davis (1), David Addison (1), Daniel Eisenberg (1), Daniel K. Johansson (1), Rhonda D. Peare (1), Gregory Fantauzzi (1)
Recent activity as company:
• Bolivar Development borrowed $31.8 million from JLL for 1430 Jesup Avenue on April 22, 2026.
• Bolivar Development borrowed $36 million from Customers Bank for 1450 Cromwell Avenue on February 20, 2026.
• Bolivar Development borrowed $52.8 million from Deutsche Bank for 1006 Westchester Avenue, 1008 Westchester Avenue, 1016 Fox Street, 1016 Fox Street, and 1016 Fox Street, Longwood, Bronx on June 06, 2025.
• Bolivar Development sold 370 Grand Concourse for $28.5 million to Shorewood Real Estate Group and Spencer An on December 12, 2024.
• Bolivar Development sold 3041 Webster Avenue for $7 million to ACMH on October 30, 2024.
• Bolivar Development borrowed $56 million from East West Bank for None on March 28, 2024.
• Sophia Bishkoff sold None for $16 million to Bolivar Development on March 01, 2021.
• Bolivar Development borrowed $10 million from M&T Bank for None on March 01, 2021.
Latest Stories:
• Bogopa, Shorewood sign $28.5M refi with PCCP for 304-unit dev site in Mott Haven (March 10, 2026)
• Shorewood, Spencer An pay $28.5M for dev site in Mott Haven (December 31, 2024)
• Nonprofit ACMH pays $7M to Peter Fine for dev site in Norwood (November 13, 2024)
• Atlantic Development signs $30.4M construction loan with M&T Bank in Mt Eden (January 07, 2022)
• Peter Fine pays $21.2M for dev site in Mott Haven (December 10, 2021)
• Peter Fine’s Bolivar Development pays $16M for land for school in Inwood (March 17, 2021)
• Bolivar Development borrows $10M from M&T Bank to buy property in Inwood (March 17, 2021)
Court Records:
Properties: