Bowery Residents’ Committee
(Bowery Residents Committee)
Nonprofit
131 W 25th St New York, NY 10001
People:
Bowery Residents’ Committee NYC portfolio
$254.9 million -industrial 75%, walkup 7%, condo 6%; Queens 59%, Manhattan 25%, Bronx 15%*
793th largest portfolio by dollar value
211,301 sqft – walkup 49%, elevator 23%, specialty 12%; Bronx 79%, Manhattan 14%, Queens 5%
1484th largest by SF
8 properties – Bronx 50%, Manhattan 25%, Queens 25%
1248th largest
214 residential units – Bronx 87%, Manhattan 12%
1066th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 3 for $60 million
Borrower company: 5 for $265.2 million
Developer (new building or major alteration): 1 for 70,584 square feet
Top Ten Associated Companies:
Citibank (2), UMB Bank (2), NYC Department of Housing Preservation and Development (1), Nonprofit Finance Fund (1), Corporation for Supportive Housing (1), NYS Dormitory Authority (1)
Top Ten Associated People:
Sarah Leitson (1), Richard Gerwitz (1), Norah McVeigh (1), Frederick W. Clark (1)
Recent activity as company:
• Bowery Residents’ Committee for Lilia Marini-Calves filed plans for new building for 70,584 sqft in Pelham Parkway, Bronx, on March 27, 2026.
• Urban Builders Collaborative sold 38-75 10 Street for $22.2 million to Bowery Residents’ Committee and Urban Builders Collaborative on February 26, 2026.
• Bowery Residents’ Committee and Urban Builders Collaborative borrowed $101.4 million from UMB Bank for 38-75 10 Street on February 01, 2026.
• Camber Property Group and Bowery Residents’ Committee borrowed $12.3 million from Citibank for 18-26 Redfern Avenue, Far Rockaway, Queens on November 14, 2025.
• Neighborhood Restore sold 1179 Walton Avenue for $33.1 million to Bowery Residents’ Committee on September 11, 2025.
• Bowery Residents’ Committee borrowed $139.5 million from Citibank and NYC Department of Housing Preservation and Development for 1179 Walton Avenue on September 11, 2025.
• Bowery Residents’ Committee borrowed $5.4 million from NYS Dormitory Authority for 149 West 132 Street on April 09, 2025.
• Apple Bank sold 636 Pelham Parkway South for $4.7 million to Bowery Residents Committee on February 20, 2025.
• Bowery Residents Committee borrowed $6.5 million from Corporation for Supportive Housing for 636 Pelham Parkway South on February 20, 2025.
• Bowery Residents’ Committee borrowed $43.3 million from UMB Bank for 3972 10 Avenue on May 02, 2023.
Latest Stories:
• Bowery Residents’, Urban Builders borrow $101.4M for shelter construction in LIC (March 05, 2026)
• Bowery Residents Committee pays $4.7M to Apple Bank in Pelham Parkway (February 25, 2025)
• Urban Builders Collaborative files plans for 146-unit LIC family shelter (December 05, 2024)
• Urban Builders Collaborative pays $14M to long-time owner for LIC dev site (April 18, 2024)
• $6.15M Bronx Apple Bank building sale terminated (June 30, 2023)
• Bowery Residents’ Committee signs $43.3M construction loan for shelter in Inwood (May 10, 2023)
• Bowery Residents Committee pays $10.4M for homeless development in Inwood (November 23, 2021)
• Icon Realty Management borrows $28.9M from Bank Leumi for property in Chelsea (September 11, 2020)
Court Records:
Properties: