Community Builders
People:
Community Builders NYC portfolio
$154 million -V1 59%, D7 40%; Queens 59%, Bronx 40%*
1149th largest portfolio by dollar value
10,285 sqft – D7 100%; Bronx 100%
6156th largest by SF
2 properties – Bronx 50%, Queens 50%
3653th largest
85 residential units – Bronx 100%
2007th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $115.8 million
Developer (new building or major alteration): 1 for 92,400 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (1), Community Preservation Corporation (1), Webster Bank (1)
Top Ten Associated People:
Olga Friedman (1)
Recent activity as company:
• Community Builders borrowed $68.5 million from Community Preservation Corporation for 726 Bay 32 Street on October 16, 2025.
• Community Builders for Jesse Batus filed plans for new building for 92,400 sqft in Far Rockaway, Queens, on January 28, 2025.
• Community Builders and Thorobird Companies borrowed $47.4 million from Webster Bank for 2066 Grand Concourse on June 27, 2024.
• Community Builders for Jesse Batus filed plans for new building for 66,026 sqft in Morris Heights, Bronx, on November 04, 2022.
• Community Builders borrowed $95.6 million from NYC Housing Development Corporation for 1047 Beach 21 Street on December 20, 2019.
• Community Builders for Seth Myers filed plans for new building for 211,215 sqft in Far Rockaway, Queens, on June 22, 2019.
Latest Stories:
• Community Builders signs $68.4M construction loan for 89 units in Far Rockaway (October 31, 2025)
Properties:
