Community League of the Heights
(Cloth159)
511 W 157th St, New York, NY 10032
500 W 159th St, New York, NY 10032
People:
Community League of the Heights NYC portfolio
$489.1 million -elevator 62%, walkup 35%, P5 1%; Bronx 56%, Manhattan 43%*
452th largest portfolio by dollar value
1,398,920 sqft – elevator 50%, walkup 46%, P5 3%; Manhattan 55%, Bronx 44%
352th largest by SF
50 properties – Manhattan 94%, Bronx 6%
182th largest
1,518 residential units – Manhattan 54%, Bronx 45%
219th largest by residential units
Company Activity past 24 months:
Buyer company: 4 for $135.4 million
Borrower company: 3 for $654.5 million
Top Ten Associated Companies:
NYC Department of Housing Preservation and Development (2), Local Initiatives Support Corporation (1), NYC Housing Development Corporation (1), Freddie Mac (1), Wells Fargo (1)
Top Ten Associated People:
Barbara Libove (1), Stephen Erdman (1), Brian Cheigh (1), Erick Navarro (1)
Recent activity as company:
• New York City Housing Authority ground leased 694 East 149 Street valued at $5.6 million to Community League of the Heights, Mega Contracting Group and Brisa Builders on May 08, 2026.
• Community League of the Heights, Mega Contracting Group and Brisa Builders borrowed $262.3 million from Wells Fargo and NYC Department of Housing Preservation and Development for 694 East 149 Street on May 08, 2026.
• Community League of the Heights borrowed $8.6 million from NYC Department of Housing Preservation and Development for 3601 Broadway on February 25, 2026.
• Neighborhood Restore sold 3601 Broadway for $17.8 million to Community League of the Heights on February 25, 2026.
• Genesis Companies, Community League of the Heights and Lemor Development Group borrowed $383.6 million from NYC Housing Development Corporation and Freddie Mac for 2527 Adam Clayton Powell Jr Boulevard on September 26, 2024.
• New York City Housing Authority ground leased 2527 Adam Clayton Powell Jr Boulevard valued at $105.2 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.
• New York City Housing Authority ground leased Frederick samuel city bldg 48 valued at $6.8 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.
• Community League of the Heights borrowed $7.7 million from Local Initiatives Support Corporation for 1996 Amsterdam Avenue on December 15, 2022.
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