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
$211.3 million -walkup 81%, elevator 14%, P5 3%; Manhattan 99%*
935th largest portfolio by dollar value
772,206 sqft – walkup 83%, elevator 10%, P5 5%; Manhattan 100%
599th largest by SF
47 properties – Manhattan 100%
198th largest
834 residential units – Manhattan 100%
395th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $129.8 million
Borrower company: 2 for $392.2 million
Top Ten Associated Companies:
NYC Housing Development Corporation (1), Freddie Mac (1), Local Initiatives Support Corporation (1), NYC Department of Housing Preservation and Development (1)
Top Ten Associated People:
Brian Cheigh (1), Barbara Libove (1), Stephen Erdman (1)
Recent activity as company:
• Neighborhood Restore sold 3601 Broadway for $17.8 million to Community League of the Heights on February 25, 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.
• 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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