Comunilife
People:
Comunilife NYC portfolio
$208.7 million* – industrial 54.0%, elevator 38.0%; Bronx 70.0%, Brooklyn 29.0%
736th largest portfolio by dollar value
140,194 sqft – elevator 66%, specialty 33%;
1552th largest by SF
4 properties – Bronx 50%, Brooklyn 50%
1817th largest
237 residential units – Bronx 62%, Brooklyn 37%
774th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $3.6 million
Seller company: 1 for $8 million
Borrower company: 1 for $51 million
Developer (new building or major alteration): 1 for 60,079 square feet
Top Ten Associated Companies:
Webster Bank (2), JPMorgan Chase (1), Heritage Affordable Communities (1), Cooperman Barnabas Medical Center (1), NYS Homeless Housing and Assistance Corporation (1), NYS Housing Finance Agency (1)
Top Ten Associated People:
Alexander Hajibay (1), Mary Grochowski (1), K. James Dittbrenner (1)
Recent activity as company:
• Comunilife borrowed $51 million from Webster Bank and NYS Homeless Housing and Assistance Corporation for 2444 Tiebout Avenue, Fordham Heights, Bronx on May 15, 2024.
• Cooperman Barnabas Medical Center sold 2444 Tiebout Avenue, Fordham Heights, Bronx for $3.6 million to Comunilife on May 15, 2024.
• Comunilife sold 2130 Crotona Avenue, 950 Jennings Street, and 2111 Hughes Avenue, Belmont/Little Italy, Bronx for $8 million to Heritage Affordable Communities on May 13, 2024.
• Comunilife for Michael O’Donnell filed plans for new building for 60,079 sqft in Bronx, on August 30, 2023.
• Comunilife borrowed $34.6 million from Webster Bank for 171 Throop Avenue, Bedford-Stuyvesant, Brooklyn on December 08, 2022.
• Comunilife borrowed $11.4 million from JPMorgan Chase for 179 Throop Avenue, Brooklyn, Brooklyn on May 14, 2020.
• Comunilife borrowed $59.8 million from NYS Housing Finance Agency for 3401 3rd Avenue, Morrisania, Bronx on January 29, 2020.
Properties: