HELP USA
115 East 13th Street New York, NY 10003
People:
HELP USA NYC portfolio
$590.3 million -industrial 31%, condo 26%, specialty 16%; Brooklyn 52%, Bronx 45%, Manhattan 1%*
380th largest portfolio by dollar value
369,435 sqft – elevator 46%, D7 20%, condo 16%; Bronx 50%, Manhattan 29%, Brooklyn 20%
1034th largest by SF
11 properties – Bronx 50%, Brooklyn 41%, Manhattan 8%
906th largest
393 residential units – Bronx 46%, Brooklyn 29%, Manhattan 24%
714th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $97.7 million
Borrower company: 4 for $152.2 million
Developer (new building or major alteration): 1 for 77,785 square feet
Top Ten Associated Companies:
Bank of New York Mellon (3), NYC Department of Housing Preservation and Development (2), Citibank (1), NYC Housing Development Corporation (1), CPC Mortgage Company (1), Sterling National Bank (1), 1298 Inwood Avenue Contract-Backed Pass-Through Trust (1), TD Bank (1), Community Preservation Corporation (1)
Top Ten Associated People:
Ted Lee (1), Sarah Leitson (1)
Recent activity as company:
• HELP USA for David Cleghorn filed plans for major alteration for 77,785 sqft in East New York, Brooklyn, on April 24, 2026.
• HELP USA borrowed $11.1 million from NYC Department of Housing Preservation and Development for 1210 Simpson Street, East Morrisania, Bronx on January 23, 2026.
• Jericho Project sold 8 Fountain Avenue, East New York, Brooklyn for $97.7 million to HELP USA on October 09, 2025.
• Hudson Companies and HELP USA borrowed $96.8 million from Citibank for 8 Fountain Avenue, East New York, Brooklyn on October 09, 2025.
• HELP USA borrowed $22.6 million from Bank of New York Mellon for 314 Hinsdale Street on May 30, 2024.
• HELP USA borrowed $21.7 million from Bank of New York Mellon for 314 Hinsdale Street on May 30, 2024.
• Abraham Podolok sold 1298 Inwood Avenue for $17 million to HELP USA on September 08, 2023.
• HELP USA borrowed $141.3 million from 1298 Inwood Avenue Contract-Backed Pass-Through Trust for 1298 Inwood Avenue on September 07, 2023.
• HELP USA for David Cleghorn filed plans for new building for 61,922 sqft in Brooklyn, on August 24, 2023.
• HELP USA borrowed $22.7 million from TD Bank for N/A Prospect Place, None, Brooklyn on May 24, 2023.
Latest Stories:
• HELP USA pays $17M for 195-unit shelter in Mt Eden (September 22, 2023)
• HELP USA files plans for 51-unit project in East New York (September 06, 2023)
• Court Square Real Estate files plans for 195-unit homeless shelter in Mt. Eden (October 14, 2022)
• HELP USA signs $51.9M construction loan with the city for Bronx rentals (July 30, 2021)
• Help USA fully permitted for 72-unit affordable building in Morrisania (September 21, 2020)
• City files plans for 184-unit affordable rental in Brownsville (August 19, 2020)
Properties: