Infinite Horizons
142-05 Rockaway Blvd, Jamaica NY 11436
People:
Infinite Horizons NYC portfolio
$641.7 million -elevator 90%, D4 4%, development 3%; Bronx 93%, Manhattan 6%*
357th largest portfolio by dollar value
983,781 sqft – elevator 89%, D4 4%, walkup 3%; Bronx 89%, Manhattan 10%
494th largest by SF
7 properties – Manhattan 71%, Bronx 28%
1422th largest
1,021 residential units – Bronx 88%, Manhattan 11%
327th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $162.2 million
Borrower company: 1 for $435 million
Developer (new building or major alteration): 1 for 150,869 square feet
Top Ten Associated Companies:
Webster Bank (1), U.S. Bank (1), Merchants Capital (1), NYC Housing Development Corporation (1), New York City Housing Authority (1)
Top Ten Associated People:
Glenn P. Lunde (1), Francesca Hidalgo-Wohlleben (1), Blanca Geary (1), Jonathan Gouveia (1), Brian Cheigh (1)
Recent activity as company:
• MDG Design + Construction, Wavecrest Management and Infinite Horizons borrowed $435 million from Merchants Capital, NYC Housing Development Corporation and New York City Housing Authority for 1201 Adee Avenue on March 27, 2025.
• New York City Housing Authority ground leased 1201 Adee Avenue valued at $162.2 million to MDG Design + Construction, Wavecrest Management and Infinite Horizons on March 27, 2025.
• Infinite Horizons for Randall Powell filed plans for new building for 150,869 sqft in Harlem, Manhattan, on November 12, 2024.
• Infinite Horizons borrowed $52.3 million from Webster Bank for 109 West 141 Street on December 21, 2023.
• Infinite Horizons borrowed $16.9 million from U.S. Bank for 782 Courtlandt Avenue on November 03, 2023.
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