Jericho Project

245 West 29th Street, Suite 902 New York, NY 10001

People:

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Jericho Project NYC portfolio

$63.4 million -walkup 46%, specialty 38%, industrial 11%; Bronx 61%, Manhattan 38%*

1985th largest portfolio by dollar value

45,060 sqft – walkup 39%, specialty 35%, N2 24%; Bronx 64%, Manhattan 35%

3677th largest by SF

9 properties – Bronx 88%, Manhattan 11%

1210th largest

87 residential units – Bronx 100%

1985th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $10.2 million

Seller company: 1 for $97.7 million

Borrower company: 2 for $33.2 million

Top Ten Associated People:

Daniel J. Lehman (1)

Recent activity as company:

• Jericho Project sold 8 Fountain Avenue, East New York, Brooklyn for $97.7 million to HELP USA on October 09, 2025.

• BNS Real Estate sold 526 Bergen Avenue for $6 million to Jericho Project and Vertical Community Development on June 26, 2025.

• Jericho Project and Vertical Community Development borrowed $14.8 million from Corporation for Supportive Housing for 526 Bergen Avenue on June 26, 2025.

• Michael Malhas sold 421 East 148 Street for $4.2 million to Jericho Project and Vertical Community Development on June 26, 2025.

• Jericho Project borrowed $18.4 million from M&T Bank, NYS Homeless Housing and Assistance Corporation and NYS Housing Finance Agency for 2019 7 Avenue on January 31, 2025.

• NYC Partnership Housing Development Fund ground leased 3200 Atlantic Avenue, East New York, Brooklyn valued at $10.1 million to Jericho Project on June 16, 2022.

• Jericho Project borrowed $20.7 million from Community Preservation Corporation for 1840 Anthony Avenue on October 29, 2021.

Properties:

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