Joint Ownership Entity New York City
People:
Joint Ownership Entity New York City NYC portfolio
$85.4 million -walkup 83%, mixed-use 8%, C6 4%; Brooklyn 46%, Bronx 31%, Manhattan 21%*
1649th largest portfolio by dollar value
265,816 sqft – walkup 90%, mixed-use 4%, C3 2%; Manhattan 42%, Brooklyn 36%, Bronx 21%
1295th largest by SF
23 properties – Brooklyn 52%, Manhattan 39%, Bronx 8%
448th largest
302 residential units – Manhattan 39%, Brooklyn 35%, Bronx 25%
847th largest by residential units
Company Activity past 24 months:
Borrower company: 2 for $36.1 million
Top Ten Associated Companies:
Local Initiatives Support Corporation (2), Low Income Investment Fund (1), NYC Housing Development Corporation (1)
Recent activity as company:
• Joint Ownership Entity New York City borrowed $18.4 million from Local Initiatives Support Corporation for 231 5th Avenue, 130 29th Street, 257 3rd Avenue, 115 Columbia Street, 4707 4th Avenue, and others, Park Slope, Brooklyn on December 20, 2024.
• Fifth Avenue Committee and Joint Ownership Entity New York City borrowed $17.7 million from Local Initiatives Support Corporation for 130 29 Street on June 28, 2024.
• Joint Ownership Entity New York City borrowed $31.4 million from Low Income Investment Fund for 801 Bryant Avenue on June 29, 2023.
• Parodneck Foundation and Joint Ownership Entity New York City borrowed $10.5 million from NYC Housing Development Corporation for 107 Morningside Avenue on June 30, 2022.
Properties: