Lemor Development Group

People:

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Lemor Development Group NYC portfolio

$248.6 million -walkup 69%, elevator 18%, development 5%; Manhattan 96%, Bronx 3%*

831th largest portfolio by dollar value

959,126 sqft – walkup 66%, elevator 27%, P5 4%; Manhattan 99%

509th largest by SF

58 properties – Manhattan 98%, Bronx 1%

153th largest

978 residential units – Manhattan 100%

339th largest by residential units

1 foreclosure, 0 bankruptcies, 0 other court cases.

Company Activity past 24 months:

Buyer company: 2 for $112 million

Seller company: 1 for $12.6 million

Borrower company: 2 for $407.7 million

Top Ten Associated People:

Brian Cheigh (1), Alexander Sismanoglou (1)

Recent activity as company:

• Lemor Development Group and Harlem Congregations For Community Improvement borrowed $24.1 million from Local Initiatives Support Corporation for 313 West 112th Street, 109 West 126th Street, 136 West 137th Street, and 142 West 129th Street, Harlem, Manhattan on February 27, 2026.

• Genesis Companies, Community League of the Heights and Lemor Development Group borrowed $383.6 million from NYC Housing Development Corporation and Freddie Mac for 2527 Adam Clayton Powell Jr Boulevard on September 26, 2024.

• New York City Housing Authority ground leased 2527 Adam Clayton Powell Jr Boulevard valued at $105.2 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.

• New York City Housing Authority ground leased Frederick samuel city bldg 48 valued at $6.8 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.

• Lemor Development Group sold 2398 7 Avenue for $12.6 million to Alexander Sismanoglou on April 04, 2024.

• Lemor Development Group borrowed $6 million from Enterprise Community Partners for 2013 Jerome Avenue on December 08, 2021.

• David Haselkorn sold 2013 Jerome Avenue for $4.6 million to Lemor Development Group on December 08, 2021.

• National Equity Fund sold 235 West 140 Street for $15.7 million to Lemor Development Group on December 28, 2020.

• Lemor Development Group borrowed $18.7 million from Walker & Dunlop for None on November 27, 2019.

Court Records:

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Properties:

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