Local Initiatives Support Corporation

28 Liberty Street, Floor 34, New York, NY 10005

lisc.org

People:

Company Activity past 24 months:

Lender company: 9 for $151.5 million

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.

• Harlem Village Academy borrowed $6.9 million from Local Initiatives Support Corporation for 278 Lenox Avenue on February 06, 2026.

• Bridge Street Development Corporation borrowed $8.8 million from NYC Department of Housing Preservation and Development for None on February 02, 2026.

• Aperture Foundation borrowed $13.5 million from Local Initiatives Support Corporation for 101 West 78th Street, Upper West Side, Manhattan on August 22, 2025.

• Asian Americans For Equality borrowed $17 million from Local Initiatives Support Corporation for 345 Ovington Avenue on June 30, 2025.

• 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.

• Aperture Foundation borrowed $8 million from Local Initiatives Support Corporation for 101 West 78th Street, Upper West Side, Manhattan on October 15, 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.

• Novis Living borrowed $31.2 million from Local Initiatives Support Corporation for 204 West 120 Street on May 15, 2024.

• Cypress Hills Local Development Corporation borrowed $14.8 million from Local Initiatives Support Corporation for 2381 Dean Street, 211 Hull Street, 47 Hill Street, 246 Lincoln Avenue, and 1823 Eastern Parkway, Brownsville, Brooklyn on April 30, 2024.

Latest Stories:

• Asian Americans for Equality pays $10.3M for bankrupt 25-unit building in Bay Ridge (June 07, 2024)

• Novis Living signs $31.2M renovation loan for properties in Harlem (May 31, 2024)

• CB-Emmanuel Realty signs $43.2M construction loan to renovate four properties in Harlem (February 27, 2024)

• Joseph Riegler signs $8M renovation loan with LISC for school in East New York (December 21, 2023)

• Joseph Riegler pays $5.4M for school building in East New York (April 26, 2023)

• Courts roundup: State alleges $5M Bay Ridge condo fraud, $5.2M Lenox Hill bankruptcy (November 03, 2022)

• Aperture Foundation pays $8.9M to GTIS Partners for retail condo in Upper West Side (September 26, 2022)

• Charter school pays $14.6M to Edge Property for location in Harlem (September 08, 2022)

• Seventh-day Adventist Church affiliate borrows $14.5M from Dime Community Bank for property in Inwood (July 27, 2020)

• Ariel Sherizen’s Edge Property Group pays $8.1M for property in Central Harlem (November 22, 2019)

Court Records: