Nortco Development
People:
Nortco Development NYC portfolio
$112.2 million -elevator 71%, condo 15%, walkup 13%; Manhattan 100%*
1516th largest portfolio by dollar value
76,661 sqft – walkup 40%, condo 39%, elevator 19%; Manhattan 100%
2880th largest by SF
5 properties – Manhattan 100%
2002th largest
55 residential units – Manhattan 100%
2607th largest by residential units
Company Activity past 24 months:
Borrower company: 3 for $160 million
Developer (new building or major alteration): 1 for 140,233 square feet
Top Ten Associated Companies:
Bank Hapoalim (2), Preferred Bank (1)
Top Ten Associated People:
Nick Wang (1), Judy Barnes (1), Ingo Cruz Pinto (1), Ilana Druyan (1), David Kesselman (1)
Recent activity as company:
• Nortco Development borrowed $13 million from Preferred Bank for 11 Hancock Place, Harlem, Manhattan on December 05, 2025.
• Nortco Development borrowed $134 million from Bank Hapoalim for 574 Amsterdam Avenue on March 28, 2025.
• Nortco Development for Frank Ortiz filed plans for new building for 140,233 sqft in Upper West Side, Manhattan, on September 10, 2024.
• Nortco Development borrowed $13 million from Bank Hapoalim for 574 Amsterdam Avenue on July 17, 2024.
Latest Stories:
• Nortco Development signs $134M construction loan on Upper West Side (April 07, 2025)
• Nortco Development files plans for 37-unit building on UWS (September 16, 2024)
Properties:
