Nortco Development

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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.

Properties:

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