Nortco Development

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Nortco Development NYC portfolio

$32 million* – elevator 54%, walkup 45%; Manhattan 100%, Bronx 0%

2363th largest portfolio by dollar value

46,000 sqft – walkup 67%, elevator 32%;

2977th largest by SF

4 properties – Manhattan 100%, Bronx 0%

1948th largest

56 residential units – Manhattan 100%, Bronx 0%

2034th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $13 million

Developer (new building or major alteration): 1 for 140,233 square feet

Top Ten Associated Companies:

Bank Hapoalim (1)

Top Ten Associated People:

Judy Barnes (1), Ingo Cruz Pinto (1)

Recent activity as company:

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, 568 Amsterdam Avenue, 570 Amsterdam Avenue, and 572 Amsterdam Avenue, Upper West Side, Manhattan on July 24, 2024.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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