North River Company
People:
North River Company NYC portfolio
$67.5 million -office 51%, industrial 48%; Queens 100%*
1880th largest portfolio by dollar value
262,156 sqft – office 53%, industrial 46%; Queens 100%
1305th largest by SF
2 properties – Queens 100%
3697th largest
Company Activity past 24 months:
Buyer company: 1 for $34.5 million
Top Ten Associated Companies:
Fortress Investment Group (1), United Bank (1)
Top Ten Associated People:
Timothy J. McMachen (1)
Recent activity as company:
• Alexandria Real Estate Equities sold 48-30 30 Place for $34.5 million to North River Company on December 19, 2025.
• North River Company borrowed $24.8 million from United Bank for 48-29 33 Street on December 22, 2021.
• Fortress Investment Group on July 30, 2020 bought a loan with an original principal of $40.4 million from Granite Point Mortgage Trust, secured by 48-85 35 Street, when owned by North River Company.
Properties:
