NYC Department Of Housing Preservation And Development

Government

People:

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NYC Department Of Housing Preservation And Development NYC portfolio

$286.9 million -development 34%, Q0 30%, specialty 21%; Queens 39%, Manhattan 30%, Brooklyn 29%*

737th largest portfolio by dollar value

165,018 sqft – specialty 46%, elevator 34%, walkup 16%; Manhattan 77%, Brooklyn 20%, Queens 2%

1765th largest by SF

81 properties – Queens 49%, Brooklyn 35%, Manhattan 13%

90th largest

95 residential units – Manhattan 65%, Brooklyn 32%, Queens 2%

1838th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Company Activity past 24 months:

Lender company: 27 for $1.1 billion

Top Ten Associated Companies:

SV-B OWNERS LLC (1)

Recent activity as company:

Phipps Houses borrowed $56.8 million from NYC Department of Housing Preservation and Development for 549 East 170 Street on April 30, 2026.

DreamYard Project and Bronx Pro Group borrowed $22.1 million from NYC Department of Housing Preservation and Development for None on April 09, 2026.

Community League of the Heights borrowed $8.6 million from NYC Department of Housing Preservation and Development for 3601 Broadway on February 25, 2026.

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

HELP USA borrowed $11.1 million from NYC Department of Housing Preservation and Development for 1210 Simpson Street, East Morrisania, Bronx on January 23, 2026.

Slate Property Group and Breaking Ground borrowed $295.5 million from Wells Fargo, NYS Housing Finance Agency, NYC Department of Housing Preservation and Development and Low Income Investment Fund for 377 7 Avenue on December 19, 2025.

• Kings Bay Houses borrowed $66.7 million from NYC Department of Housing Preservation and Development for 2965 Avenue Z, 2560 Batchelder Street, 2520 Batchelder Street, and 2540 Batchelder Street, Sheepshead Bay, Brooklyn on December 19, 2025.

Met Council borrowed $13.8 million from NYC Department of Housing Preservation and Development for 363 1 Avenue on December 19, 2025.

Met Council borrowed $18.6 million from NYC Department of Housing Preservation and Development for 332 East 22 Street on December 19, 2025.

SMJ Development borrowed $6.6 million from NYC Department of Housing Preservation and Development for 204 Avenue A on December 11, 2025.

Latest Stories:

• Slate pays $260M to Sioni Group for hotel in Penn Plaza, plans affordable resi conversion (December 30, 2025)

• Bowery Residents’ Committee pays $33.1M to Neighborhood Restore for three properties in Bronx (September 22, 2025)

• Sioni Group signs $143M refi with Valley for 625-unit hotel to resi conversion in Penn Plaza (July 17, 2025)

• Institute for Community Living signs $62.9M construction loan for 103-unit project in Clinton Hill (July 09, 2025)

• Joseph Goldberger pays $13.5M for 24 units in Crown Heights formerly owned by Yoel Goldman, Mordechai Adler (June 17, 2025)

• Sioni Group revises Penn Plaza hotel-to-residential conversion with 625 units (December 09, 2024)

• WHGA signs $63.3M rehab loan with Merchants Bank of Indiana for 27 properties in Harlem (July 17, 2024)

• Georgica Green pays $10.4M to Safehold for Coney Island dev site, gets $165M building loan (July 05, 2024)

• Vaya Development signs $65.6M construction loan for 114-unit project in Mt Hope (April 11, 2024)

• Azimuth signs $68.9M construction loan for 129 units in Melrose (April 11, 2024)

Court Records:

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Properties:

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