NYC Department Of Housing Preservation And Development

(NYC Department Of Housing Preservation & Development, New York City Department Of Housing Preservation And Development, HPD)

Government|Lender

100 Gold Street, New York, NY 10038

People:

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NYC Department Of Housing Preservation And Development NYC portfolio

$559.4 million -walkup 42%, development 18%, Q0 15%; Manhattan 58%, Queens 20%, Brooklyn 19%*

452th largest portfolio by dollar value

1,176,173 sqft – walkup 71%, elevator 21%, specialty 6%; Manhattan 88%, Brooklyn 7%, Bronx 3%

464th largest by SF

150 properties – Manhattan 44%, Queens 26%, Brooklyn 25%

31th largest

1,297 residential units – Manhattan 86%, Brooklyn 9%, Bronx 4%

303th largest by residential units

0 foreclosures, 0 bankruptcies, 5 other court cases.

Company Activity past 24 months:

Lender company: 28 for $1.3 billion

Top Ten Associated Companies:

SV-B OWNERS LLC (1)

Recent activity as company:

• St. James Towers cooperative borrowed $15.6 million from NYC Department of Housing Preservation and Development for 21 St James Place, Clinton Hill, Brooklyn on June 30, 2026.

Foxy Management and HANAC borrowed $80.4 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1016 Beach 19 Street on June 30, 2026.

• Narragansett HDFC borrowed $29.4 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 2510 Broadway on June 25, 2026.

Phipps Houses borrowed $21.4 million from Low Income Investment Fund and NYC Department of Housing Preservation and Development for 1987 Daly Avenue on May 21, 2026.

Community League of the Heights, Mega Contracting Group and Brisa Builders borrowed $262.3 million from Wells Fargo and NYC Department of Housing Preservation and Development for 694 East 149 Street on May 08, 2026.

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.

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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