NYC Housing Partnership
253 West 35th Street, Third Floor New York, NY 10001
People:
NYC Housing Partnership NYC portfolio
$382.2 million -elevator 56%, industrial 24%, walkup 16%; Bronx 57%, Manhattan 23%, Brooklyn 19%*
572th largest portfolio by dollar value
697,296 sqft – elevator 64%, walkup 32%, industrial 1%; Manhattan 43%, Brooklyn 34%, Bronx 21%
652th largest by SF
18 properties – Manhattan 61%, Bronx 22%, Brooklyn 16%
550th largest
947 residential units – Bronx 39%, Manhattan 33%, Brooklyn 27%
346th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $12.4 million
Seller company: 1 for $6.4 million
Borrower company: 10 for $122.7 million
Top Ten Associated Companies:
Community Preservation Corporation (6), JPMorgan Chase (2), SunTrust Bank (2), Yechiel Newhouse (1), Rockrose Development (1), Berkadia Commercial Mortgage (1), Leviticus Fund (1), Briarwood Organization (1), Jobe Development (1), Fulcrum Properties + Architecture (1)
Top Ten Associated People:
Robert Riggs (6), Jennifer Smith (2), B. David Schreiber (1), Amy Jesperger (1), Greg Maher (1), John J. Heaney III (1)
Recent activity as company:
• NYC Housing Partnership sold 18 Suydam Place for $6.4 million to Briarwood Organization, Jobe Development and Fulcrum Properties + Architecture on February 06, 2026.
• NYC Housing Partnership and Aaron Jungreis borrowed $8.3 million from JPMorgan Chase for 17 West 107 Street on November 20, 2025.
• NYC Housing Partnership and Aaron Jungreis borrowed $7.7 million from JPMorgan Chase for 934 Amsterdam Avenue on November 20, 2025.
• David Elvin sold 851 East 170 Street for $3.1 million to NYC Housing Partnership on September 25, 2025.
• David Elvin sold 1416 Stebbins Avenue for $2 million to NYC Housing Partnership on September 25, 2025.
• Prana Investments and NYC Housing Partnership borrowed $5.8 million from Community Preservation Corporation for 36 Sickles Street on August 27, 2025.
• Prana Investments and NYC Housing Partnership borrowed $11.1 million from Community Preservation Corporation for 1398 St Nicholas Avenue on August 27, 2025.
• Prana Investments and NYC Housing Partnership borrowed $10.4 million from Community Preservation Corporation for 1384 St Nicholas Avenue on August 27, 2025.
• Prana Investments and NYC Housing Partnership borrowed $11.5 million from Community Preservation Corporation for 1407 St Nicholas Avenue on August 27, 2025.
• Prana Investments and NYC Housing Partnership borrowed $7 million from Community Preservation Corporation for 2376 Amsterdam Avenue on August 27, 2025.
Latest Stories:
• Affordable developer James Equities pays $7.2M for former dorm in East Flatbush (June 12, 2024)
• Permit issued for 153-unit affordable project in Tremont (November 14, 2022)
• Kuafu files plans for 113-unit building in East Morrisania (September 16, 2022)
• Yechiel Newhouse pays $43M to NYC Housing Partnership for rental in Unionport (December 06, 2021)
• All Year sells Crown Heights rentals for $22.1M to affordable housing venture (July 28, 2021)
• Starrett borrows $31M from Capital One for property in Bronx (December 22, 2020)
• Joshua Siegel files plans for a 101K sf residential building in Bronx (May 08, 2020)
Properties: