NYC Housing Partnership
253 West 35th Street, Third Floor New York, NY 10001
People:
NYC Housing Partnership NYC portfolio
$581 million -elevator 60%, walkup 21%, industrial 16%; Brooklyn 40%, Bronx 37%, Manhattan 21%*
437th largest portfolio by dollar value
1,818,557 sqft – elevator 68%, walkup 30%; Brooklyn 65%, Manhattan 26%, Bronx 8%
292th largest by SF
45 properties – Brooklyn 57%, Manhattan 33%, Bronx 8%
228th largest
2,025 residential units – Brooklyn 56%, Manhattan 24%, Bronx 18%
180th largest by residential units
Company Activity past 24 months:
Buyer company: 2 for $5.2 million
Seller company: 1 for $6.4 million
Borrower company: 10 for $261.1 million
Top Ten Associated Companies:
Community Preservation Corporation (6), SunTrust Bank (2), JPMorgan Chase (2), Yechiel Newhouse (1), Rockrose Development (1), Berkadia Commercial Mortgage (1), Leviticus Fund (1), Customers Bank (1), Briarwood Organization (1), Jobe Development (1)
Top Ten Associated People:
Robert Riggs (6), Jennifer Smith (2), B. David Schreiber (1), Amy Jesperger (1), Greg Maher (1), Karl Seus (1), John J. Heaney III (1)
Recent activity as company:
• Cedarbridge Management and NYC Housing Partnership borrowed $145.7 million from Customers Bank for 3115 Aurelia Court on July 01, 2026.
• 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 $7.7 million from JPMorgan Chase for 934 Amsterdam Avenue on November 20, 2025.
• NYC Housing Partnership and Aaron Jungreis borrowed $8.3 million from JPMorgan Chase for 17 West 107 Street 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 $11.5 million from Community Preservation Corporation for 1407 St Nicholas Avenue on August 27, 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 $7 million from Community Preservation Corporation for 2376 Amsterdam Avenue on August 27, 2025.
• Prana Investments and NYC Housing Partnership borrowed $5.1 million from Community Preservation Corporation for 525 West 212 Street on August 27, 2025.
Latest Stories:
• Briarwood, Fulcrum pay $6.4M for affordable project in Bedford Stuyvesant (February 19, 2026)
• 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)
• Signature Bank files $16M pre-foreclosure against Sugar Hill Capital Partners (November 11, 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)
Properties: