NYS Dormitory Authority

Lender

515 Broadway Albany, NY 12207

People:

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NYS Dormitory Authority NYC portfolio

$404.2 million -specialty 100%; Queens 54%, Bronx 45%*

540th largest portfolio by dollar value

631,953 sqft – specialty 100%; Bronx 53%, Queens 46%

703th largest by SF

2 properties – Bronx 50%, Queens 50%

3555th largest

Company Activity past 24 months:

Lender company: 19 for $702.3 million

Recent activity as company:

Acacia Network borrowed $34.6 million from NYS Dormitory Authority for 171-87 119 Avenue on April 15, 2026.

Argus Community borrowed $34.8 million from NYS Dormitory Authority for None on December 02, 2025.

Odyssey House borrowed $16.9 million from NYS Dormitory Authority for 1264 Lafayette Avenue on November 21, 2025.

American Academy of Dramatic Arts borrowed $32.6 million from NYS Dormitory Authority for 21 East 30 Street on October 16, 2025.

Fountain House borrowed $5.5 million from NYS Dormitory Authority for 359 West 47 Street on September 29, 2025.

Transitional Services For New York borrowed $31.1 million from Dime Community Bank, NYS Homeless Housing and Assistance Corporation and NYS Dormitory Authority for 88-49 163 Street on June 27, 2025.

• Promesa Foundation borrowed $6.5 million from NYS Dormitory Authority for 932 Kelly Street on May 28, 2025.

Bowery Residents’ Committee borrowed $5.4 million from NYS Dormitory Authority for 149 West 132 Street on April 09, 2025.

RiseWell Community Services borrowed $10.7 million from NYS Dormitory Authority for 318 Pennsylvania Avenue, East New York, Brooklyn on March 28, 2025.

Jewish Board of Family and Children’s Services borrowed $13.7 million from NYS Dormitory Authority for 338 East 96 Street on March 27, 2025.

Latest Stories:

• Monadnock filed plans for 402-unit rental in East Flatbush (December 17, 2025)

• Yitzchok Katz signs $96.5M refi with Berkadia for rentals in Long Island City (August 22, 2025)

• TF Cornerstone signs contract with hospital to lease dev sites in Fort Greene, Downtown Brooklyn (August 20, 2025)

• NewYork-Presbyterian signs $186.1M refi for housing in Lenox Hill (April 07, 2025)

• Yitzchok Katz signs $78.4M refi with Affinius for 116 units in LIC (August 22, 2024)

• Pace University signs $140.4M loan for school building in Financial District (July 29, 2024)

• Hawkins Way Capital pays $30M to The New School for dorm in Chelsea (July 19, 2024)

• Monadnock signs $218.7M construction loan for 321-unit project in East Flatbush (December 26, 2023)

• Monadnock pays $26.7M to Brookdale Hospital for dev site in East Flatbush (December 18, 2023)

• Solomon Klein pays $70M to TL Management, Fortis for nursing home building in Bushwick (June 20, 2023)

Properties:

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