Radson Development
People:
Radson Development NYC portfolio
$462.6 million -development 59%, elevator 34%, specialty 5%; Bronx 42%, Brooklyn 35%, Queens 15%*
473th largest portfolio by dollar value
262,885 sqft – elevator 92%, specialty 7%; Brooklyn 65%, Queens 27%, Manhattan 7%
1292th largest by SF
8 properties – Bronx 37%, Brooklyn 25%, Queens 25%
1248th largest
568 residential units – Brooklyn 55%, Queens 44%
527th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $15.8 million
Borrower company: 1 for $19.6 million
Developer (new building or major alteration): 1 for 309,145 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (4), Paceline Equity Partners (1), Webster Bank (1), Leviticus Fund (1), Yechiel Newhouse (1), Ponce Bank (1)
Top Ten Associated People:
Kyle Volluz (1), Ruth Moreira (1), Greg Maher (1), Yechiel Newhouse (1), Carlos P. Naudon (1)
Recent activity as company:
• Radson Development for Daniel Rad filed plans for new building for 309,145 sqft in Brownsville, Brooklyn, on April 17, 2025.
• The Bridge and Radson Development borrowed $19.6 million from Webster Bank and Leviticus Fund for 3828 9 Avenue on July 30, 2024.
• Manhattan Bible Church sold 3828 9 Avenue for $15.8 million to The Bridge and Radson Development on July 30, 2024.
• Arker Companies, Radson Development and Maddd Equities sold 950 Westchester Avenue and 950 Westchester Avenue, Longwood, Bronx for $8.6 million to Yechiel Newhouse on September 29, 2023.
• Radson Development sold 39-11 29 Street for $34.5 million to Paceline Equity Partners on July 20, 2023.
• Radson Development borrowed $147.9 million from NYC Housing Development Corporation for 722 East 241 Street on June 22, 2023.
• Enclave Equities sold 722 East 241 Street for $22.4 million to Radson Development on June 22, 2023.
• Radson Development for Dan Rad filed plans for new building for 97,286 sqft in East Morrisania, Bronx, on June 22, 2022.
• Radson Development borrowed $25 million from Ponce Bank for 39-11 29 Street on June 07, 2022.
• Radson Development borrowed $58.9 million from NYC Housing Development Corporation for 316 Amber Street on December 22, 2021.
Latest Stories:
• The Bridge, Radson pay $15.8M for 189-unit dev site in Inwood (August 02, 2024)
• Paceline Equity pays $34.5M to Radson Development for LIC hotel (July 28, 2023)
• Radson Development signs $25M refi with Ponce Bank for LIC hotel (June 30, 2022)
• Radson Development borrows $65.7M from NYC for development in East New York (January 13, 2021)
• Hp Cornaga Commons I Housing Dev. Fund Co., Inc. paid $6M to Abe Rosenthal LLC (August 08, 2019)
• Radroc LLC obtained financing of $7M from New York City Acquisition Fund LLC (August 08, 2019)
Court Records:
Properties: