Richman Group

777 Putnam Avenue Greenwich, CT 06830

therichmangroup.com

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Richman Group NYC portfolio

$492.9 million -condo 42%, P5 37%, V1 19%; Manhattan 80%, Bronx 19%*

448th largest portfolio by dollar value

397,546 sqft – condo 96%, P5 2%; Manhattan 99%

991th largest by SF

3 properties – Manhattan 90%, Bronx 10%

2653th largest

404 residential units – Manhattan 100%

691th largest by residential units

Company Activity past 24 months:

Seller company: 2 for $19.1 million

Borrower company: 2 for $211.3 million

Top Ten Associated Companies:

NYC Housing Development Corporation (2), Number One Single Room Occupancy HDFC (1), Lantern Organization (1), St. Nicks Alliance (1), Phipps Houses (1), Bronx United In Leveraging Dollars (1), NYS Housing Finance Agency (1), NYS Homeless Housing and Assistance Corporation (1), JPMorgan Chase (1)

Top Ten Associated People:

John McDonald (1), Sharmi Sobhan (1), Ruth Moreira (1)

Recent activity as company:

• Richman Group, Grand Street Guild, Roman Catholic Church and Archdiocese of New York borrowed $137.3 million from NYC Housing Development Corporation for 131 REAR Broome Street on June 18, 2025.

• Richman Group sold 2855 Southern Boulevard for $13.9 million to Bronx United In Leveraging Dollars on December 27, 2024.

• Richman Group sold 85 Bushwick Avenue for $5.2 million to St. Nicks Alliance on December 26, 2024.

• WellLife Network and Richman Group borrowed $74 million from NYS Housing Finance Agency, NYS Homeless Housing and Assistance Corporation and JPMorgan Chase for 3663 White Plains Road on October 24, 2024.

• Richman Group and U.S.A. Institutional Tax Credit Fund XXXIX L.P. sold 1853 Bathgate Avenue for $14.1 million to Lantern Organization on December 27, 2023.

• Richman Group borrowed $120.1 million from NYC Housing Development Corporation for 201 East 125th Street, 201 East 125th Street, 201 East 125th Street, 201 East 125th Street, 201 East 125th Street, and others, East Harlem, Manhattan on October 20, 2023.

• Richman Group sold 305-311 Bowery, East Village, Manhattan for $5.7 million to Phipps Houses on January 01, 2023.

• Richman Group sold 223 East 117 Street for $6.1 million to Number One Single Room Occupancy HDFC on March 10, 2022.

• Richman Group for Matthew Iacopetta filed plans for new building for 423,119 sqft in East Harlem, Manhattan, on December 01, 2017.