RiseBoro Community Partnership
People:
RiseBoro Community Partnership NYC portfolio
$2.2 billion -D6 29%, development 20%, industrial 17%; Queens 54%, Brooklyn 44%*
102th largest portfolio by dollar value
3,651,549 sqft – D6 39%, elevator 31%, walkup 14%; Brooklyn 60%, Queens 34%, Manhattan 3%
120th largest by SF
127 properties – Brooklyn 94%, Queens 3%, Bronx 1%
43th largest
4,295 residential units – Brooklyn 60%, Queens 33%, Manhattan 3%
60th largest by residential units
0 foreclosures, 0 bankruptcies, 87 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $28.2 million
Borrower company: 2 for $419.8 million
Top Ten Associated Companies:
NYC Housing Development Corporation (7), Webster Bank (2), NYS Housing Finance Agency (2), Merchants Capital (1), NYC Department of Housing Preservation and Development (1), Citizens Bank (1), Fortis Property Group (1), Sterling National Bank (1)
Top Ten Associated People:
Bianca Geary (1), Russell Hubley (1), Patrick Love (1), Lauren Connors (1), K. James Dittbrenner (1), Allen Lamboy (1)
Recent activity as company:
• BRP Companies and RiseBoro Community Partnership borrowed $254.7 million from NYC Housing Development Corporation for 163-29 Archer Avenue on December 30, 2025.
• Services for the Underserved and L+M Development Partners sold Schroeders avenue for $17.8 million to RiseBoro Community Partnership and L+M Development Partners on December 20, 2024.
• Safehold Inc. sold West 21 street for $10.4 million to Georgica Green Ventures and RiseBoro Community Partnership on June 25, 2024.
• Georgica Green Ventures and RiseBoro Community Partnership borrowed $165.1 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for West 21 street on June 25, 2024.
• RiseBoro Community Partnership borrowed $22 million from Webster Bank for 272 Jefferson Street on December 20, 2023.
• Slate Property Group and RiseBoro Community Partnership borrowed $152.4 million from NYC Housing Development Corporation and NYS Housing Finance Agency for 143-06 135 Avenue on December 14, 2023.
• McSam Hotel Group sold 143-06 135 Avenue for $64 million to Slate Property Group and RiseBoro Community Partnership on December 14, 2023.
• RiseBoro Community Partnership borrowed $12.4 million from Merchants Capital for 75 East 233 Street on August 31, 2023.
• RiseBoro Community Partnership borrowed $6.8 million from NYC Housing Development Corporation for None on June 20, 2023.
• RiseBoro Community Partnership borrowed $24.7 million from Citizens Bank for 160 Bleecker Street on May 01, 2023.
Latest Stories:
• BRP Companies files plans for 400-unit building in Jamaica (December 12, 2024)
• RiseBoro signs $24.7M rehab loan for six properties in Bushwick (May 16, 2023)
• iStar files plans for 282-unit building in Coney Island (November 02, 2022)
Court Records:
Properties: