The Bridge

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The Bridge NYC portfolio

$290.8 million* – elevator 30.0%, specialty 27.0%; Manhattan 49.0%, Bronx 31.0%

546th largest portfolio by dollar value

545,906 sqft – elevator 43%, condo 29%;

561th largest by SF

20 properties – Manhattan 50%, Brooklyn 30%

448th largest

677 residential units – Brooklyn 44%, Bronx 28%

321th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Company Activity past 24 months:

Buyer company: 2 for $17.8 million

Borrower company: 5 for $107.5 million

Developer (new building or major alteration): 1 for 157,900 square feet

Top Ten Associated Companies:

JPMorgan Chase (2), CPC Mortgage Company (1), NYS Dormitory Authority (1), UMB Bank (1), 125th Street (New York, NY) Contract-Backed Pass-Through Trust (1), NYC Department of Housing Preservation and Development (1), Manhattan Bible Church (1), Webster Bank (1), Leviticus Fund (1), Women In Need (1)

Top Ten Associated People:

Emily Lehman (1), Harry Jones (1), Randy Gruenberg (1), Greg Maher (1), Joseph Memoly (1), Yehuda Cohen (1), Jacob Fulop (1), Dana Greenberg (1)

Recent activity as company:

• The Bridge borrowed $40.8 million from JPMorgan Chase and NYS Homeless Housing and Assistance Corporation for 39 West 128th Street, Harlem, Manhattan on January 15, 2025.

• The Bridge for Taso Vassiliou filed plans for new building for 157,900 sqft in Inwood, Manhattan, on January 02, 2025.

• The Bridge borrowed $12 million from UMB Bank trustee for 2248 Webster Avenue, Belmont/Little Italy, Bronx on August 08, 2024.

• Women In Need sold 2248 Webster Avenue, Belmont/Little Italy, Bronx for $1.9 million to The Bridge on August 08, 2024.

• The Bridge and Radson Development borrowed $19.6 million from Webster Bank and Leviticus Fund for 3816 9th Avenue, Inwood, Manhattan on August 01, 2024.

• Manhattan Bible Church sold 3816 9th Avenue, Inwood, Manhattan for $15.8 million to The Bridge and Radson Development on August 01, 2024.

• The Bridge borrowed $27.7 million from JPMorgan Chase for 1559 Boone Avenue, East Morrisania, Bronx on July 31, 2023.

• The Bridge borrowed $7.4 million from NYC Department of Housing Preservation and Development for 3500 Park Avenue, Morrisania, Bronx on April 18, 2023.

• The Bridge borrowed $11.3 million from UMB Bank and 125th Street (New York, NY) Contract-Backed Pass-Through Trust for 551 West 125th Street, Harlem, Manhattan on September 21, 2022.

• The Bridge borrowed $16 million from NYS Dormitory Authority for 203 West 113thstreet, Harlem, Manhattan on August 22, 2022.