Vaya Development

People:

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Vaya Development NYC portfolio

$343.6 million -elevator 92%, retail 4%, industrial 2%; Manhattan 92%, Queens 4%, Bronx 2%*

639th largest portfolio by dollar value

1,182,471 sqft – elevator 97%, retail 1%; Manhattan 97%, Queens 1%

428th largest by SF

13 properties – Manhattan 69%, Bronx 15%, Queens 15%

797th largest

1,009 residential units – Manhattan 88%, Bronx 11%

338th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $3.2 million

Borrower company: 2 for $500.8 million

Developer (new building or major alteration): 1 for 290,561 square feet

Top Ten Associated People:

Baaba Halm (1), Bianca Geary (1), Brian Cheigh (1)

Recent activity as company:

• Vaya Development for Melissa Bindra filed plans for new building for 290,561 sqft in Jamaica, Queens, on April 06, 2026.

• Vaya Development borrowed $483.3 million from Merchants Capital, New York City Housing Authority and NYC Housing Development Corporation for Corsi houses on December 18, 2025.

• New York City Housing Authority ground leased Corsi houses valued at $3.2 million to Vaya Development on December 18, 2025.

• Vaya Development and Comunilife borrowed $17.6 million from Enterprise Community Partners for 164-04 Jamaica Avenue on April 09, 2025.

• Vaya Development and Steven Chera sold 1940 Jerome Avenue for $7.4 million to Vaya Development on March 27, 2024.

• Vaya Development borrowed $65.6 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1940 Jerome Avenue on March 27, 2024.

• Steven Chera and Vaya Development borrowed $7.8 million from Enterprise Community Partners for 1940 Jerome Avenue on August 11, 2022.

Properties:

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