Alexander Hajibay
Principal
Heritage Realty
(Heritage Realty LLC, Heritage Affordable Communities, Heritage Realty)
Owner
619 W 54th St #10A New York, NY 10019
6 East 45th Street New York NY 10017
Heritage Realty|Heritage Affordable Communities NYC portfolio
$117.3 million -walkup 40%, elevator 35%, specialty 18%; Manhattan 48%, Bronx 45%, Queens 5%*
1364th largest portfolio by dollar value
735,034 sqft – elevator 54%, walkup 37%, specialty 4%; Bronx 53%, Manhattan 38%, Queens 7%
624th largest by SF
23 properties – Manhattan 69%, Bronx 26%, Queens 4%
447th largest
849 residential units – Bronx 55%, Manhattan 37%, Queens 6%
387th largest by residential units
4 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $8 million
Borrower signatory: 2 for $30.7 million
Top Ten Associated Companies:
NYC Housing Development Corporation (2), New York Community Bank (1), Greystone & Co. (1), MacQuesten Companies (1), Comunilife (1), Berkadia Commercial Mortgage (1), Richard Olson (1), NYD Department of Housing Preservation and Development (1), Customers Bank (1)
Top Ten Associated People:
Ruth Moreira (1), Rella Fogliano (1), Michael O’Donnell (1), Emma Robinson (1), Richard Olson (1), Sandra Peart (1)
Recent activity as signatory:
• Heritage Affordable Communities borrowed $14.5 million from NYD Department of Housing Preservation and Development and Customers Bank for 2013 5 Avenue on December 19, 2025.
• Heritage Affordable Communities borrowed $16.2 million from NYC Housing Development Corporation for 1450 Clay Avenue on April 25, 2025.
• Comunilife sold 2136 Crotona Avenue for $8 million to Heritage Affordable Communities on May 08, 2024.
• Heritage Affordable Communities borrowed $7.3 million from NYC Housing Development Corporation for 246 West 116 Street on May 11, 2022.
• Richard Olson sold 246 West 116 Street for $6.3 million to Heritage Affordable Communities on May 11, 2022.
• Heritage Affordable Communities borrowed $5.1 million from Greystone & Co. for 2117 Belmont Avenue on August 26, 2021.
• MacQuesten Companies sold 2117 Belmont Avenue for $8.2 million to Heritage Affordable Communities on August 26, 2021.
• Heritage Affordable Communities borrowed $7.3 million from Berkadia Commercial Mortgage for 1973 Webster Avenue on December 30, 2020.
• Alexander Hajibay borrowed $49 million from New York Community Bank for 699 Academy Street on August 03, 2020.
Latest Stories:
• Heritage Affordable Communities pays $8M for three Bronx rentals (May 14, 2024)
• Heritage Affordable Communities pays $6.3M for residential elevator in Harlem (June 02, 2022)
• Heritage Affordable pays $8.2M to MacQuesten Properties for rental in Tremont (September 14, 2021)
Court Records: