Carole Gordon
The Bridge
The Bridge NYC portfolio
$290.8 million* – elevator 30%, specialty 27%, industrial 12%; Manhattan 49%, Bronx 31%, Brooklyn 18%
572th largest portfolio by dollar value
545,906 sqft – elevator 43%, condo 29%, walkup 8%;
586th largest by SF
20 properties – Manhattan 50%, Brooklyn 30%, Bronx 20%
458th largest
743 residential units – Brooklyn 40%, Bronx 34%, Manhattan 24%
335th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 2 for $17.8 million
Borrower signatory: 3 for $88.1 million
Top Ten Associated Companies:
JPMorgan Chase (2), Community Preservation Corporation (1), NYS Dormitory Authority (1), NYS Homeless Housing and Assistance Corporation (1), Bridge New York (1), NYC Department of Housing Preservation and Development (1), Jacob Fulop (1), Women In Need (1), Webster Bank (1), Leviticus Fund (1)
Top Ten Associated People:
Dana Greenberg (2), Emily Lehman (1), Jacob Fulop (1), Joseph Memoly (1), Greg Maher (1), Harry Jones (1), Randy Gruenberg (1), Yehuda Cohen (1)
Recent activity as signatory:
• The Bridge borrowed $40.8 million from JPMorgan Chase and NYS Homeless Housing and Assistance Corporation for 39 West 128th Street, Harlem, Manhattan on December 18, 2024.
• Women In Need sold 2248 Webster Avenue, Belmont/Little Italy, Bronx for $1.9 million to The Bridge on July 30, 2024.
• The Bridge and Radson Development borrowed $19.6 million from Webster Bank and Leviticus Fund for 3816 9th Avenue, Inwood, Manhattan on July 30, 2024.
• Manhattan Bible Church sold 3816 9th Avenue, Inwood, Manhattan for $15.8 million to The Bridge and Radson Development on July 30, 2024.
• The Bridge borrowed $27.7 million from JPMorgan Chase for 1559 Boone Avenue, East Morrisania, Bronx on June 28, 2023.
• The Bridge borrowed $7.4 million from NYC Department of Housing Preservation and Development for 3500 Park Avenue, Morrisania, Bronx on April 14, 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 09, 2022.
• The Bridge borrowed $16 million from NYS Dormitory Authority for 203 West 113thstreet, Harlem, Manhattan on August 12, 2022.
• The Bridge borrowed $22 million from CPC Mortgage Company for 1228 Washington Avenue, Morrisania, Bronx on June 29, 2022.
• The Bridge sold 631 East 6th Street, Alphabet City, Manhattan for $5.2 million to Jacob Fulop on June 16, 2022.
Latest Stories:
• The Bridge signs $40.8M construction loan for 91-unit project in Harlem (January 16, 2025)
• The Bridge, Radson pay $15.8M for 189-unit dev site in Inwood (August 02, 2024)
• The Bridge signs $27.7M construction loan for 66-unit project in East Morrisania (August 01, 2023)
• Jacob Fulop pays $5.2M to The Bridge for 10-unit walkup in Alphabet City (July 05, 2022)
• The Bridge pays $13M to family of Miriam Cohen for property in Morrisania (December 03, 2020)
• The Bridge borrows $11M from CPC for rental in Morrisania (December 03, 2020)
• TCO issued for 115-units of supportive housing in Morrisania (October 19, 2020)