Chaim Nortman
Nortco Development
Owner
Nortco Development NYC portfolio
$141.1 million -elevator 71%, condo 18%, walkup 10%; Manhattan 100%*
1302th largest portfolio by dollar value
133,275 sqft – condo 51%, elevator 25%, walkup 23%; Manhattan 100%
2094th largest by SF
6 properties – Manhattan 100%
1751th largest
103 residential units – Manhattan 100%
1852th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $26 million
Top Ten Associated Companies:
Bank Hapoalim (2), Preferred Bank (1), Northwind Group (1)
Top Ten Associated People:
Nick Wang (1), Judy Barnes (1), Ingo Cruz Pinto (1)
Recent activity as signatory:
• Nortco Development borrowed $13 million from Preferred Bank for 11 Hancock Place, Harlem, Manhattan on December 05, 2025.
• Nortco Development borrowed $13 million from Bank Hapoalim for 574 Amsterdam Avenue on July 17, 2024.
• Chaim Nortman borrowed $43.1 million from Bank Hapoalim for 11 Hancock Place, 11 Hancock Place, 11 Hancock Place, 11 Hancock Place, 11 Hancock Place, and others, Harlem, Manhattan on November 03, 2021.
• Chaim Nortman borrowed $15.5 million from Northwind Group for None on October 28, 2021.
Latest Stories:
• Nortco Development signs $134M construction loan on Upper West Side (April 07, 2025)
• Nortco Development files plans for 37-unit building on UWS (September 16, 2024)
• Ron Nortman borrows $15.5M from Popular Bank for newly completed 8-unit in LES (October 08, 2020)
