Christopher Lacovara

Chief Financial Officer And General Counsel

Community Access

Owner

To see contact information you need a Professional level subscription

Subscribe ($125/month)

Community Access NYC portfolio

$210.3 million* – development 45.0%, M1 42.0%; Bronx 56.0%, Manhattan 42.0%

717th largest portfolio by dollar value

166,435 sqft – elevator 93%, M1 6%;

1380th largest by SF

18 properties – Bronx 83%, Manhattan 11%

494th largest

426 residential units – Bronx 97%, Brooklyn 2%

487th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 6 for $75 million

Seller signatory: 2 for $6.8 million

Borrower signatory: 2 for $67.2 million

Developer (new building or major alteration): 13 for 275,540 square feet

Top Ten Associated Companies:

Roman Catholic Church (3), Roman Catholic Church of Saint Brigid and Saint Emeric (3), NYC Department of Housing Preservation and Development (2), Bellwether Enterprise (1), NYS Housing Finance Agency (1), Fatin Salhut (1), Mohammad Salhut (1), Louis Guarascio (1), Robert Guarascio (1), Radame Jose Perez (1)

Top Ten Associated People:

Kerry LaBotz (2), Kevin Nelan (2), Dana Greenberg (1), Fatin Salhut (1), Mohammad Salhut (1), Robert Guarascio (1), Radame Jose Perez (1), Christopher Lacovara (1), Eli S. Weiss (1)

Recent activity as company:

Community Access sold 904 Dekalb Avenue, Bedford Stuyvesant, Brooklyn for $2 million to Community Access on September 13, 2024.

Spatial Equity Co. and Community Access borrowed $44.2 million from Corporation for Supportive Housing for 181 Avenue D, Alphabet City, Manhattan on August 20, 2024.

Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric sold 181 Avenue D, Alphabet City, Manhattan for $35 million to Spatial Equity Co. and Community Access on August 20, 2024.

Spatial Equity Co. and Community Access borrowed $23 million from Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric for 733 East 12th Street, Alphabet City, Manhattan on August 06, 2024.

Roman Catholic Church and Roman Catholic Church of Saint Brigid and Saint Emeric sold 733 East 12th Street, Alphabet City, Manhattan for $23 million to Spatial Equity Co. and Community Access on August 06, 2024.

Community Access sold 1169 River Avenue, Concourse, Bronx for $4.8 million to Joy Construction Group and Maddd Equities on July 15, 2024.

• Louis Guarascio and Robert Guarascio sold 521 East Tremont Avenue, 513 East Tremont Avenue, and 1904 Bathgate Avenue, Tremont, Bronx for $8.2 million to Mega Contracting Group on May 03, 2024.

Radame Jose Perez sold 4223 3rd Avenue, Tremont, Bronx for $2.8 million to Mega Contracting Group on May 03, 2024.

Christopher Lacovara filed plans for new building for 275,540 sqft in Concourse, Bronx, on May 15, 2023.

• Fatin Salhut and Mohammad Salhut sold 200 East Tremont Avenue, Mt Hope, Bronx for $4 million to Maddd Equities on February 08, 2023.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

Leave a Reply