Emily Kurtz
(Emily Karpel Kurtz)
RiseBoro Community Partnership
Developer, Owner
RiseBoro Community Partnership NYC portfolio
$2.2 billion -D6 29%, development 20%, industrial 17%; Queens 54%, Brooklyn 44%*
102th largest portfolio by dollar value
3,651,549 sqft – D6 39%, elevator 31%, walkup 14%; Brooklyn 60%, Queens 34%, Manhattan 3%
120th largest by SF
127 properties – Brooklyn 94%, Queens 3%, Bronx 1%
43th largest
4,295 residential units – Brooklyn 60%, Queens 33%, Manhattan 3%
60th largest by residential units
0 foreclosures, 0 bankruptcies, 87 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $28.2 million
Seller signatory: 1 for $17.8 million
Developer (new building or major alteration): 14 for 0 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (5), Webster Bank (2), Merchants Capital (1), Slate Property Group (1), Rocky Mount Baptist Church (1), NYS Housing Finance Agency (1), RiseBoro Community Partnership (1), L+M Development Partners (1), McSam Hotel Group (1), Safehold Inc. (1)
Top Ten Associated People:
Bianca Geary (1), David Schwartz (1), James Ellis (1), Patrick Love (1), Spencer Orkus (1), Emily Kurtz (1), Ruth Moreira (1), Sam Chang (1), Elisha Blechner (1), K. James Dittbrenner (1)
Recent activity as signatory:
• Services for the Underserved and L+M Development Partners sold Schroeders avenue for $17.8 million to RiseBoro Community Partnership and L+M Development Partners on December 20, 2024.
• Safehold Inc. sold West 21 street for $10.4 million to Georgica Green Ventures and RiseBoro Community Partnership on June 25, 2024.
• RiseBoro Community Partnership borrowed $22 million from Webster Bank for 272 Jefferson Street on December 20, 2023.
• Slate Property Group and RiseBoro Community Partnership borrowed $152.4 million from NYC Housing Development Corporation and NYS Housing Finance Agency for 143-06 135 Avenue on December 14, 2023.
• McSam Hotel Group sold 143-06 135 Avenue for $64 million to Slate Property Group and RiseBoro Community Partnership on December 14, 2023.
• RiseBoro Community Partnership borrowed $12.4 million from Merchants Capital for 75 East 233 Street on August 31, 2023.
• RiseBoro Community Partnership borrowed $6.8 million from NYC Housing Development Corporation for None on June 20, 2023.
• RiseBoro Community Partnership borrowed $24.7 million from Citizens Bank for 160 Bleecker Street on May 01, 2023.
• RiseBoro Community Partnership borrowed $40 million from Webster Bank for 594 East 40 Street on September 19, 2022.
• RiseBoro Community Partnership borrowed $72.3 million from NYC Housing Development Corporation for 63 Bartlett Street on June 30, 2022.