Eric Rosenbaum
President
Ceo
Project Renewal
Owner
Project Renewal NYC portfolio
$479.4 million -N9 27%, N2 26%, specialty 22%; Manhattan 57%, Brooklyn 24%, Bronx 18%*
461th largest portfolio by dollar value
309,084 sqft – N9 48%, elevator 15%, specialty 13%; Manhattan 75%, Brooklyn 13%, Bronx 11%
1178th largest by SF
10 properties – Manhattan 70%, Bronx 20%, Brooklyn 10%
1031th largest
360 residential units – Manhattan 53%, Bronx 46%
763th largest by residential units
Top Ten Associated Companies:
NYS Dormitory Authority (2), City of New York (2), GFP Real Estate (1), Manhattan Community Access (1), Wells Fargo (1), NYC Housing Development Corporation (1), New Providence (Shelter) Deal ID No. 50008926 (1), NYS Housing Finance Agency (1), NYS Homeless Housing and Assistance Corporation (1), UMB Bank (1)
Top Ten Associated People:
Brian Steinwurtzel (1), Dan Coughlin (1), J. Brent Allen (1), Julie M. Behrens (1), Jill Fullmer (1)
Recent activity as signatory:
• Monadnock Development and Project Renewal borrowed $102.9 million from NYC Housing Development Corporation and New Providence (Shelter) Deal ID No. 50008926 for 225 East 45 Street on December 21, 2023.
• Project Renewal borrowed $6.8 million from NYS Dormitory Authority for 450 West 48 Street on August 17, 2023.
• GFP Real Estate sold 200 Varick Street, Hudson Square, Manhattan for $12.5 million to Project Renewal on May 01, 2023.
• Project Renewal borrowed $87.5 million from UMB Bank and Prudential Financial for 288 Jackson Street, East Williamsburg, Brooklyn on December 16, 2022.
• Project Renewal borrowed $61.9 million from NYS Housing Finance Agency, City of New York and NYS Homeless Housing and Assistance Corporation for 2880 Jerome Avenue on October 19, 2022.
• Project Renewal borrowed $5.1 million from NYS Dormitory Authority for 942 Tinton Avenue on May 05, 2022.
• Manhattan Community Access sold 541 West 59 Street for $19.3 million to Project Renewal on February 17, 2022.
• Project Renewal borrowed $75 million from Wells Fargo for 541 West 59 Street on February 17, 2022.
• Project Renewal borrowed $6.4 million from City of New York for 650 St Nicholas Avenue on December 03, 2020.
• Eric Rosenbaum filed plans for new building for 148,002 sqft in Bedford Park, Bronx, on June 28, 2019.
Latest Stories:
• Monadnock, Project Renewal sign $102.9M construction loan in Grand Central (January 29, 2024)
• Project Renewal pays $12.5M to GFP for office condo in Hudson Square (May 10, 2023)
• Nonprofit files plans for 21-story shelter in Grand Central (April 05, 2023)