Fazeela Siddiqui
Settlement Housing Fund
Owner
Settlement Housing Fund NYC portfolio
$956.1 million* – elevator 39.0%, walkup 33.0%; Bronx 48.0%, Queens 23.0%
187th largest portfolio by dollar value
2,439,171 sqft – elevator 54%, walkup 20%;
139th largest by SF
42 properties – Bronx 52%, Brooklyn 30%
173th largest
2,278 residential units – Bronx 46%, Queens 28%
101th largest by residential units
Top Ten Associated Companies:
Spencer Equity Group (2), Neighborhood Restore Housing Development Fund Corporation (2), Community Preservation Corporation (1), JPMorgan Chase (1), TD Bank (1), Lewis Henkind (1), K&R Preservation (1), Systima Capital Management (1), Walker & Dunlop (1)
Top Ten Associated People:
Joel Gluck (2), Salvatore D’Avola (2), Matthew Schatz (1), Lewis Henkind (1), Brian Raddock (1), Nancy E. Sexton (1)
Recent activity as signatory:
• Wavecrest Management and Settlement Housing Fund borrowed $10.9 million from JPMorgan Chase for 1350 Bedford Avenue, Crown Heights, Brooklyn on March 01, 2023.
• Lewis Henkind sold 1350 Bedford Avenue, Crown Heights, Brooklyn for $18 million to Wavecrest Management and Settlement Housing Fund on March 01, 2023.
• Gilbane Development and Settlement Housing Fund borrowed $74 million from Systima Capital Management for 280 East 161st Street, 1105 Jerome Avenue, 2363 Southern Boulevard, 101 East 165th Street, 103 East 165th Street, and others, Concourse Village, Bronx on January 09, 2023.
• Camber Property Group and Settlement Housing Fund borrowed $18.3 million from Walker & Dunlop for 2105 Daly Avenue, West Farms, Bronx on January 05, 2023.
• K&R Preservation sold 2105 Daly Avenue, West Farms, Bronx for $25.4 million to Camber Property Group and Settlement Housing Fund on January 05, 2023.
• Spencer Equity Group sold N/A Concourse Village Ea, Concourse Village, Bronx for $27.1 million to Gilbane Development on December 27, 2022.
• Spencer Equity Group sold 2363 Southern Boulevard, Belmont/Little Italy, Bronx for $8.2 million to Gilbane Development on December 23, 2022.
• Settlement Housing Fund borrowed $79.3 million from Community Preservation Corporation for 690 East 182nd Street, 1466 Grand Concourse, 1415 Wythe Place, 751 East 187th Street, and 737 East 187th Street, Belmont/Little Italy, Bronx on October 17, 2022.
• Neighborhood Restore Housing Development Fund Corporation sold 690 East 182nd Street, Belmont/Little Italy, Bronx for $13.6 million to Settlement Housing Fund on October 17, 2022.
• Neighborhood Restore Housing Development Fund Corporation sold 1466 Grand Concourse, 751 East 187th Street, and 737 East 187th Street, Claremont Village, Bronx for $32.6 million to Settlement Housing Fund on October 17, 2022.
Latest Stories:
• Gilbane Development plans 266-unit shelter in Concourse Village (December 29, 2023)
• Joel Gluck borrows $27.6M from Berkadia for property in Bronx (January 05, 2021)