Frederick Shack

Urban Pathways

Urban Pathways NYC portfolio

$74 million* – N9 60.0%, elevator 24.0%; Bronx 75.0%, Manhattan 24.0%

1430th largest portfolio by dollar value

55,900 sqft – elevator 55%, N9 37%;

2693th largest by SF

6 properties – Bronx 83%, Manhattan 16%

1328th largest

60 residential units – Manhattan 91%, Bronx 8%

1942th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $2.1 million

Borrower signatory: 2 for $39.6 million

Top Ten Associated People:

Steven Westreich (1)

Recent activity as company:

Urban Pathways borrowed $6 million from Leviticus Fund for N/A East 147th Street, 834 East 147th Street, and 836 East 147th Street, Mott Haven, Bronx on May 16, 2024.

Steven Westreich sold N/A East 147th Street, Mott Haven, Bronx for $2.1 million to Urban Pathways on May 16, 2024.

Urban Pathways borrowed $33.6 million from Merchants Bank of Indiana and NYS Homeless Housing And Assistance Corporation for 695 East 170th Street and 1405 Boston Road, Morrisania, Bronx on March 13, 2024.

Urban Pathways borrowed $13.6 million from NYS Dormitory Authority for 459 West 46th Street, Hell’s Kitchen, Manhattan on November 10, 2022.

Frederick Shack filed plans for new building for 46,145 sqft in Concourse Village, Bronx, on January 17, 2014.

Frederick Shack filed plans for new building for 47,916 sqft in Morrisania, Bronx, on March 13, 2012.

*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.

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