Jonathan Gouveia

Executive Vice President

New York City Housing Authority

LinkedIn

New York City Housing Authority NYC portfolio

$23.7 billion* – elevator 92%, walkup 6%; Manhattan 51%, Brooklyn 24%, Bronx 14%

5th largest portfolio by dollar value

134,191,059 sqft – elevator 96%, walkup 3%;

3th largest by SF

558 properties – Brooklyn 32%, Manhattan 30%, Bronx 27%

4th largest

161,076 residential units – Manhattan 32%, Bronx 29%, Brooklyn 28%

2th largest by residential units

0 foreclosures, 0 bankruptcies, 6 other court cases.

Person Activity past 24 months:

Seller signatory: 9 for $523.1 million

Lender signatory: 3 for $486.1 million

Top Ten Associated People:

Karim Hutson (2), Yvonne Stennett (2), Spyridon Papakonstadinou (2), Yiannes Einhorn (2), Matthew Rooney (2), Timothy I. Henkel (2), Eliezer Weiss (1), Dara Kovel (1), Derrick A. Lovett (1), Jeffrey Goldberg (1)

Recent activity as signatory:

MDG Design + Construction, Wavecrest Management and Infinite Horizons borrowed $435 million from Merchants Capital, NYC Housing Development Corporation and New York City Housing Authority for 1130 Burke Avenue, Allerton, Bronx on March 27, 2025.

New York City Housing Authority sold 1130 Burke Avenue, Allerton, Bronx for $162.2 million to MDG Design + Construction, Wavecrest Management and Infinite Horizons on March 27, 2025.

New York City Housing Authority sold N/A Amsterdam Avenue, Harlem, Manhattan for $4.9 million to Gilbane Inc. on December 12, 2024.

New York City Housing Authority sold 159 Alaska Street, Port Richmond, Staten Island for $34 million to BFC Partners on June 28, 2024.

New York City Housing Authority sold 107 West 143rd Street and 111 West 143rd Street, Harlem, Manhattan for $6.8 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.

New York City Housing Authority sold 2537 Adam C Powell Blvd, 2441 Adam C Powell Blvd, 2453 Adam C Powell Blvd, 2449 Adam C Powell Blvd, 131 West 143rd Street, and others, Harlem, Manhattan for $105.2 million to Genesis Companies, Community League of the Heights and Lemor Development Group on September 26, 2024.

New York City Housing Authority sold 3475 Bivona Street, 3550 Bivona Street, 2440-2456 Boston Road, and 3031-3035 Middletown Road, Eastchester, Bronx for $34.3 million to Beacon Communities and MBD Community Housing on September 26, 2024.

Pennrose borrowed $29.9 million from New York City Housing Authority for 333 Central Avenue, 1240 Gates Avenue, 200 Palmetto Street, 269 Central Avenue, 87 Palmetto Street, and others, Bushwick, Brooklyn on February 29, 2024.

Pennrose borrowed $21.1 million from New York City Housing Authority for 235 Linden Street, 357 Wilson Avenue, 333 Wilson Avenue, 580 Central Avenue, 690 Evergreen Avenue, and others, Bushwick, Brooklyn on February 29, 2024.

New York City Housing Authority sold 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn for $23.3 million to BRP Companies, Fairstead and Urbane on November 28, 2023.

Latest Stories:

• MDG, Wavecrest, Infinite Horizons sign 99-year lease with NYCHA valued at $162.2M in Bronx (April 21, 2025)

• Gilbane Inc. signs $4.9M lease with NYCHA, borrows $445.9M for renovations (January 13, 2025)

• BFC Partners signs $34M, 99-year lease with NYCHA for 634 units in Port Richmond (December 31, 2024)

• Genesis Companies, Lemor sign 99-year leases in Harlem with NYCHA valued at $112M, borrow $384M (October 16, 2024)

• Beacon Communities, MBD sign 99-year ground lease with NYCHA valued at $34.4M, PACT deal (October 08, 2024)

• Artimus signs $210M construction loan for 490-unit development in Harlem (June 07, 2024)

• BRP, Fairstead, Urbane sign $23.3M ground lease, get $635.6M loan to rehab NYCHA units (December 15, 2023)

• Arker Companies signs 99-year ground lease valued at $137.6M with NYCHA for PACT deal in Bronx (October 13, 2023)

• Artimus pays $16.9M to Cityscapes Realty for 50% stake in two Harlem dev sites (September 07, 2023)

• Camber signs $783M rehab loan for Bronx portfolio (July 10, 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.

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