Kelly Biscuso
Vice President Of Development
Phipps Houses
257 Park Avenue South, 12th Floor New York, NY 10010
902 Broadway 13th Fl New York, NY 10010
Phipps Houses NYC portfolio
$2.8 billion -elevator 30%, development 17%, D6 12%; Queens 30%, Bronx 29%, Brooklyn 28%*
74th largest portfolio by dollar value
7,507,757 sqft – elevator 53%, condo 17%, walkup 12%; Bronx 52%, Manhattan 26%, Queens 14%
46th largest by SF
115 properties – Bronx 48%, Queens 31%, Manhattan 14%
51th largest
7,146 residential units – Bronx 49%, Manhattan 25%, Queens 18%
34th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
Person Activity past 24 months:
Buyer signatory: 1 for $2.5 million
Borrower signatory: 1 for $99 million
Developer (new building or major alteration): 14 for 625,709 square feet
Top Ten Associated Companies:
Rita Stark (1), NYC Housing Development Corporation (1)
Top Ten Associated People:
Bruce Sontag (1)
Recent activity as signatory:
• Kelly Biscuso filed plans for new building for 149,640 sqft in West Farms, Bronx, on March 20, 2026.
• Kelly Biscuso filed plans for new building for 146,806 sqft in West Farms, Bronx, on March 20, 2026.
• Kelly Biscuso filed plans for new building for 329,262 sqft in West Farms, Bronx, on March 20, 2026.
• Rita Stark sold 16-05 Village Lane, 16-05 Village Lane, 16-05 Village Lane, 15-14 Central Avenue, 15-14 Central Avenue, and others, Far Rockaway, Queens for $2.5 million to Phipps Houses on November 12, 2024.
• Phipps Houses borrowed $99 million from NYC Housing Development Corporation for 50-25 Barnett Avenue on June 26, 2024.