Kerry LaBotz
(Kerry McLaughlin)
Assistant Commissioner
NYC Department of Housing Preservation and Development
(NYC Department Of Housing Preservation & Development, HPD, New York City Department Of Housing Preservation And Development)
100 Gold Street, New York, NY 10038
NYC Department of Housing Preservation and Development NYC portfolio
$559.4 million -walkup 42%, development 18%, Q0 15%; Manhattan 58%, Queens 20%, Brooklyn 19%*
400th largest portfolio by dollar value
1,176,173 sqft – walkup 71%, elevator 21%, specialty 6%; Manhattan 88%, Brooklyn 7%, Bronx 3%
432th largest by SF
150 properties – Manhattan 44%, Queens 26%, Brooklyn 25%
29th largest
1,297 residential units – Manhattan 86%, Brooklyn 9%, Bronx 4%
270th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Lender signatory: 11 for $264.6 million
Top Ten Associated Companies:
Phipps Houses (3), Bronx Pro Group (2), Community Access (2), Sisters of Charity Housing Development Corporation (1), B&R Management (1), Bridge Street Development Corporation (1), Acacia Network (1), Northcore Studios Housing Development Fund (1), Southside United H.D.F.C. (1), West Harlem Group Assistance (1)
Top Ten Associated People:
Michael Wadman (3), Samantha Magistro (2), Jason Duchin (2), Christopher Lacovara (2), Matthew Janeczko (1), Brandon Benitez (1), Linda Vera (1), Gregory Anderson (1), Raul Russi (1), Gregory Colimon (1)
Recent activity as signatory:
• Sisters of Charity Housing Development Corporation borrowed $60.9 million from Local Initiatives Support Corporation and NYS Housing Finance Agency for 211 East 118 Street on June 04, 2026.
• Phipps Houses borrowed $21.4 million from Low Income Investment Fund and NYC Department of Housing Preservation and Development for 1987 Daly Avenue on May 21, 2026.
• Phipps Houses borrowed $56.8 million from NYC Department of Housing Preservation and Development for 549 East 170 Street on April 30, 2026.
• Acacia Network borrowed $27.8 million from Webster Bank for None on April 09, 2026.
• Bridge Street Development Corporation borrowed $8.8 million from NYC Department of Housing Preservation and Development for None on February 02, 2026.
• B&R Management borrowed $9 million from NYC Department of Housing Preservation and Development for 19 Locust Street on June 13, 2025.
• Phipps Houses borrowed $20 million from Citibank and NYC Department of Housing Preservation and Development for 468 East 159 Street on December 19, 2024.
• Bronx Pro Group borrowed $7.4 million from NYC Department of Housing Preservation and Development for 2425 7 Avenue on December 18, 2024.
• Bronx Pro Group borrowed $10 million from NYC Department of Housing Preservation and Development for 235 West 115 Street on December 18, 2024.
• Southside United H.D.F.C. borrowed $19.7 million from NYC Department of Housing Preservation and Development for 260 Roebling Street on June 28, 2024.