Kerry LaBotz
(Kerry McLaughlin)
Assistant Commissioner
NYC Department of Housing Preservation and Development
NYC Department of Housing Preservation and Development NYC portfolio
$286.9 million -development 34%, Q0 30%, specialty 21%; Queens 39%, Manhattan 30%, Brooklyn 29%*
742th largest portfolio by dollar value
165,018 sqft – specialty 46%, elevator 34%, walkup 16%; Manhattan 77%, Brooklyn 20%, Queens 2%
1767th largest by SF
81 properties – Queens 49%, Brooklyn 35%, Manhattan 13%
93th largest
95 residential units – Manhattan 65%, Brooklyn 32%, Queens 2%
1856th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Lender signatory: 9 for $182.3 million
Top Ten Associated Companies:
Phipps Houses (2), Bronx Pro Group (2), Community Access (2), B&R Management (1), Acacia Network (1), Bridge Street Development Corporation (1), Southside United H.D.F.C. (1), Northcore Studios Housing Development Fund (1), West Harlem Group Assistance (1)
Top Ten Associated People:
Michael Wadman (2), Samantha Magistro (2), Jason Duchin (2), Christopher Lacovara (2), Brandon Benitez (1), Linda Vera (1), Raul Russi (1), Gregory Anderson (1), Juan Ramos (1), Gregory Colimon (1)
Recent activity as signatory:
• 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.
• West Harlem Group Assistance borrowed $22.8 million from NYC Department of Housing Preservation and Development for 513 West 145 Street on June 27, 2024.
• Northcore Studios Housing Development Fund borrowed $5 million from City of New York for 2326 Pitkin Avenue on February 09, 2024.