Melissa Bindra
Principal
Vaya Development
Vaya Development NYC portfolio
$341 million -elevator 93%, retail 3%, industrial 2%; Manhattan 93%, Queens 3%, Bronx 2%*
721th largest portfolio by dollar value
1,184,671 sqft – elevator 97%, retail 2%; Manhattan 97%, Queens 2%
463th largest by SF
14 properties – Manhattan 64%, Queens 21%, Bronx 14%
813th largest
1,009 residential units – Manhattan 88%, Bronx 11%
387th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 1 for $3.2 million
Borrower signatory: 2 for $500.8 million
Developer (new building or major alteration): 19 for 316,361 square feet
Top Ten Associated Companies:
Enterprise Community Partners (2), New York City Housing Authority (2), Vaya Development (1), NYS Housing Finance Agency (1), NYC Department of Housing Preservation and Development (1), Merchants Capital (1), NYC Housing Development Corporation (1)
Top Ten Associated People:
Baaba Halm (1), Jonathan Gouveia (1), Bianca Geary (1), Brian Cheigh (1)
Recent activity as signatory:
• Melissa Bindra filed plans for new building for 290,561 sqft in Jamaica, Queens, on April 06, 2026.
• New York City Housing Authority ground leased Corsi houses valued at $3.2 million to Vaya Development on December 18, 2025.
• Vaya Development borrowed $483.3 million from Merchants Capital, New York City Housing Authority and NYC Housing Development Corporation for Corsi houses on December 18, 2025.
• Vaya Development and Comunilife borrowed $17.6 million from Enterprise Community Partners for 164-04 Jamaica Avenue on April 09, 2025.
• Vaya Development and Steven Chera sold 1940 Jerome Avenue for $7.4 million to Vaya Development on March 27, 2024.
• Vaya Development borrowed $65.6 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1940 Jerome Avenue on March 27, 2024.
• Steven Chera and Vaya Development borrowed $7.8 million from Enterprise Community Partners for 1940 Jerome Avenue on August 11, 2022.
Latest Stories:
• Vaya Development files plans for 285 units in Jamaica (April 09, 2026)
• Nonprofit Comunilife pays $13.5M to Francmen Realty for likely dev site in Jamaica (May 08, 2025)
• Vaya Development signs $65.6M construction loan for 114-unit project in Mt Hope (April 11, 2024)
• Vaya Development plans 114-unit, 78K sf affordable building in Mt. Hope (August 24, 2022)
• Steven Chera pays $5.5M to Son Dinh Tran for industrial in Mt Hope (January 21, 2022)
