Melissa Bindra
Principal
Vaya Development
Vaya Development NYC portfolio
$90.8 million* – industrial 97%, retail 2%; Bronx 97%, Queens 2%
1320th largest portfolio by dollar value
10,952 sqft – industrial 79%, retail 20%;
5279th largest by SF
3 properties – Bronx 66%, Queens 33%
2225th largest
Other Links:
Person Activity past 24 months:
Seller signatory: 1 for $7.4 million
Borrower signatory: 2 for $83.2 million
Developer (new building or major alteration): 7 for 39,550 square feet
Top Ten Associated Companies:
Enterprise Community Partners (2), NYS Housing Finance Agency (1), NYC Department of Housing Preservation and Development (1), Vaya Development (1)
Top Ten Associated People:
Baaba Halm (1)
Recent activity as signatory:
• Vaya Development and Comunilife borrowed $17.6 million from Enterprise Community Partners for 164-02 Jamaica Avenue, 164-08 Jamaica Avenue, and 164-06 Jamaica Avenue, Jamaica, Queens on April 09, 2025.
• Vaya Development borrowed $65.6 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1940-1942 Jerome Avenue, Mt Hope, Bronx on March 27, 2024.
• Vaya Development and Steven Chera sold 1940-1942 Jerome Avenue, Mt Hope, Bronx for $7.4 million to Vaya Development on March 27, 2024.
• Steven Chera and Vaya Development borrowed $7.8 million from Enterprise Community Partners for 1940 Jerome Avenue and 1942 Jerome Avenue, Mt Hope, Bronx on August 11, 2022.
Latest Stories:
• 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)