Ralph Fasano
Concern for Independent Living
Concern for Independent Living|Concern Logan Housing Development Fund NYC portfolio
$306.2 million -industrial 55%, specialty 24%, elevator 19%; Bronx 66%, Brooklyn 33%*
666th largest portfolio by dollar value
202,546 sqft – elevator 84%, industrial 14%, specialty 1%; Brooklyn 87%, Bronx 12%
1518th largest by SF
6 properties – Brooklyn 66%, Bronx 33%
1553th largest
396 residential units – Brooklyn 74%, Bronx 25%
669th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $94.9 million
Developer (new building or major alteration): 23 for 140,243 square feet
Top Ten Associated Companies:
JPMorgan Chase (1), NYS Homeless And Housing Assistance (1), Dragos Adrian Firescu (1), United Developers (1), NYC Housing Development Corporation (1), NYS Homeless Housing and Assistance Corporation (1), St. James Church Fordham (1), Leviticus Fund (1)
Top Ten Associated People:
Dragos Adrian Firescu (1), Matthew Ahdoot (1), Russell Hubley (1), Dana Greenberg (1), Matthew Oprendek (1), Greg Maher (1)
Recent activity as signatory:
• Concern for Independent Living borrowed $94.9 million from NYC Housing Development Corporation for 1328 Inwood Avenue on December 18, 2025.
• Ralph Fasano filed plans for new building for 171,127 sqft in Mt Eden, Bronx, on August 11, 2023.
• Concern for Independent Living borrowed $32.3 million from JPMorgan Chase and NYS Homeless And Housing Assistance for 475 Logan Street on April 19, 2023.
• Dragos Adrian Firescu sold 1328 Inwood Avenue for $12.7 million to Concern for Independent Living on January 25, 2023.
• Concern for Independent Living borrowed $16.2 million from Leviticus Fund for 1328 Inwood Avenue on January 25, 2023.
• Ralph Fasano filed plans for new building for 52,107 sqft in East New York, Brooklyn, on October 22, 2021.
• St. James Church Fordham ground leased 2520 Jerome Avenue valued at $7.3 million to Concern for Independent Living on June 30, 2021.
• Concern for Independent Living borrowed $23.2 million from NYS Homeless Housing and Assistance Corporation for 2337 Pitkin Avenue on June 22, 2021.
• United Developers sold 475 Logan Street for $4.4 million to Concern Logan Housing Development Fund on February 11, 2021.
• Ralph Fasano filed plans for new building for 36,612 sqft in East New York, Brooklyn, on August 22, 2019.