Russell Hubley

Vice President

Vice President – Multifamily Finance

NYS Housing Finance Agency

Lender

Government

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Person Activity past 24 months:

Lender signatory: 7 for $1.3 billion

Top Ten Associated Companies:

Breaking Ground (2), Glenwood Management (2), Georgica Green Ventures (1), RiseBoro Community Partnership (1), L+M Development Partners (1), Merchants Capital (1), Dermot Company (1), Tishman Speyer (1)

Top Ten Associated People:

David Beer (2), Gary Jacob (1), David J. Gallo (1), Rick Gropper (1), Andrew Levison (1), Paul A. Galiano (1), Carole L. Pittelman (1)

Recent activity as signatory:

• Southern Brooklyn Community Organization borrowed $26.8 million from Lument for 680 Ocean Parkway, 1017 44th Street, and 1006 44th Street, Kensington, Brooklyn on April 17, 2025.

• Tishman Speyer and Breaking Ground borrowed $142.8 million from NYS Housing Finance Agency for N/A Beach 53rd Street, Edgemere, Queens on March 27, 2025.

• Glenwood Management borrowed $231 million from NYS Housing Finance Agency for 160 West 62nd Street, Lincoln Square, Manhattan on March 13, 2025.

• L+M Development Partners and Merchants Capital borrowed $326.3 million from NYS Housing Finance Agency for N/A Fountain Avenue, N/A Erskine Street, and N/A Fountain Avenue, None, Brooklyn on December 20, 2024.

• Related Companies borrowed $100 million from TYKO Capital for 400-410 East 84th Street, Yorkville, Manhattan on December 27, 2024.

• Dermot Company borrowed $130 million from NYS Housing Finance Agency and Mizuho Capital Markets for 29 Flatbush Avenue, 29 Flatbush Avenue, 29 Flatbush Avenue, and 29 Flatbush Avenue, None, Brooklyn on December 06, 2024.

• Breaking Ground borrowed $120.8 million from NYS Housing Finance Agency for 1760 3rd Avenue, Carnegie Hill, Manhattan on December 19, 2024.

• Glenwood Management borrowed $209.6 million from NYS Housing Finance Agency for 320 West 38th Street, Garment District, Manhattan on October 01, 2024.

• Georgica Green Ventures and RiseBoro Community Partnership borrowed $165.1 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 2015 Boardwalk West, Coney Island, Brooklyn on June 25, 2024.