Sarah Leitson
Assitant Commissioner
NYC Department of Housing Preservation and Development
(NYC Department Of Housing Preservation & Development, New York City Department Of Housing Preservation And Development, HPD)
100 Gold Street, New York, NY 10038
NYC Department of Housing Preservation and Development NYC portfolio
$559.4 million -walkup 42%, development 18%, Q0 15%; Manhattan 58%, Queens 20%, Brooklyn 19%*
467th largest portfolio by dollar value
1,176,235 sqft – walkup 71%, elevator 21%, specialty 6%; Manhattan 88%, Brooklyn 7%, Bronx 3%
468th largest by SF
150 properties – Manhattan 44%, Queens 26%, Brooklyn 25%
37th largest
1,297 residential units – Manhattan 86%, Brooklyn 9%, Bronx 4%
315th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Lender signatory: 8 for $649 million
Top Ten Associated Companies:
Foxy Management (1), HANAC (1), Neighborhood Restore (1), Bowery Residents’ Committee (1), Urban Pathways (1), Comunilife (1), HELP USA (1), Slate Property Group (1), Breaking Ground (1), Elmcor (1)
Top Ten Associated People:
Jeffrey Fox (1), Stacy Bliagos (1), Salvatore D’Avola (1), Lilia Marini-Calves (1), Frederick Shack (1), Michael O’Donnell (1), David Cleghorn (1), David Schwartz (1), David Walsh (1), Shanel Thomas (1)
Recent activity as signatory:
• Comunilife borrowed $15.1 million from NYC Department of Housing Preservation and Development for 175 Throop Avenue on August 05, 2026.
• Foxy Management and HANAC borrowed $80.4 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1016 Beach 19 Street on June 30, 2026.
• Neighborhood Restore borrowed $89.9 million from NYC Department Housing Preservation and Development for 819 East 178 Street on March 30, 2026.
• HELP USA borrowed $11.1 million from NYC Department of Housing Preservation and Development for 1210 Simpson Street, East Morrisania, Bronx on January 23, 2026.
• Slate Property Group and Breaking Ground borrowed $295.5 million from Wells Fargo, NYS Housing Finance Agency, NYC Department of Housing Preservation and Development and Low Income Investment Fund for 377 7 Avenue on December 19, 2025.
• Urban Pathways borrowed $6.8 million from NYC Department of Housing Preservation and Development for 316 East 162 Street on November 05, 2025.
• Bowery Residents’ Committee borrowed $139.5 million from Citibank and NYC Department of Housing Preservation and Development for 1179 Walton Avenue on September 11, 2025.
• Elmcor borrowed $10.8 million from NYC Department of Housing Preservation and Development for 104-10 Northern Boulevard on November 19, 2024.