152 South Portland Avenue
Fort Greene, Brooklyn
Parcel ID (BBL): 3020030037
Acquired: October 18, 2021, $9 million
Debt: October 18, 2021, $49.3 million
Transactions:
• MDG Design + Construction borrowed $49.3 million from NYC Housing Development Corporation for 142-150 South Portland Avenue, Fort Greene, Brooklyn on October 18, 2021.
• Hanson Place SDA Church sold 142-150 South Portland Avenue, Fort Greene, Brooklyn for $9 million to MDG Design + Construction on October 18, 2021.
Development:
• MDG Design + Construction filed new building job 321593101 for 86,391 sqft R-2 building with 104 apartments in Fort Greene, Brooklyn, on May 15, 2019.
• Terence Ferguson filed alteration job B08054268 for 103,851 sqft building with 104 apartments in Fort Greene, Brooklyn, on December 22, 2022.
• Terence Ferguson filed alteration job B08013485 for 1,000 sqft building with 104 apartments in Fort Greene, Brooklyn, on October 04, 2022.
• Steven Williams filed alteration job B08010891 for 751 sqft R-2 building with 104 apartments in Fort Greene, Brooklyn, on September 27, 2022.
• Mandip Kaur filed alteration job B00780943 for 340 sqft building with 1 apartments in Fort Greene, Brooklyn, on July 25, 2022.
• Mandip Kaur filed alteration job B00705964 for 3,366 sqft building with 1 apartments in Fort Greene, Brooklyn, on June 02, 2022.
Litigation:
• MDG Design & Construction and Hanson Place Seventh-Day Adventist Church filed a $0 lawsuit against BAM on July 21, 2021,seeking a judgment related to construction accessat 142 South Portland Ave.
• MDG Design & Construction and Hanson Place Seventh-Day Adventist Church filed a $0 lawsuit against BAM on July 21, 2021,seeking a judgment related to construction accessat 142 South Portland Ave.
• MDG Design & Construction and Hanson Place Seventh-Day Adventist Church filed a $0 lawsuit against BAM on July 21, 2021,seeking a judgment related to construction accessat 142 South Portland Ave.
• MDG Design & Construction and Hanson Place Seventh-Day Adventist Church filed a $0 lawsuit against BAM on July 21, 2021,seeking a judgment related to construction accessat 142 South Portland Ave.
• MDG Design & Construction and Hanson Place Seventh-Day Adventist Church filed a $0 lawsuit against BAM on July 21, 2021,seeking a judgment related to construction accessat 142 South Portland Ave.
Violations:
According to city public data, the properties have received 30 housing violations and one housing litigation in the last year.