2338 Loring Place North

Owner: Stagg Group

Debt: July 18, 2022, $12.7 million

Built: 2022

Renovated: 2020

SF: 49,862

Dwelling units: 54

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 7

HPD Ownership Registration Information

Last registered: 2025-07-15 (expires 2026-09-01)

Transactions:

• Stagg Group borrowed $12.7 million from Berkadia Commercial Mortgage for 140 West Fordham Road, University Heights, Bronx on July 18, 2022.

• Company sold 140 West Fordham Road, University Heights, Bronx for $0 to company on December 10, 2021.

• Stagg Group borrowed $9.9 million from Sterling National Bank for 140 West Fordham Road, University Heights, Bronx on June 29, 2021.

Development:

• Mark Stagg filed plans for alteration in University Heights, Bronx, on November 18, 2021.

• Edward Kelly filed plans for alteration in University Heights, Bronx, on December 14, 2020.

• Mark Stagg filed plans for alteration in University Heights, Bronx, on June 08, 2020.

• Mark Stagg filed plans for alteration in University Heights, Bronx, on July 23, 2020.

• Mark Stagg filed plans for alteration in University Heights, Bronx, on July 23, 2020.

Violations:

According to city public data, the properties have received 18 housing violations, $150 in OATH penalties, and three housing litigations in the last year.

Latest Stories:

• Stagg Group signs $9.9M construction loan for 54-unit development in University Heights (June 30, 2021)

• Stagg Group fully permitted for 54-unit resi building at recently acquired University Heights property (October 05, 2020)