The Promesa Housing Development Fund Corporation

    The Promesa Housing Development Fund Corporation appears in 26 NYC deed transactions across 16 buildings. Dates, counterparties, and addresses from public records.

    What the record shows

    Bundled closings seven buildings changed hands on a single day, 2014-06-24. Same-day multi-building transfers are portfolio deals rather than individual sales, and the buildings in them usually keep sharing an owner afterwards.

    Repeat counterparty DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT; THE CITY OF NEW YORK is on the other side of ten of these transfers. A name that recurs across deeds is usually an affiliate, a lender, or the same principal filing under a second entity — it is not by itself evidence of either.

    Transfers without a price six of the 26 recorded transfers carry no sale price. Zero-consideration deeds are routine for restructurings, family transfers, and moves between affiliated entities — they mean the parties changed, not necessarily that the building was sold.

    Activity window Recorded activity for The Promesa Housing Development Fund Corporation runs from 1999 to 2018. Nothing has been recorded in the 7 years since — the entity may still hold the buildings, or a later transfer may sit under a different name.

    Spread across boroughs The buildings span two boroughs, led by Bronx with 15. Buying across boroughs points at an investor rather than a neighbourhood operator.

    Buildings on record:

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