GFP Real Estate. Jeff Torkin-Notable Real Estate Leaders 2024. Jeff Torkin. Principal. Timber Equities. Michael Tortorici-Notable Real Estate Leaders 2024…

The asset involved in this transaction is a development site located at 5055 Broadway in Inwood, Manhattan. The property encompasses a building square footage of 43,203 and is intended for a 60-unit residential project. The loan secured was for a construction type, amounting to $21,000,000. Summary of transation details: Property Type: Development Site Transaction Amount: $21,000,000 Address: […]

Exterior work is moving along on 170 West 225th Street, a seven-story residential building in Marble Hill, Manhattan. Designed by Marin Architects and developed by Timber Equities, the 115,000-square-foot structure will yield 115 rental units, with 30 percent reserved for affordable housing. The property is located at the intersection of West 225th Street and Adrian Avenue, […]

Timber Equities through the entity 2460 FDB Lp as borrower signed a construction loan with lender We[…]

Renderings have been released for 170 West 225th Street, a seven-story residential building in Marble Hill, Manhattan. Designed by Marin Architects and developed by Timber Equities, the 115,000-square-foot structure will yield 115 rental units, with 30 percent reserved for affordable housing. The property is located near the intersection of Adrian Avenue and West 225th Street, […]

The affordable housing lottery has launched for 3893 Waldo Avenue, a four-story residential building at 55 Dash Place in Fieldston, The Bronx. Designed by Kutnicki Bernstein Architects and developed by Timber Equities, the structure yields 29 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income […]

Timber Equities, represented by Joseph Seidenfeld, has secured a $44 million construction loan from Bank Hapoalim for the development site located at 168-174 West 225th Street in Marble Hill, Manhattan. Summary of transation details Property Type: Development Site Loan Amount: $44,000,000 Loan Type: Construction Lender: Bank Hapoalim Landlord: Joseph Seidenfeld – Timber Equities The loan […]

The affordable housing lottery has launched for The Henry, a six-story residential building at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx. Designed by Kutnicki Bernstein Architects and developed by Timber Equities, the structure yields 55 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income […]

A commercial building, four two-family homes and a church in Marble Hill, Manhattan’s northernmost neighborhood, will make way for a 115,000-square-foot residential building. Timber Equities is planning to build a seven-story residential building designed by Marin Architects encompassing six lots at 164-176 West 225th Street. The project has been in the works for about five […]

Timber Equities transforms parking lot into 60 luxury rental apartments, 25 percent of which will have below-market rents to bring new housing opportunities to Inwood. “We’re just focused on bringing luxury rentals to the city with the affordable component and I think that’s what New York City is about,” Jeff Torkin of Timber Equities said. […]

The Henry, a new rental property at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx, will comprise 55 apartments, integrated parking garage, a communal lounge, a fitness center, and a shared roof deck with outdoor cooking areas and a landscaped garden. “Given the breathtaking bridge and river views and unrivaled proximity to transit, The Henry […]

Developer Timber Equities recently secured $17.5 million in construction financing to complete 2395 Palisade Avenue, a new 55-unit residential property in the Spuyten Duyvil neighborhood of The Bronx. The Kutnicki Bernstein project is perched above Spuyten Duyvil Shorefront Park with expansive views of the Hudson River and the New Jersey Palisades.

The New York Real Estate Journal (NYREJ) sits down with Jeff Torkin, this month’s executive of the month. Torkin is a principal at Timber Equities, a NYC-based development firm with a current pipeline of residential projects in Upper Manhattan and the Northwest Bronx. “We formed Timber as our newest platform to develop thoughtfully designed, high-quality […]