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HENRY PHIPPS PLAZA SOUTH

FHA New Construction & Substantial Rehab

Endorsed June 30, 2006

FHA #01235660

Deal Details

Location
New York, New York
Mortgage Amount
$30.1M
Units
402
Program
New Construction & Substantial Rehab
Lender
PGIM Real Estate
Fiscal Year
FY2006
LIHTC
Yes
Tax-Exempt
Yes

Current Loan Status

Active
Outstanding Balance
$16.5M($30.1M original)
Interest Rate
6.50%
Maturity
February 2049(23 years remaining)
Original Term
40 years
Holder
NEW YORK CITY HOUS DEV CORP
Servicer
NEW YORK CITY HOUS DEV CORP

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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