The Bowery Mission, an organization serving homeless and hungry New Yorkers since the 1870’s, received a 2020 Community Giving Grant from NorthMarq’s New York City Office. The mission of the organization is combat the epidemic of homelessness affecting nearly 80,000 people and New York City and to meet the needs of neighbors in the metro area. The Bowery Mission is collectively fighting the issue of homelessness and affordable housing with New York City Rescue Mission and Goodwill Rescue Mission.
NorthMarq’s New York City Managing Directors Ernest DesRochers, Craig Bjornsund, Robert Delitsky, and Keith Braddish nominated The Bowery Mission. “For many years, the NorthMarq and the greater real estate industry has supported the charitable ministry of The Bowery Mission,” said DesRochers. “Especially during this pandemic, their work has been paramount in helping hungry and homeless New Yorkers, establishing children’s camp programs, and providing compassionate care and life transformations for thousands of individuals, caught in the cycles of poverty, hopelessness and dependencies of many kinds.”
The Bowery Mission’s grant will support the organization’s emphasis on connecting to the city’s most vulnerable communities. Just as it did during hard seasons of the past, from the 1918 flu pandemic to the Great Depression to Hurricane Sandy, The Bowery Mission is focused on making it possible to continue providing nutritious meals, hot showers, safe shelter and much needed care to New Yorkers in need.
“We appreciate NorthMarq’s commitment to making a difference for people experiencing homelessness through your various areas of work, including your Community fund. Your support makes such a difference, now more than ever,” said Audrey Cooper, The Bowery Mission Development Office – Partnerships.
In the third year of NorthMarq’s Community Involvement Grant program, the company has awarded grants to 18 non-profits in 16 cities. The program solicits nominations from each local office, and had an increase of 20 percent from 2019, with a total of 18 non-profits focused on affordable housing and reducing homelessness receiving these grants in 2020.
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As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $14 billion, loan servicing portfolio of more than $63 billion and the multi-year tenure of our more than 600 people.
