|
It is with a heavy heart that we share the tragic news of the passing of our dear friend and trusted colleague, Kevin Cruickshank, who lead Chase Bank's condominium, co-op and builder strategy at a national level. Kevin lost his life in a tragic bicycle accident that occurred Saturday morning in downtown New York.
Kevin was more than a banking professional—he was a guiding light and steadfast ally to countless co-op communities across New York City. His unparalleled expertise and dedication played a crucial role in helping our clients navigate the complexities of working with Fannie Mae to secure compliance for their cooperative buildings. Through Kevin’s leadership, thousands of co-op units were successfully deemed Fannie Mae compliant, protecting the equity and financial stability of working and middle-class shareholders throughout the city.
Among his many achievements, Kevin was instrumental in shaping and supporting the Ground Lease Notice Renewal Bill, which passed the New York State Legislature and was signed into law in 2024. Thanks in large part to his guidance, this legislation preserved Fannie Mae eligibility for an estimated 10,000 cooperative units—home to over 30,000 New Yorkers—safeguarding tens of millions of dollars in homeowner equity.
We mourn the loss of a true professional, a passionate advocate for affordable housing, and a friend whose presence will be deeply missed. We extend our heartfelt condolences to Kevin’s family, colleagues, and all those whose lives he touched.
May his memory be a blessing.
| 
