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HPD opens registration for multifamily building owners
07
New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been issued a reminder to property owners and managing agents
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Hudson Companies signs four new tenants at La Central
07
The Hudson Companies has signed four new tenants at La Central, its affordable housing development at 556 and 600 Bergen Avenue in the Bronx.
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Affordable developer secures financing for Watchtower hotel conversion
07
Non-profit housing developer Breaking Ground has announced it is moving ahead with its plan to turn a former Jehovah’s Witnesses hotel in DUMBO into affordable
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Long-awaited Gowanus Green to be 100% affordable
07
The long-awaited Gowanus Green development in Brooklyn will be 100 percent affordable, the city’s Department of Housing Preservation and Development announced
Construction & Design
Douglaston closes on deal to build 450 apartments on NY Botanical Garden land
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The New York Botanical Garden (NYBG) and Douglaston Development has closed two separate 99-year ground leases at 2856 Webster Avenue and 410 Bedford Park Boulevard.
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Catholic Charities starts work on new Queens development
07
The non-profit Catholic Charities has begun work on turning a former Astoria parking lot into an affordable housing development. The new $62 million Bishop
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Industry joins with city to slam plan to ban immigrants from public housing
05
The city and the real estate industry has come together to rail against what they calls a callous government plan to throw families out of their homes
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L+M, Invesco to make $1B apartment portfolio affordable
07
L+M Development Partners and Invesco Real Estate today announced entering into a contract to purchase and preserve five former Mitchell-Lama developments
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Stagg Group to build 500-unit Bronx apartment development
07
The Stagg Group is set to build a 474-unit apartment building at 1125 Whitlock Avenue in the Bronx. The development company just closed on the acquisition
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City adds 10,000 units to housing target to address rising homelessness
07
New York City’s affordable housing plan got a revamp from the Department of Housing Preservation and Development, amid recent criticism over homelessness
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Almat Group, Habitat for Humanity break ground for largest multifamily property yet
05
Affordable housing developer Habitat for Humanity New York City, in conjunction with the Almat Group and the New York City Department of Housing Preservation
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$105M in loans to preserve affordable apts. in Manhattan and Queens
05
199 Avenue B Greystone has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing at properties