$126 million - Queens, NY.
Queens, NY. Following the demolition of preexisting dilapidated and blighted buildings, a mixed-income 25 story tower that consists of 380 affordable mixed income units, with a mix of studios, 1-bedrooms, and 2-bedrooms, as well as amenity spaces which include a lounge, business center, children’s playroom, fitness center, and outdoor recreation space. We worked closely with city and state agencies such as HPD, HDC, DEC, & OER.
$240 million - Queens, NY.
New construction of a mixed-income rental apartment tower. The project will include 543 units, with financing provided through New York City HDC Bonds.
$37 million - Bronx, NY.
The project is a development of NYCHA and HPD land to create a 100 percent affordable home ownership housing development at NYCHA’s Soundview campus. This will create 70 affordable to middle-income units along with a 25-space parking lot. The development also includes the construction of 10 four-story townhouses with a total of 72 affordable co-op home ownership units.
$18 million - Brooklyn, NY.
Acquisition and new construction of three New York City-owned properties in East New York, Brooklyn. This is the first phase of a project that will create 75 newly-constructed affordable rental units in five buildings. Financing partners include Raymond James Tax Credit Funds, providing equity through the purchase of 9% Low Income Housing Tax Credits allocated by the NYC Department of Housing Preservation and Development and a subsidy also provided by HPD. TD Bank provided construction financing.
$381 million - Manhattan, NY.
42-story tower development that will yield condominiums, institutional offices, faculty housing, and classrooms for a Seminary.
$48 million - Brooklyn, NY.
Brooklyn, NY. 9 building portfolio to be rehabilitated and brought to Passive Housing standards. Financing from Tax Credit, LIHTC, and Bond sources.
$34 million - Brooklyn, NY.
New construction of 76 affordable residential units and a new church facility in Flatbush, Brooklyn.
$170 million - Brooklyn, NY.
Brooklyn, NY. Conversion of a luxury hotel to more than 500 units of affordable housing in one of the city's most expensive neighborhoods, including a 30,000-square-foot commercial and community space and a new plaza. More than half of the apartments, 305 units, will be slated for formerly homeless New Yorkers and 202 will be available to low-income to moderate-income households. $2 million from City Council, $155 million the city's Department of Housing Preservation and Development and a $10 million grant from Enterprise Community Partners.
$40 million - Bronx, NY.
Bronx, NY. 121-unit building located on privately owned vacant land in the West Farms neighborhood of the Bronx. The project will be a mix of supportive and affordable housing for low-income families. Financed with New York State Housing Finance Agency Tax Exempt Bonds and Low Income Housing Tax Credits, NYS HCR Low Income Housing Credits, and NYS HCR SHOP Subsidies.
$28 million - Bronx, NY.
Bronx, NY. 80-unit located on vacant land in the Norwood neighborhood of the Bronx. The project will be a mix of studio, 1, 2 and 3 bedroom apartments along with on-site program space. Financed with NYS HCR Low Income Housing Tax Credits, NYS HCR State Low Income Housing Tax Credits, and NYS HCR Middle Income Housing Program Loan.
$96 million - Queens, NY.
Queens, NY. Renovation and rehabilitation of an estimated 206 residential units; 131 of which will be affordable housing units and 75 units being used for supportive housing. The redevelopment will provide 200+ units of supportive housing for special needs and homeless tenants, as well as affordable housing for low- to moderate-income households in the heart of Jamaica, Queens. The forward commitment of $21 million in permanent financing was secured on behalf of affordable housing developer, the project is the largest 9% Low-Income Housing Tax Credit allocation ever made in New York City.
$65 million - Manhattan, NY.
New York, NY. A 136-unit, 100% affordable building for seniors. The $65-million project is being financed by Wells Fargo and city housing agencies. The project is subdividing underutilized land and implementing recent zoning that provide density bonuses for the creation of senior affordable housing.
$36 million - Bronx, NY.
New construction of 94 affordable and supportive housing units for those with mental illness. Financing being provided by New York HFA Bonds, Supportive Housing Loan Program, New York City HPD, Supportive Housing Opportunity Program (SHOP), and New York State HCR.
$207 million - Manhattan, NY.
New construction of 400 mixed-income apartments, nearly 300 of which will be affordable, 65,000 square feet of commercial space, 5,000 square feet of cultural facilities, and 10,000 square feet of public open space.
$72 million - Brooklyn, NY.
New construction of permanent housing which will bring 125 new apartments for homeless and low-income families to Brooklyn's under served Brownsville neighborhood.
$27 million - Bronx, NY.
The first ground up commercial building in the South Bronx in more than 75 years. The project will have more than 66,000 square feet of rentable space, including more than 7,000 square feet of retail.
$89 million - Bronx, NY.
Passive Housing supportive residence in The Bronx designed for seniors who are exiting homelessness or living on very low incomes which will also include a community facility space.
$19 million - Warren County, NY.
A new construction affordable rental development providing services for residents living with intellectual and developmental disabilities. The project will also include space for a non-profit, which will be used for school mentoring programs. Financing made by New York State Homes and Community Renewal, Regions Affordable Housing, the Community Preservation Corporation and the New York State Office of People with Developmental Disabilities.
$18 million - Westchester, NY.
Retrofitting of 108 studio apartment units at a former affordable housing complex into 74 affordable units for seniors and includes the construction of 74 studio, one- and two-bedroom units. Construction financing from the State of New York Mortgage Agency, and NYS Supportive Housing Opportunity Program and Senior Housing Program. Additional construction financing for the project was secured through Community Housing Innovations.
$38 million - Westchester, NY.
Rehabilitation and expansion of a converted federal public housing facility from 30 units to a new 70-unit low income senior housing building. Once complete, the development will remain affordable for 99 years. NY State HFA to provide financing.
$50 million - Westchester, NY.
New construction of an eight-story affordable housing building. The development will contain 81 mixed-income rental apartments comprised of a mix of modern studios, one-bedrooms, and two-bedroom apartments, and also include a day care center for low-income families. The diversified financing package includes a mix of private entities and government agencies. New York State Homes and Community Renewal is the primary source of financing for this effort, with additional funds from MHACY, CCNY, WCHIF, and Empire State Development Restore NY.
$27 million - Rockland, NY.
Preservation and rehabilitation of 236 units of affordable senior housing. Financing was arranged by the Community Preservation Corporation through the Federal National Mortgage Association (Fannie Mae). Additional financing to be provided by the New York State Housing Finance Agency.
$37 million - Westchester, NY.
Acquisition of an adjacent parcel and refinancing of bond debt for a Charter School. Financing made possible by the Yonkers Economic Development Corporation.
$30 million - Suffolk, NY.
A new construction affordable housing project consisting of 9 buildings, with a total of 70 units, serving low-income residents and those with disabilities. A brand new 7,400 sq. ft. Community Center is planned as well. Financing sources include the local IDA, NYS Housing Trust Fund, and Capital One. All New York worked with the project team to solve a series of complex issues before closing due to it being an assemblage of multiple lots, and the abandonment of two “paper streets” which required coordination with multiple County agencies.
$109 million - Westchester, NY.
Rehabilitation and preservation of more than 278 units of public and affordable housing under the Rental Assistance Demonstration (RAD) program through the U.S. Department of Housing and Urban Development. Financing sources include the NY State HFA, Wells Fargo Bank, and MHACY. This complex transaction required multiple funding sources and posed a number of interesting title related issues that All New York assisted the parties to work through.
$34 million - Buffalo, NY.
Transformation of a historic structure to include 74 rental apartments and 600 square feet of residential community support space. In addition, 8,100 square feet of new construction providing a new full-service health center for the community. The project is being financed by the New York State Homes and Community Renewal, Regions Affordable Housing, and JP Morgan Chase Bank.