The ribbon cutting at Chestnut Commons. Image Credit: HPD.

The building includes a community center with a variety of programs to promote economic growth and youth development. On October 4, 2022, the Department of Housing Preservation and Development (HPD) joined other city agencies, MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corporation to celebrate the opening of Chestnut Commons Apartments in East New York, Brooklyn. Chestnut Commons Apartments, located at 110 Dinsmore Place, is a new 275-permanently affordable unit building.  (more…)

Linden Terrace Building 1. Image Credit: NYC HPD.

On March 15, 2022, the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and members of the development team cut the ribbon for the first building of the Linden Terrace project. The Linden Terrace project will bring 548 new affordable homes spread across three buildings. The celebration marked the opening and first lease up of 2858 Linden Boulevard, the first building, and the groundbreaking of the second and third buildings in the project. The development team consists of Radson Development, Real Builders, and Spring Management.  (more…)

50 Penn is a new 100 percent affordable development in Cypress Hills, Brooklyn. Image Credit: HPD.

The mixed-use, nine-story “50 Penn” building in Brooklyn will provide both housing and additional supports. On June 9, 2022, the Department of Housing Preservation and Development (HPD), the NYC Housing Development Corporation (HDC), developer PennRose, and the Riseboro Community Partnership celebrated the grand opening of the “50 Penn” housing development in Cypress Hills, Brooklyn. The 218-unit building addresses key priorities in the East New York Neighborhood Plan, such as affordable housing and access to fresh food. While the building was financed through HPD and HDC, Pennrose was the project’s lead developer and RiseBoro will provide on-site property management. (more…)

Image Credit: NYC HPD

The landlord had previously topped the NYC Public Advocate’s Worst Landlord Watchlist. On November 22, 2021, the Department of Housing Preservation and Development announced that a settlement had been reached with Jason Korn, a Brooklyn-based landlord over outstanding building violations and tenant harassment in six buildings in Brooklyn and Manhattan.  (more…)

Ribbon cutting to open Stonewall House, the City’s first LGBT-friendly senior affordable housing development. Image Credit: HPD

The project is a part of NYCHA’s efforts to build 10,000 units of affordable housing over the next decade. On December 17, 2019, the Department of Housing, Preservation and Development (HPD) announced the opening of Stonewall House, a new LGBT-friendly affordable elder housing at 112 St. Edwards Street in Fort Greene, Brooklyn. The project is the first elder housing in both the City and State to be designed as “LGBT-friendly.” (more…)