NYCHA Announces $261 Million in Completed Renovations for Three Developments in the Bronx

The private and non-profit partnership allows for more funding while maintaining resident public housing rights. On February 17, 2021, the New York City Housing Authority (NYCHA) announced the completion of upgrades in three NYCHA developments across the Bronx. The upgrades at the Baychester, Murphy, and Betances Houses impact 54 buildings and 1,810 units and are the home to an estimated 4,300 people. The renovations cost $261 million. 


New Medgar Evers College Prep School Building to be Constructed in Brooklyn

The new building will replace eight Transportable Classroom Units. On November 23, 2020 Mayor Bill de Blasio announced the groundbreaking on the 681-seat new school building for the Medgar Evers College Preparatory School in Brooklyn. This project will be adjacent to the school’s current site at 1186 Carroll Street in Crown Heights. This project was undertaken by the Mayor’s Office in partnership with the Department of Education, the School Construction Authority, and the City University … <Read More>


NYCHA and HPD Announce Construction of Affordable Housing Co-Operative Development in the Bronx

Seventy-two co-op units will be available for purchase. On October 2, 2020, the New York City Housing Authority (NYCHA) and the New York City Department of Housing Preservation and Development (HPD) announced that Lemle & Wolff Companies and Avante Contracting Corp will develop a 100 percent affordable homeownership housing development at NYCHA’s Soundview campus in the Bronx. The buildings will be located across the street to the north of Soundview Park along Lacombe Avenue at <Read More>



NYCHA Earns Over $2.6 Million By Transferring Hobbs Court Development Rights

NYCHA seeks to raise revenue for capital repairs by selling transferrable development rights on NYCHA properties. On March 5, 2020, the New York City Housing Authority (NYCHA) announced the finalization of an agreement to transfer approximately 9,000 square feet of development and parking rights at the Hobbs Court development, located at 315 E 102nd Street in East Harlem, Manhattan.