Image Rendering of proposed building at 816 Herkimer Street, Cluster 2 Image Credit: City Planning

HPD’s Open Door Program a key facet of Rochester Suydam application. On February 26, 2020, the City Council Subcommittee on Landmarks, Public Sitings and Dispositions heard the Department of Housing Preservation and Development and BJF Development’s application for the disposition of City owned property, the designation of an Urban Development Action Area and the approval of a property tax exemption under Article XI of the Private Housing Finance Law. The approval would facilitate the development of seven new buildings and 78 affordable homeownership units in the Bedford-Stuyvesant neighborhood of Brooklyn. The application was approved by the City Planning Commission on February 19, 2020. To read CityLand’s prior coverage of the Rochester Suydam project click here.

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Image Credit: GF55 Partners/HPD

The new building will have a variety of amenities and 111 parking spaces for residents. On February 12, 2019, HPD and HDC announced the completion of Alvista Towers, a 380-unit, affordable housing development in Jamaica, Queens. City agencies and private sector firms came together to develop this project as part of the City’s affordable housing initiative. The involved parties were the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), Council Member I. Daneek Miller, the Greater Jamaica Development Corporation, Phoenix Realty Group, Goldman Sachs, Wells Fargo, Settlement Housing Fund, the New York City Housing Partnership, and Artimus as the developer of the project. The development was the result of the Special Downtown Jamaica Rezoning, which was adopted by the City in 2007 to foster transit-oriented development in Jamaica.

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