Boerum Hill, Upper East Side developments to be developed under NextGeneration Neighborhoods program. On September 10, 2015, the New York City Housing Authority announced that it will launch its NextGeneration Neighborhoods program at its Wyckoff Gardens and Holmes Towers sites, which are located in the Boerum Hill neighborhood of Brooklyn and the Upper East Side neighborhood of Manhattan, respectively. NextGen Neighborhoods, a NextGen NYCHA program, aims to build new residential units—50% affordable and 50% market-rate—on … <Read More>
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Public Housing Committee Holds Oversight Hearing on NYCHA Private Investment
NYCHA Chairwoman Shola Olatoye answered questions on the Triboro Preservation Partners agreement. On February 10, 2015 the City Council Committee on Public Housing held an oversight hearing on Triborough Preservation Partners, a public-private agreement between the New York City Housing Authority, L+M Development Partners, and BFC Partners. The venture was designed to rehabilitate six of NYCHA’s Section 8 properties containing nine hundred units: Bronxchester Houses, Saratoga Square, Campos Plaza, Milbank-Frawley, East 4th … <Read More>