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NYC Department of Housing Preservation & Development
Press Room

FOR IMMEDIATE RELEASE

October 24, 2002

Press Contacts:
Cara Marino/Robert J. Barletta
The Marino Organization Inc.
(212) 889-0808

BROOKLYN'S OCEAN HILL WELCOMES NEW AFFORDABLE HOMES

Housing Officials, Community Leaders and Neighborhood Residents Celebrate Completion of 45 Affordable Two-Family Homes

Brooklyn, NY, Oct. 24, 2002 - First-time homeowners, local residents and public officials today celebrated the completion of 45 new, affordable, two-family homes developed through the New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Partnership in the Ocean Hill section of Brooklyn. Borough President Marty Markowitz, Assemblyman William F. Boyland and Councilwoman Tracy Boyland attended a ribbon-cutting ceremony to celebrate completion of the homes located on Prospect Place between Howard and Ralph Avenues. During the ceremony, the development was renamed the Evelyn Burns Homes at Oceanhill North in honor of the late community leader who fought for revitalization and affordable housing in Ocean Hill.

Suna/Levine Industries, Inc. served as developer of the $12.3 million Partnership New Homes project. The homes sold for an average of $214,961 to buyers with household incomes between $34,000 and $75,000. The community sponsors were Berean Baptist Church and the Astella Development Corporation. The New York State Affordable Housing Corporation provided $765,000 in funding, while $900,000 came from a New York City loan subsidy. JPMorgan Chase Community Development Corporation provided an $8.2 million construction loan.

HPD Deputy Commissioner Kimberly Hardy said, "Evelyn Burns Homes stands with the more than 1,600 ownership units already developed in this community through HPD-sponsored housing construction. The Ocean Hill neighborhood has been reborn through the commitment of these homeowners who want a quality place to live with shops and services nearby and a safe place for their children to play."

"We are committed to rebuilding entire neighborhoods," said George Armstrong, president and CEO of the New York City Housing Partnership. "Evelyn Burns Homes is another successful example of our public-private partnership providing affordable, quality homes for New Yorkers and improving the economy and health of the Ocean Hill neighborhood."

"These homes demonstrate the positive impact affordable homes can have on a community," said Stuart Match Suna, principal of Suna/Levine Industries, Inc. "The Evelyn Burns Homes have made homeownership a reality for dozens of families and will strengthen the community as a whole."

"The New York State Affordable Housing Corporation is committed to helping hard working New Yorkers become homeowners," said Stephen J. Hunt, president and CEO of AHC. "AHC's grant of $765,000 is an investment not only in the families who will become first-time homeowners, but in the Ocean Hill neighborhood as well."

Oceanhill West, a similar affordable housing development adjacent to the Evelyn Burns Homes is currently under construction. Oceanhill South and Oceanhill East will be coming to the area in the near future.

Each two-story brick home includes a three-bedroom owner's unit with wall-to-wall carpeting and private rear yard, as well as a two-bedroom renter's unit.

Evelyn Burns lived in the Ocean Hill community for more than 50 years. She was a member of Community Board 16 from 1976 to 1995 and supported many affordable housing initiatives. Mrs. Burns was involved in numerous other community organizations including the Missionary Board of the New Frontier Baptist Church, Parent Teacher Association, and Prospect Plaza Tenants Association.

Suna/Levine Industries, Inc. is the partnership of developers Jeffrey E. Levine and Stuart Match Suna. In addition to developing properties, Mr. Levine serves as president of Queens-based contractor Levine Builders. Mr. Suna also is president of Silvercup Studios in Long Island City, and partner in Metro Management Development, Inc., a real estate management firm.

HPD's mission is to promote quality housing and viable neighborhoods for New Yorkers. The department is the nation's largest municipal housing development agency. Since Fiscal Year 1987, the agency has completed the construction or rehabilitation of nearly 180,000 units of affordable housing. To request a Homeownership Kit, call HPD's Information Line at (212) 863-8000. For more information about affordable rental housing, call HPD's Affordable Housing Hotline at (212) 863-5610 or log on to www.nyc.gov/hpd.

The New York City Housing Partnership promotes development of affordable housing, revitalization of neighborhoods and expanded participation by local residents and entrepreneurs in the economic benefits of community development. The Housing Partnership was established in 1982 by the New York City Partnership & Chamber of Commerce (www.nycp.org) and has since constructed or rehabilitated more than 20,000 units of affordable housing.




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