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NYC Department of Housing Preservation & Development
Press Room

Wednesday, July 8, 2009
MAYOR BLOOMBERG AND SPEAKER QUINN ANNOUNCE HOUSING ASSET RENEWAL PILOT PROGRAM
Mayor Michael R. Bloomberg and City Council Speaker Christine C. Quinn today announced a $20 million pilot program to turn unsold condominiums, unrented apartments and stalled construction sites into affordable housing opportunities for moderate- and middle-income families. Through the Housing Asset Renewal Program (HARP), the City will negotiate with developers and banks and provide financing to turn unsold or stalled units intended to be sold or rented at market rate into affordable housing. As many as 400 units could be converted as part of the pilot program, which was first proposed by Speaker Quinn in her State of the City speech. The program is part of the City’s New Housing Marketplace Plan to create affordable housing for 500,000 New Yorkers and the City’s Five Borough Economic Opportunity Plan to create jobs for New Yorkers today, implement a vision for long-term economic growth, and build affordable, attractive neighborhoods.




Tuesday, July 7, 2009
CITY AND STATE JOIN L+M DEVELOPMENT PARTNERS TO CUT RIBBON ON PROSPECT PLAZA
Brooklyn Borough President Marty Markowitz and New York State Housing Finance Agency (HFA) President and Chief Executive Officer Priscilla Almodovar today celebrated the completion of Prospect Plaza, a brand new 151-unit affordable housing complex in Ocean Hill-Brownsville. Also attending the ribbon cutting ceremony were NYC Department of Housing Preservation and Development (HPD) Deputy Commissioner for Development Holly Leicht and L+M Development Partners Executive Vice President Lisa Gomez. The creation of affordable housing in neighborhoods across New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today, implement a vision for long-term economic growth and build affordable, attractive neighborhoods.
PRESS RELEASE # 10-09




Wednesday, July 1, 2009
MAYOR BLOOMBERG ANNOUNCES CITY'S $100 MILLION ACQUISITION OF THE 30-ACRE HUNTER'S POINT SOUTH PARCEL
JUNE 25 – Mayor Michael R. Bloomberg announced the $100 million acquisition of 30 acres at Hunter's Point South in Long Island City. The site was acquired from the Empire State Development Corporation and the Port Authority of New York and New Jersey and will become the largest middle income housing development since the 1970's. This largely vacant land will accommodate 5,000 new units of housing, 60 percent of which will be reserved for moderate- and middle-income families. The project will also include more than 11 acres of landscaped waterfront parkland, new retail shops, community facility space and a new 1,100 seat high school. Expected to catalyze more than $2 billion in private investment and create more than 4,600 jobs, the first phase of the $175 million infrastructure and park design work will begin this fall. Joining the Mayor in Long Island City were Queens Borough President Helen Marshall, Assemblywoman Catherine Nolan, City Councilman Eric Gioia, Deputy Mayor Robert C. Lieber, Department of Housing Preservation and Development Commissioner Rafael Cestero, Parks and Recreation Commissioner Adrian Benepe, Economic Development Corporation President Seth Pinsky and School Construction Authority Executive Director Lorraine Grillo.




Tuesday, June 30, 2009
DEPUTY MAYOR LIEBER, HPD COMMISSIONER CESTERO, COUNCIL MEMBER BARRON AND EAST BROOKLYN CONGREGATIONS ANNOUNCE THE OPENING OF FIRST PHASE OF NEHEMIAH HOMES IN EAST NEW YORK
Deputy Mayor Robert C. Lieber today joined Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, East Brooklyn Congregations (EBC) Co-Chairman Reverend David K. Brawley, Department of Design and Construction (DDC) Commissioner David J. Burney, FAIA and Community Preservation Corporation (CPC) President and CEO Michael Lappin to celebrate the completion of the first phase of the new Nehemiah Homes located on a 227-acre site in East New York. Phase One, with 184 units, forms part of a new community that will include a total of 2,219 affordable homes, new streets, sewers and sidewalks, a public school and four parks. A 620,000-square-foot expansion of the existing Gateway Plaza shopping center is also planned. Nehemiah Houses at Gateway Estates is the culmination of a more than 20-year-long endeavor to transform a former landfill into new a new community. The creation of affordable housing in neighborhoods across New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today, implement a vision for long-term economic growth and build affordable, attractive neighborhoods. Also joining Deputy Mayor Lieber and Commissioner Cestero at the ribbon-cutting were Nehemiah HDFC General Manager Ron Waters, Reverend Johnny Ray Youngblood of EBC, Nehemiah Homes design architect Alexander Gorlin and Monadnock Construction Senior Vice President Peter Hansen.




Tuesday, June 23, 2009
NYCHA GENERAL MANAGER DOUGLAS APPLE TO JOIN HPD AS FIRST DEPUTY COMMISSIONER
June 23, 2009, New York, NY – Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today that Douglas Apple, General Manager of the New York City Housing Authority (NYCHA) will become HPD First Deputy Commissioner, effective September 1, 2009. In this new role, Mr. Apple will be responsible for day-to-day operations of the agency and leading the implementation of the Commissioner’s overall strategic vision.




Thursday, June 11, 2009
MAYOR BLOOMBERG ANNOUNCES PUBLIC CAMPAIGN TO HELP MORE NEW YORKERS GET FREE FORECLOSURE PREVENTION SERVICES
Mayor Michael R. Bloomberg today announced a new public campaign to encourage more New Yorkers to get the free legal assistance, mortgage counseling and education services that are available through the Center for NYC Neighborhood network of providers. While the program has been effective for those who have taken advantage of it, many New Yorkers who have suffered foreclosure filings have not sought the free help. The campaign will urge New Yorkers to call 311 and will highlight the confidentiality of the services. Mayor Bloomberg was also joined by Philadelphia Mayor Michael A. Nutter and NY ACORN President Pat Boone to highlight the success of the Philadelphia program that requires mandatory settlement conferences between lenders and homeowners and to urge similar steps be taken in states across the country. Increasing homeownership and helping New Yorkers avoid foreclosure is part of the City’s Five Borough Economic Opportunity Plan. Also joining the announcement, which took place at Legal Aid Society Queens Neighborhood Office in Kew Gardens, were Council Member Thomas White, Jr., Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Center for NYC Neighborhoods Executive Director Michael Hickey.




Tuesday, June 9, 2009
GOVERNMENT, PRIVATE AND NON-PROFIT PARTNERS CELEBRATE THE OPENING OF HISTORIC DEVELOPMENT FOR STATEN ISLAND SENIORS
June 9, 2009, Staten Island, NY – Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, together with Borough President James Molinaro and City Council Minority Leader James S. Oddo, joined the Domain Companies, the Arker Companies and Metropolitan Council on Jewish Poverty today to celebrate the historic and environmentally friendly restoration of two landmark buildings in Sea View, Staten Island, and to cut the ribbon on Staten Island’s premier independent living community for seniors. Also present at the ribbon-cutting were representatives of New York City’s Health and Hospital Corporation (HHC) and the New York State Energy Research and Development Authority (NYSERDA). The creation of affordable housing in neighborhoods across New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today, implement a vision for long-term economic growth and build affordable, attractive neighborhoods. It is estimated that the redevelopment at Sea View created 201 on-site, construction jobs, as well as 135 jobs throughout the five boroughs.
PRESS RELEASE # 08-09




Thursday, June 4, 2009
HPD ANNOUNCES SERIES OF HOMEOWNER EMPOWERMENT FAIRS FOR MONTH OF JUNE
NEW YORK – June is Homeowner Empowerment Month in New York City. To this end, the NYC Department of Housing Preservation and Development (HPD) is collaborating with Borough Presidents and community partners to host a series of Housing Fairs in Brooklyn, the Bronx, Staten Island and Queens. The theme of this year’s fairs is “The Fundamentals of Buying and Owning a Home.” Each event is planned to educate the public about HPD’s HomeFirst Down Payment Assistance Program, the home buying process and housing counseling available for first-time homebuyers. For current homeowners, information on low-interest loan programs and foreclosure prevention services provided by the Center for New York City Neighborhoods’ (CNYCN) network partners will be available.
PRESS RELEASE # 07-09




Thursday, May 28, 2009
HDC, HPD and YUCO Real Estate Celebrate the Opening of 1405 Fifth Avenue Apartments
NEW YORK, NY, May 28th, 2009 – Today, the New York City Housing Development Corporation (HDC), the New York City Department of Housing Preservation and Development (HPD) and YUCO Real Estate Company, Inc. (YUCO) celebrated the grand opening of 1405 Fifth Avenue Apartments, an 81-unit mixed-income development located in the East Harlem section of Manhattan. The creation of affordable housing in New York City is part of the City's Five Borough Economic Opportunity Plan to create jobs for New Yorkers today and implement a vision for long-term economic growth while strengthening and stabilizing neighborhoods in all five boroughs.




Wednesday, May 27, 2009
HPD AND BRIARWOOD ORGANIZATION CELEBRATE FINAL PHASE OF WATERS EDGE AT ARVERNE CONDOMINIUM
Queens, May 27, 2009 – The New York City Department of Housing Preservation and Development (HPD) joined The Briarwood Organization in celebrating the final phase of construction at the 210-unit Waters Edge development. The 40 two-family homes of the development’s first phase, completed in 2001, represented the first new housing built in the Arverne in over 25 years and the additional 130 middle-income condo units of Waters Edge at Arverne Condominium contribute to the continuing revitalization of an area that was once a thriving beach resort. The creation and preservation of affordable housing in neighborhoods across New York City is part of the City's Five Borough Economic Opportunity Plan to implement a vision for long-term economic growth. HPD and Briarwood were joined by Queens Borough President Helen M. Marshall; Marian Zucker, Executive Vice President of “nyhomes;” and representatives of J.P. Morgan Chase and the Housing Partnership Development Corporation (“The Partnership”).
PRESS RELEASE # 06-09



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