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NYC Department of Housing Preservation & Development
Press Room

Monday, July 9, 2012
MAYOR BLOOMBERG ANNOUNCES NEW COMPETITION TO DEVELOP INNOVATIVE APARTMENT MODEL FOR SMALL HOUSEHOLDS
Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua today launched the adAPT NYC Competition, a pilot program to develop a new housing model for the City’s growing small-household population. adAPT NYC seeks to create additional choices within New York City’s housing market to accommodate the city’s changing demographics. Currently New York City has 1.8 million one- and two-person households, but only one million studios and one-bedrooms. The design competition involves a Request for Proposals for a rental building composed primarily, or completely, of micro-units – apartments smaller than what is allowed under current regulations. New York City’s housing codes have not kept up with its changing population, and currently do not allow an entire building of micro-units. Under this pilot program, Mayor Bloomberg will waive certain zoning regulations at a City-owned site at 335 East 27th Street in the Kips Bay neighborhood of Manhattan to test the market for this new housing model. The Mayor made the announcement at the American Institute of Architects’ Center for Architecture and also was joined by Deputy Mayor for Health and Human Services Linda I. Gibbs, City Planning Commissioner Amanda Burden and Buildings Commissioner Robert LiMandri, whose agencies collaborated with the Department of Housing Preservation and Development on the creation of this design competition.




Thursday, July 5, 2012
HPD COMMISSIONER WAMBUA, ARTSPACE PROJECTS, INC, AND OPERATION FIGHTBACK ANNOUNCE $52.2 MILLION FOR CONSTRUCTION OF 90 NEW AFFORDABLE APARTMENTS IN EAST HARLEM
New York, NY - NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua joined Artspace Projects, Inc and Operation Fightback to announce that they have closed on $52.2 million in construction financing for the Artspace El Barrio @ P.S. 109 development. Located at 213 East 99th Street in Manhattan, Artspace El Barrio @ P.S. 109 will add 90 rehabilitated units of affordable housing to the East Harlem community. This project, which will be developed by Artspace and Operation Fightback, will transform a crumbling former school building into affordable low-income rental apartments with a community facility and creative space for the arts.




Friday, June 22, 2012
HPD COMMISSIONER WAMBUA, COUNCIL MEMBER RODRIGUEZ, CLOTH, ALEMBIC, ENTERPRISE, CAPITAL ONE BANK & CHASE ANNOUNCE $21.1 MILLION FOR REHAB OF INFAMOUS INWOOD BUILDING
Inwood – NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, Council Member Ydanis Rodriguez, Executive Director of Community League of the Heights (CLOTH) Yvonne Stennett, Director for Syndication, Enterprise Community Investment, Inc. Daniel Magidson, Alembic Community Development Principal Arlo Chase, and Capital One Bank Senior Vice President and New York Metro Region Executive Karim Hill announced $21.1 million to fund the extensive rehabilitation of the 72-unit building at 552 Academy Street in Inwood. CLOTH, a Washington Heights-based community nonprofit, is rehabilitating the property through a joint venture with Alembic. When complete, the rehabilitation will enable the families to return to newly renovated apartments at the existing affordable rents, and will provide previously unavailable amenities, including an elevator and a community room. Also in attendance were State Senator Adriano Espaillat, Assemblyman Guillermo Linares, Community Board 12 Chair Pamela Palanque-North, and President of the 552 Academy Street Tenants’ Association Iris Bertoni.




Monday, June 18, 2012
MAYOR BLOOMBERG, HUD SECRETARY DONOVAN, HPD COMMISSIONER WAMBUA, ROSE COMPANIES AND PHIPPS HOUSES ANNOUNCE GRAND OPENING OF VIA VERDE AFFORDABLE HOUSING DEVELOPMENT
Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan, Department of Housing Preservation and Development Commissioner Mathew M. Wambua, Housing Development Corporation President Marc Jahr, New York State Homes and Community Renewal Commissioner/CEO Darryl C. Towns, were joined by to cut the ribbon to mark the official opening of the Via Verde affordable housing development located at 700 Brook Avenue and East 156th Street in the South Bronx. Via Verde, a largely City-financed project that blends 151 rental units and 71 co-op units with innovative and sustainable green design elements, was the winning proposal to New York City’s first juried design competition for affordable and sustainable housing. The development is also the latest to be completed in the Administration’s efforts to rebuild the blighted South Bronx. The Mayor was joined at the announcement by Jonathan Rose Companies President Jonathan F. P. Rose, Phipps Houses President Adam Weinstein, JPMorgan Chase Chief Administrative Officer and Mortgage Banking CEO Frank Bisignano, Congressman Jose E. Serrano, State Senator Ruben Diaz, Sr., Bronx Borough President Rubin Diaz, Jr., and Council Member Maria del Carmen Arroyo.




Wednesday, June 13, 2012
DEPUTY MAYOR STEEL, HPD, HDC & WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING, INC ANNOUNCE FINANCING $25.2 MILLION FOR THE MODERATE REHABILITATION OF BORINQUEN COURT
New York, New York – NYC Deputy Mayor for Economic Development Robert K. Steel, the NYC Department of Housing Preservation and Development (HPD), NYC Housing Development Corporation (HDC) and West Side Federation for Senior and Supportive Housing (WSFSSH) announced the financing of Borinquen Court, a housing complex for low-income senior citizens and disabled tenants in the Mott Haven section of the South Bronx.




Friday, June 8, 2012
HPD COMMISSIONER WAMBUA, HCR COMMISSIONER TOWNS AND RELATED COMPANIES ANNOUNCE FINANCING FOR PERMANENTLY AFFORDABLE UNITS IN ANEW DEVELOPMENT NEAR THE HIGH LINE
NYS Homes and Community Renewal (HCR) Commissioner/CEO Darryl C. Towns, NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, and Bruce A. Beal, Jr., Executive Vice President of Related Companies announced that today they have closed on $240 million in construction financing for the 500 West 30th Street development. Located near the High Line, 500 West 30th Street will bring a total of 386 units to the Chelsea neighborhood of Manhattan, including 77permanently affordable units created through the City’s Inclusionary Housing program which will be reserved for low-income tenants. The project, which is being developed by Related Companies and Abington Properties, will include amenities such as a health club, party rooms and outdoor space for use by all tenants.




Thursday, June 7, 2012
NEW YORK STATE AND NEW YORK CITY SEEK TO DOUBLE SUPPORTIVE HOUSING FOR PEOPLE WITH SPECIAL NEEDS BY USING MEDICAID SAVINGS
New York, NY June 7, 2012: New York State Housing and Community Renewal (HCR) Commissioner/CEO Darryl C. Towns, New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua and New York City Housing Authority (NYCHA) Chairman John B. Rhea used the annual Supportive Housing Network of New York (SHNNY) conference to announce ajoint plan to dramatically increase the number of supportive housing units produced yearly while lowering Medicaid costs.




Tuesday, June 5, 2012
COUNCIL SPEAKER QUINN AND HPD COMMISSIONER WAMBUA ANNOUNCE LAUNCH OF CITY’S NEW AFFORDABLE HOUSING LOTTERY WEBSITE
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, City Council Speaker Christine C. Quinn, and Citywide Chief Information and Innovation Officer Rahul N. Merchant today announced the launch of the City’s new automated affordable housing lottery website. Beginning Tuesday, June 5th, New Yorkers will be able to fill out an online application and apply to two new affordable housing developments—one in Harlem and one in Queens—as the pilot phase for the system officially begins.




Thursday, May 31, 2012
DEPUTY MAYOR STEEL, HCR COMMISSIONER TOWNS, HPD COMMISSIONER WAMBUA, AND HDC PRESIDENT JAHR JOIN FIFTH AVENUE COMMITTEE AND PARTNERS TO CELEBRATE OPENING OF ATLANTIC TERRACE IN BROOKLYN
New York, NY – NYC Deputy Mayor for Economic Development Robert K. Steel, NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, NYC Housing Development Corporation (HDC) President Marc Jahr, NYS Homes and Community Renewal (HCR) Commissioner and CEO Darryl C. Towns, and other officials joined Michelle de la Uz, Executive Director of the Fifth Avenue Committee (FAC) today to announce the opening of Atlantic Terrace. Located at 212 South Oxford Street, the award-winning development creates 80 affordable, mixed-income co-op units in the Fort Greene neighborhood of Brooklyn.




Tuesday, May 29, 2012
ASSEMBLY SPEAKER SILVER, HPD COMMISSIONER WAMBUA, AND OFFICIALS JOIN RESIDENTS TO CELEBRATE BEGINNING $8 MILLION RENOVATION AND PRESERVATION OF AFFORDABILITY ATMASARYK TOWERS
New York, NY – NYS Assembly Speaker Sheldon Silver,NYC Department of Housing Preservation and Development (HPD)Commissioner Mathew M. Wambua, and other elected officials joined residents today to announcethe beginning of renovationsto Masaryk Towers, a six building Mitchell-Lama cooperative development located at 77 Columbia Street onManhattan’s Lower East Side. The funding provided by the City to Masarykwill enable the much needed renovations to take place in exchange for keeping its 1,110 co-opunits affordable to the existing tenants and extending the property’s obligation to stay in the Mitchell-Lama program for 30 more years.Also in attendance were State Senator Daniel SquadronandCity Council Member Rosie Mendez.



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