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NYC Department of Housing Preservation & Development
Press Room

Tuesday, May 7, 2013
HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT 50 NORTH FIFTH STREET, A NEW DEVELOPMENT WITH AFFORDABLE HOUSING
Brooklyn, N.Y.— New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Located near the Kent Avenue waterfront, 50 North 5th Street will add a total of 229 units to the Williamsburg neighborhood of Brooklyn, including 46 permanently affordable units created through the City’s Inclusionary Housing program which will be reserved for low-income tenants. Twenty-five percent of the 46 affordable units will be subject to the Sandy preference. These units are subject to a lottery managed by the developer and overseen by HPD.




Thursday, May 2, 2013
HCR, HPD, HDC, THE HUDSON COMPANIES AND CAMBA HOUSING VENTURES CELEBRATE GROUNDBREAKING OF PHASE II OF NEW GREEN AFFORDABLE HOUSING DEVELOPMENT IN THE SPRING CREEK SECTION OF BROOKLYN
Brooklyn, NY ¬— The NYC Department of Housing Preservation and Development (HPD), New York State Homes and Community Renewal (HCR), NYC Housing Development Corporation (HDC), joined The Hudson Companies, and CAMBA/CAMBA Housing Ventures today to celebrate the groundbreaking of the next phase of the energy- efficient, mixed-use, affordable housing Gateway Elton Street development in the Spring Creek section of Brooklyn. The new buildings will be located at 516 and 524 Vandalia Avenue, and 526 Schroeders Avenue. The three buildings totaling 175 affordable rental units comprise the second phase of the three phase development, will usurp Gateway Elton Street Phase I as having the largest solar energy system on a residential development in all of New York State. Combined with Gateway Elton Phase I, Hudson, Related and CAMBA will have installed in excess of 500,000 watts of renewable energy with the ultimate goal of 1 million watts at full completion. Gateway II will also be built to meet NYSERDA’s energy-efficiency standards and is projected to qualify for a LEED for Homes Platinum rating. Also attending the ceremony were Brooklyn Borough President Marty Markowitz, NYC Councilman Charles Barron, NYS Assembly Member Inez Barron, NYSERDA’s Project Manager for Multifamily Apartment Buildings, Dean Zias, and Housing Director - NYC Field Office of New York State Office of Mental Health, Caren Abate.




Wednesday, May 1, 2013
HPD COMMISSIONER WAMBUA ANNOUNCES SECOND PHASE OF MASSIVE HUNTER’S POINT SOUTH AFFORDABLE HOUSING DEVELOPMENT ON QUEENS WATERFRONT
NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced the release of a Request for Proposals (RFP) for Phase II of the Hunter’s Point South development area on the Queens waterfront. Phase II will encompass all of Parcel C, and will be a mixed-income development that may accommodate up to 1,000 new residential units, with approximately 50-60% designated as permanently affordable to working-class New Yorkers. The development will include retail space on 2nd street and Borden Avenue, and may also provide community facility space and residential parking on the site.




Monday, April 29, 2013
HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT HARLEM RIVER POINT NORTH, A NEW AFFORDABLE HOUSING DEVELOPMENT
New York, N.Y.— New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced that the agency continues the instituted 25 percent preference for units in City-subsidized affordable housing developments for income-eligible New Yorkers displaced from their homes by Hurricane Sandy. The newest development to be subject to the preference is Harlem River Point North, a new affordable housing development now being marketed in the East Harlem section of Manhattan. All units are subject to a lottery managed by the developer and overseen by HPD and the City’s Housing Development Corporation (HDC)




Tuesday, April 16, 2013
City and Partners Announce FAR ROC Design Competition To Explore Resilient and Sustainable Development In Waterfront Areas
April 16, 2013, New York – The New York City Department of Housing Preservation and Development (HPD), the development team of L+M Development Partners, The Bluestone Organization, and Triangle Equities, along with the American Institute of Architects New York Chapter (AIA New York) and Enterprise Community Partners, Inc. (Enterprise) today launched the two-phase “For a Resilient Rockaway” (FAR ROC) design competition at the Center for Architecture in New York City. The FAR ROC competition seeks exciting and innovative ideas for developing the 80+ acre Arverne East site into a comprehensive new mixed-use, mixed-income, sustainable and storm-resilient community that will meet the new physical and regulatory challenges of waterfront development while maintaining the balance between innovation and affordability




Thursday, April 4, 2013
HPD COMMISSIONER WAMBUA ANNOUNCES PREFERENCE FOR DISPLACED SANDY VICTIMS AT ST. NICHOLAS PARK APARTMENTS, A NEW AFFORDABLE HOUSING DEVELOPMENT
New York, N.Y.— New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest City-subsidized affordable housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Twenty-five percent of the units in St. Nicholas Park Apartments now being marketed in the Central Harlem section of Manhattan will be subject to the Sandy preference. All units are subject to a lottery managed by the developer and overseen by HPD.




Wednesday, April 3, 2013
HPD COMMISSIONER WAMBUA ANNOUNCES NEW MIXED-USE AFFORDABLE HOUSING DEVELOPMENT COMING TO MELROSE/HUB SECTION OF THE BRONX
Bronx, NY - NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua announced the release of a Request for Proposals (RFP) for two parcels of land in the Melrose/HUB section of the Bronx. The City-owned sites bordered by Bergen Street, Brook Avenue and East 149th Street will be developed to create mixed-income housing along with new commercial and/or community facility space, and open space. The site is one of the last large City-owned vacant lots in the South Bronx




Thursday, March 21, 2013
HPD, WORKFORCE HOUSING, BANANA KELLY, MONADNOCK CONSTRUCTION CELEBRATE REHAB OF FIVE FORMERLY DISTRESSED BRONX BUILDINGS
Bronx, NY - New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, Workforce Housing Advisors (WFHA) principal John Crotty, Banana Kelly Community Improvement Association President Harry De Rienzo, and Monadnock Construction President Nicholas Lembo celebrated the completion of the rehabilitation of the five formerly troubled Kelly Street buildings in the South Bronx, restoring 81 apartments and keeping them affordable to the New Yorkers who call them home. The previous owner, after refinancing the properties and incurring an unsustainable level of debt, allowed them to slide into such a deplorable state that all five were placed in HPD’s Alternative Enforcement Program (AEP), an initiative that annually targets the 200 most distressed buildings in the City for remediation. Subsequently, HPD commenced 7A proceedings in which it was successful in obtaining the appointment of Harry DeRienzo as the 7A administrator of the property. HPD, the development team, lenders and other partners were able to affect a change in ownership, and put in place a comprehensive rehab and financing plan that got the buildings back into good repair and into a stable financial situation for the long-term.




Wednesday, March 20, 2013
HPD COMMISSIONER WAMBUA CONTINUES PREFERENCE FOR DISPLACED SANDY VICTIMS AT EAST CLARKE PLACE COURT, A NEW AFFORDABLE HOUSING DEVELOPMENT
Bronx, N.Y.— New York City Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced the latest City-subsidized affordable housing development to offer preference to income-eligible New Yorkers displaced from their homes by Hurricane Sandy. Twenty-five percent of the units in East Clarke Place Court now being marketed in the Highbridge section of the Bronx will be subject to the Sandy preference. All units are subject to a lottery managed by the developer and overseen by HPD and the City’s Housing Development Corporation (HDC)




Tuesday, March 12, 2013
WORKFORCE HOUSING ADVISORS, HPD, CPC, SPEAKER QUINN, UHAB AND NEW YORK COMMUNITY BANK ANNOUNCE BEGINNING OF GUT REHAB FOR TROUBLED SOUTH BRONX BUILDINGS
NYC Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, Council Speaker Christine C. Quinn, Workforce Housing Advisors (WFHA), Community Preservation Corporation (CPC) President/CEO Rafael E. Cestero, the Urban Homesteading Assistance Board (UHAB), and New York Community Bank announced the beginning of what will be a gut renovation of two multi-family residential buildings in the South Bronx. Located at 539-541 East 147th Street in Bronx Community Board 1, the previous ownership had allowed the buildings to fall into severe physical and financial distress, forcing the tenants to live in deplorable conditions. As part of a comprehensive effort, Workforce Housing was able to purchase the buildings from New York Community Bank through the innovative “First Look” initiative, and recently closed on a $4.7 million financing package with HPD and CPC that will allow the properties to be renovated and which will also ensure that they remain affordable to the current tenants.



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