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NYC Department of Housing Preservation & Development
Press Room

Saturday, February 8, 2014
MAYOR DE BLASIO APPOINTS LEADERSHIP AT MAJOR HOUSING AGENCIES, PROMISING TO TAKE ON NEW YORK CITY’S AFFORDABILITY CRISIS
NEW YORK—Mayor Bill de Blasio today announced four key appointments to his administration, pledging to expand access to affordable housing and upgrade the city’s aging public housing stock. The mayor laid out a range of strategies to reach those goals, including launching inclusive housing programs that serve both low-income New Yorkers and the middle class, developing innovative strategies to leverage new capital to spur housing production and preservation, and working across city agencies to maximize every opportunity to address the affordability issues facing New Yorkers




Tuesday, February 4, 2014
HPD COMMISSIONER VISNAUSKAS ANNOUNCES LIST BUILDINGS WITH 2,700 UNITS IN LATEST ROUND OF ALTERNATIVE ENFORCEMENT PROGRAM
New York, NY - New York City Department of Housing Preservation and Development (HPD) Commissioner RuthAnne Visnauskas released the new list of residential buildings that have been placed into the agency’s seventh round of the Alternative Enforcement Program (AEP). The AEP, which was originally signed into law in 2007, is aimed at increasing the pressure on the owners of the City’s most distressed multifamily residential buildings to bring the properties up to code so that the residents are not forced to live in substandard and hazardous conditions. This seventh round of AEP also marks an increase over the last two years in the number of larger buildings of 20 or more units that were selected to enter the program. With more large buildings and more units captured under AEP’s umbrella, thousands more New Yorkers will benefit from the stabilizing effects of increased enforcement and improved living conditions. Up to 200 buildings can be selected for inclusion in the program every year. The 187 buildings making the list in the seventh round marks the first time since the program’s inception that fewer than 200 buildings met the legally mandated requirements to be included in AEP.




Thursday, January 23, 2014
AFFORDABLE HOUSING OFFICIALS CELEBRATE START OF CONSTRUCTION ON FIRST PHASE OF 10-BUILDING RESIDENTIAL DEVELOPMENT IN THE CROTONA PARK EAST AND WEST FARMS NEIGHBORHOODS IN THE BRONX
Bronx, New York (January 23, 2014) – New York State Homes & Community Renewal (HCR) Commissioner/CEO Darryl C. Towns, NYC Department of Housing Preservation and Development (HPD) Commissioner RuthAnne Visnauskas and NYC Housing Development Corporation (HDC) Acting President and General Counsel Richard Froehlich today joined Signature Urban Properties, GTIS Partners, MBD Housing and Monadnock Construction, Inc. to announce that the initial phase of construction is officially underway on the first 237 affordable apartments of Compass Residences Development, a planned 1,300 unit affordable housing development which will transform a stretch of derelict industrial blocks into a vibrant residential neighborhood. The announcement was made during the official groundbreaking at the corner of 172nd Street and Boone Avenue, and was attended by several local elected officials and community leaders.




Wednesday, January 15, 2014
HPD, HDC AND PRESERVATION DEVELOPMENT PARTNERS ANNOUNCE THE RENOVATION OF ALBERT GOODMAN PLAZA A 4-BUILDING AFFORDABLE HOUSING COMPLEX IN THE BRONX
New York, January 15, 2014 – The New York City Department of Housing Preservation and Development (HPD), the New York City Housing and Development Corporation (HDC) and Preservation Development Partners announce the $41 million acquisition and financing for the rehabilitation of Albert Goodman Plaza, a four-building 252-unit complex in the Bronx. The property, which had fallen into disrepair under its previous owner, was acquired by Preservation Development Partners, a joint venture of developers Francine Kellman, Brian Raddock, Donald Capoccia, Joseph Ferrara, and Brandon Baron



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