New York City Department of Housing Preservation & Development

James H. Simmons III
Finance  ·  Players
New York City

Asland Capital’s Bond With Goldman Sachs Spearheads New Housing Fund

By Andrew Coen
Premium
The city has only completed one affordable co-op project since launching the program to finance them in 2018.
Development  ·  Policy
New York City

NYC Slowly Builds a New Generation of Limited-Income Co-Ops

By Rebecca Baird-Remba
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January 18, 2022- Governor Kathy Hochul presents fiscal year 2023 Executive Budget in the Red Room of the Capitol.
Policy
New York City

Real Estate Optimistic About New York’s 421a Tax Changes

By Celia Young
Premium
Big affordable projects like La Central in the South Bronx may be delayed after the City Council cut the budget for the city's housing department.
Development  ·  Policy
New York City

Affordable Developers Worry About Building More Housing Amid Budget Cuts

By Rebecca Baird-Remba
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Finance  ·  Refinance
New York City

Capital One Refis Upper Manhattan Apartment Building With $46M HUD Loan

By Matt Grossman
Premium
TF Cornerstone is developing a new mixed-use project in Long Island City.
Finance  ·  Construction
New York City

TF Cornerstone Nabs $707M Financing From HPD for LIC Assemblage [Updated]

By Mack Burke and Matt Grossman
Premium
90 Sands Street.
Finance  ·  Acquisition
New York City

Developer Nabs $157M in Financing for Former Jehovah’s Witnesses Building in Brooklyn

By Matt Grossman
Premium
The Paul Robeson Houses. Photo:
Investments & Sales
New York City

LIHC Investment Group Buys Harlem Buildings for $17M

By Nicholas Rizzi
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975 Tiffany Street.
Finance  ·  Construction
New York City

Bronx Affordable Housing Developers Nab $55M in Construction Financing

By Rebecca Baird-Remba
Premium
A rendering of The Grand.
Finance  ·  Construction
New York

Thorobird Wins $65M in Public Bonds for Bronx Supportive Housing Plan

By Matt Grossman
Premium
The proposed redevelopment of the Bedford Union Armory in Crown Heights will include rentals, condos and a rec center.
Development  ·  Urban Planning
New York City

Controversial Bedford Union Armory Project Gets City Council Approval

By Rebecca Baird-Remba
Premium
Scott Metzner of Janus Property Company in his office at 423 West 127th Street in Harlem.
Players
Harlem

Meet Scott Metzner, the Developer Who’s Transforming Industrial West Harlem

By Rebecca Baird-Remba
Premium
Governor Cuomo. Photo: Chris Hondros/Getty Images
Development  ·  Policy
New York City

Albany Resurrects the 421a Tax Exemption

By Rebecca Baird-Remba
Premium
Several Brooklyn neighborhoods qualify for the loan facility. Photo: Kaitlyn Flannagan/Commercial Observer.
Finance
New York City

Goldman, Community Preservation Corp. Line Up $70M Loan Facility for Affordable Housing

By Danielle Balbi
Premium