by Martynas Siuksta | Apr 28, 2022 | News
A firm focused on preserving affordable housing has acquired a 179-unit Harlem complex for $36 million, Crain’s reported, and renewed its Section 8 contract. The complex, known as the East River Apartments, is comprised of five buildings at 109-125 East 130th Street...
by Martynas Siuksta | Apr 28, 2022 | News
Purchase of the five-building complex is the second for year-old Preservation Development Partners, which aims to buy and preserve affordable housing. A third deal is in contract. BY AMANDA FUNG Preservation Development Partners, a year-old firm focused on...
by Martynas Siuksta | Apr 28, 2022 | News
East River Apartments, 109-125 East 130th Street – Manhattan, NY Manhattan, NY Preservation Development Partners, a joint venture of developers Donald Capoccia, Joseph Ferrara, Brandon Baron, Francine Kellman and Brian Raddock, completed the rehabilitation of...
by Martynas Siuksta | Apr 28, 2022 | News
COMMERCIALOBSERVER Mortgage Beat By Alessia Pirolo 125 East 130th Street. An East Harlem building acquired with a $31.6 million loan consisting of tax-exempt-bonds issued by the City and credit enhanced by Freddie Mac will be kept affordable for the...
