BRONX GETS NEW PLAYERS IN AFFORDABLE HOUSING

A 75-unit complex in the Bronx Park South neighborhood will be purchased and renovated in a $15 million deal financed by a city bonds program. Theresa AgovinoPublished: July 7, 2011 – 1:45 pm A newly formed partnership dedicated to preserving affordable housing...

STARTUP EYES AFFORDABLE-HOUSING BUYING SPREE

Francine Kellman and Brian Raddock of Vitus Group are teaming up with BFC Partners to launch a new development company called Preservation Development Partners. Preservation Development Partners is seeking to acquire existing multifamily housing for low- and...
PUSHING PRESERVATION

PUSHING PRESERVATION

DEAL KEEPS 14 BUILDINGS AFFORDABLE By DONNA KIMURA NEW YORK CITY— Nearly 450 apartments in 14 buildings will remain affordable for decades to come under a new $75 million transaction.The buildings were part of the Harlem Congregations for Community Improvement,...
TRINITY REHABED

TRINITY REHABED

New York City Commercial Real Estate News By Lois Weiss Friday, June 08, 2012 – Preservation Development Partners, a joint venture of developers Donald Capoccia, Joseph Ferrara, Brandon Baron, Francine Kellman and Brian Raddock, has completed the $2.5 million...
PUSHING PRESERVATION

PUSHING PRESERVATION

By Donna Kimura NEW YORK CITY—Nearly 450 apartments in 14 buildings will remain affordable for decades to come under a new $75 million transaction. The buildings were part of the Harlem Congregations for Community Improvement, Inc. (HCCI), portfolio that was...