by Martynas Siuksta | Apr 28, 2022 | News
By DONNA KIMURA Preservation Development Partners has acquired its second property, a 179-unit apartment complex in East Harlem that will remain affordable for another 40 years. The total development cost of the occupied complex is $50 million, including the...
by Martynas Siuksta | Apr 28, 2022 | News
BY MARINE COLE Partnership that brings together former government housing expert and developers is on the prowl for distressed middle- and low-income multifamily properties. A new Manhattan-based firm focused on acquiring and preserving affordable housing hopes...
by Martynas Siuksta | Apr 28, 2022 | News
By GlobeSt News Hub | New York NEW YORK CITY-Preservation Development Partners, a newly established venture, has completed its first acquisition by purchasing the Trinity Apartments, a 75-unit apartment complex located in the Bronx, for $9.8 million. The...
by Martynas Siuksta | Apr 28, 2022 | News
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...
by Martynas Siuksta | Apr 28, 2022 | News
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...
by Martynas Siuksta | Apr 28, 2022 | News
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,...
