K&R News
PRESERVING AFFORDABLE
HOUSING IN AT-RISK MARKETS
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
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...
PRESERVATION FIRM ACQUIRES SECOND NYC PROPERTY
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...