K&R News
PRESERVING AFFORDABLE
HOUSING IN AT-RISK MARKETS
HDC JOINS PRESERVATION DEVELOPMENT PARTNERS IN LAUNCHING PRESERVATION DEVELOPMENT PARTNERS’ FIRST AFFORDABLE HOUSING PROJECT
75-Unit Trinity Apartments in the Bronx Will Be Rehabilitated Under Mayor’s New Housing Marketplace Plan’s Long-Term Goal of Protecting Affordable Housing Stock New York, July 8, 2011 – The New York City Housing Development Corporation (HDC) and...
PRESERVATION DEVELOPMENT PARTNERS ACQUIRES $23.5 MILLION AFFORDABLE HOUSING COMPLEX IN SPRING VALLEY, NEW YORK
176-Unit Property Benefits from a Project-Based Section 8 Contract Which Will Ensure Its Rental Affordability for At Least the Next 20 years New York, August 6, 2012 – Preservation Development Partners, a joint venture of developers Donald Capoccia, Joseph...
PRESERVATION DEVELOPMENT PARTNERS ACQUIRES $15 MILLION AFFORDABLE HOUSING COMPLEX IN UPPER MANHATTAN
81-Unit Sinclair Houses in Hamilton Heights Will Receive a $2.3 Million Upgrade The Property Benefits from a Project-Based Section 8 Contract Which Will Ensure Its Rental Affordability for At Least the Next 20 Years New York, January 7, 2013 –...
PRESERVATION DEVELOPMENT PARTNERS ACQUIRES EAST RIVER APARTMENTS
179-Unit Complex in East Harlem to Remain Affordable for At Least 40 Years, Eliminating the Risk of Conversion to Market Rate Housing New York, January 4, 2012 – Preservation Development Partners, a joint venture of developers Donald Capoccia, Joseph Ferrara,...
PRESERVATION DEVELOPMENT PARTNERS IS LAUNCHED TO DEVELOP AND PRESERVE AFFORDABLE HOUSING
Urban developers Donald Capoccia, Joseph Ferrara, Brandon Baron, Francine Kellman and Brian Raddock embark on a joint multifamily venture New York, February 3, 2011 – Experienced urban developers Francine Kellman and her co-principal Brian Raddock, formerly of...
FIRM PAYS $36M FOR HARLEM COMPLEX, RENEWS SECTION 8 CONTRACT
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...