Real Estate and Community Development News
September 14, 2017
GH is working on a joint-venture new construction project for 1880 Boston Road, Bronx, NY with partners from Foxy Management, Alembic Community Development, and the Hebrew Home for the Aged at Riverdale. The project is a 100% affordable senior housing project comprised of 167 rental apartments totaling approximately $78 million in construction costs. Over the course of this development, the project will benefit from changes in zoning, which will facilitate a boost of 50+ units for the site. This complex project requires the construction work to be conducted with the residents in place, which necessitated the creation of a condominium structure. Niki, acting as the project’s legal counsel, negotiated with the owner, lessee, lessee’s stakeholders, lenders, and agencies to develop an agreement related to the air rights, construction, and operation of the Project. The development project received credit enhancements and/or financing by: TD Bank, N.A., the NYC’s Housing Development Corporation and Department of Housing Preservation and Development, and the Hon. Councilperson Salamanca. Raymond James provided tax credit equity for the development. The project was also partially subsidized through HOME funds, as well as Section 8 vouchers administered by NYC Housing Authority. SLCE served as project architect.
Real Estate and Community Development News
April 24, 2018
Goldstein Hall represents joint venture in new affordable housing complex in Williamsburg, Brooklyn
March 28, 2018
Managing Partner, David A. Goldstein and Senior Associate, Jason Labate will be Speaking at the Upcoming Rooftops Conference
February 28, 2018
Goldstein Hall Represented Habitat for Humanity NYC and Almat Group LLC On The First Closing Under The HPD Open Door Program
September 14, 2017
Lott Legacy Apartments
September 14, 2017
BEC Phase II
September 14, 2017
GH’s HUD Round Table Discussion
September 14, 2017
NYSAFAH ‘House NY 2017’ Panel
September 14, 2017
GH Participates in LISC NYC’s New York Land Opportunity Program
September 14, 2017
Are You In Compliance With 421-a Prevailing Wage Requirements?
June 13, 2017
Goldstein Hall participates on NPCNYS podcast, talking about the JOE, Joint Ownership Enitity