Real Estate and Community Development NEWS
April 24, 2018
Photo credit: Dattner Architechts An affordable housing lottery has opened up for LPC Warehouse, a mixed-use affordable housing project in Williamsburg, Brooklyn, right across from the Williamsburg Bridge. LPC Warehouse will provide 55 units of affordable housing, 4,000 square feet of retail space for a grocery store, and a 1,000 square foot community space. Construction is […]
March 28, 2018
Join our Managing Partner, David A. Goldstein and Senior Associate, Jason Labate at The Rooftops Conference NYC 2018. They will be speaking at Breakout Session D: Innovative Ideas for New York Real Estate. This panel will explore ways that nonprofits, including but not limited to community development corporations and affordable housing developers, are using innovative […]
February 28, 2018
Goldstein Hall is proud to have represented Habitat for Humanity NYC and Almat Group LLC in the acquisition and construction of the Sydney House affordable housing project. Sydney House – the first project through HPD’s Open Door program, is a 56-unit co-op building in the Bronx’s Williamsbridge neighborhood. The Open Door program is part of Mayor Bill de Blasio’s […]
September 14, 2017
GH staff recently served as project counsel to Lott Community Development Corporation in connection with the acquisition, construction, and financing of Lott Legacy Apartments – a scattered-site preservation project consisting of twenty-one buildings located in the East Harlem neighborhood of Manhattan. The project was developed in conjunction with MDG Design and Construction LLC through HPD’s […]
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 […]
September 14, 2017
GH represented BEC New Communities Housing Development Fund Company, Inc. for their affordable housing preservation project called BEC Phase II, which was co-developed in partnership with The Hudson Companies, Inc. This Year 15 preservation deal consolidated eleven portfolios, including 552 residential units and 12,546 square feet of commercial space. The project included buildings located throughout […]
September 14, 2017
GH Managing Partner David Goldstein, moderated a special program with Holly Leicht, former Regional Administrator for the US Department of Housing and Urban Development (HUD) in Region II. Holly provided information about her insights into HUD’s programs and Obama-era initiatives, as well as giving insights into her thoughts about the future of HUD. This was […]
September 14, 2017
GH participated in the NYS Association for Affordable Housing (NYSAFAH) 2017 Annual Conference as a sponsor, exhibitor, as well as creating and moderating a panel entitled: Stronger Together: Pooling Resources and Expertise. This panel outlined solutions created in response to challenges confronting certain sectors of New York’s affordable housing industry. The participating panelists outlined information […]
September 14, 2017
Goldstein Hall PLLC is proud to partner with LISC NYC and the NYCs Department of Housing Preservation and Development (HPD) on the newly created initiative called the New York Land Opportunity Program (NYLOP). This program provides free technical assistance to nonprofit organizations in NYC to assess the opportunities for developing affordable housing on their land, […]
September 14, 2017
By Peter Rivera, GH Senior Associate Recently we’ve seen an uptick in subpoenas from the NYC Comptroller’s Office addressed to owners and property managers who benefit from 421-a tax exemptions. They are looking to see whether property owners and managers are in compliance with the prevailing wage requirements pursuant to the statute. Do not get […]