About Us – Projects

Upcoming Projects:

• 12/2010
  Calvary Grandparent Residence, Jamaica
  58 unit Senior/Grandparent Project with 9% Tax Credits (NYS DHCR), 9% State Tax Credits
  (NYS DHCR), Housing Trust Fund (NYS HTF) plus conventional financing $15.7M
• 12/2010
  LMSR II, Rochdale
  59 unit Senior Project with 9% Tax Credits (NYS DHCR) plus conventional financing $15M
• 09/2010
  Allen by the Bay, Far Rockaway
  66 unit Section 202 Senior Supportive

Recent Projects:

12/2007 Parkside Garden Villas, Hempstead 80 unit project with 4% “as-of-right” Tax Credits (NYS DHCR) $8M, plus Tax Exempt Bonds $10.5M		6/2005 Hallets Cove Apartments, Astoria 60 unit Senior project with 9% Tax Credits (NYC HPD) and conventional financing $8.5M
5/2007 Locust Manor Senior Residence, Rochdale 59 unit Senior Project with 9% Tax Credits (NYS DHCR) plus conventional financing $10.5M		4/2005 DeKalb Senior Apartments, LP, Brooklyn 28 unit Senior project with 9% Tax Credits (NYC HPD) and conventional financing $5.5M
12/2006 Terrace 100, Hempstead 420 unit Section 8 project with 4% Tax Credits (NYS DHCR) $14.8M, Rehab with Tax Exempt Bond of $28M		4/2005 Macedonia Senior Residence, Arverne 26 unit Senior project with 9% Tax Credits (NYC HPD) and conventional financing $5.5M
12/2006 Linden Boulevard, Jamaica 300 unit Section 8, Senior project with 4% Tax Credits (NYC HPD) $7.5M, Rehab with Tax Exempt Bond of $14M		3/2005 Astoria Senior Residence, LP, Astoria 99 unit Senior project developed with 9% Tax Credits (State) and conventional financing $13.5M
10/2006 Locust Manor Estates, Rochdale 60, Two & Three-Family Homes with conventional financing $18.7M		12/2004 St. Ann’s, Bronx 350 Co-op (9) based Section 8 acquisition, Rehab with HDC Tax Exempt Bonds and 4% Tax Credit Bonds $19.5M, Credits $5M
12/2005 Doctors Path Apartments, Riverhead 40 unit Section 8 project with 4% Tax Credits (NYS DHCR) $1.6M, Rehab with Tax Exempt Bond of $3M		12/2004 Brook and Brown, LP, Bronx 95 unit based Section 8 acquisition, Rehab with HDC Tax Exempt Bonds and 4% Tax Credit Bonds $9.1M, Credits $3M

LTD MANAGEMENT
Managed Projects:

Locust Manor Senior Residence Rochdale, Queens 59 Units		Dekalb Senior Residence Brooklyn 28 Units
Linden Blvd., (Allen Senior Citizens Apts) Jamaica, Queens 299 Units		Terrace 100 Apartments Hempstead 420 Units
Parkside Garden Villas Hempstead 80 Units		Doctors Path Apartments Riverhead 40 Units
Hallets Cove Apartments Astoria, Queens 60 Units		Astoria Senior Residence Astoria, Queens 99 Units
Macedonia Senior Residence Arverne, Queens 26 Units		208th Street Tenants Corp. Bronx 65 Units