The $217.8M in financing represents progress towards the next step in the Alafia redevelopment project, which will bring 2,600 units of affordable housing, commercial and community space, a medical facility, a senior center, retail, and 20,000 sf of open and urban agriculture space to East New York upon completion.
The 17 story mixed-use development will include housing, an expanded public health care center and new public green space in the South Bronx, bringing housing, health care and community services together in one place.
This closing is a key milestone in the transformation of the former Lincoln Correctional Facility into a vibrant mixed-use building providing unprecedented affordable homeownership opportunities for individuals and families in the local community.
Work has officially begun at Arverne East Building D in the Far Rockaway neighborhood of Queens. Building D is the third phase of the transformative Arverne East master plan, a project that aims to be New York City’s first net-zero community and prioritizes sustainability and resiliency design elements.
The New Jersey Performing Arts Center’s (NJPAC) public art initiative commissioned 13 local artists to create site-specific, public works of art that will be installed in locations across NJPAC’s transformed 12-acre campus.
The Winston marks a major milestone in the long-term revitalization of the former Winchester Repeating Arms Company factory complex, transforming a previously underutilized surface parking lot into a vibrant five-story building that activates the site and delivers much needed housing and neighborhood-serving uses.
The team broke ground on Phase 1, which will include 327 new homes to be developed across three buildings and significant infrastructure development to reintegrate the site back into the city’s street grid. The redevelopment will revitalize the entire 12-acre West Philadelphia campus.
The milestone reflects deep collaboration with residents, NYCHA, and our project partners, as well as our shared commitment to strengthening this vibrant East Village community. With comprehensive apartment renovations, major building upgrades, reimagined outdoor spaces, and expanded resident services, this work will have a meaningful impact on 450 residents while preserving long‑term affordability.
Decades of planning culminate in this landmark milestone on the Queens’ Rockaway Peninsula, which will deliver 320 affordable rental and homeownership apartments, community amenities, and integrated resilient features.
River Commons, a mixed-use development consisting of 328 affordable and supportive homes, an approximately 43,000-square-foot public healthcare center and 6,000 square feet for community nonprofits, BronxWorks and African Communities Together, and 7,000 square feet of new public open space.