Representative Transactions >
The Corden, a housing project developed on land owned by the New York City Housing Authority and leased pursuant to the developer under a long-term ground lease. The apartment units will serve low-income individuals and families; thirty-seven units are set aside for formerly homeless tenants.
Developer: New Destiny Housing Corporation
Architect: Magnusson Architecture and Planning, PC
Contractor: D.P. Group General Contractors/Developers Inc.
Number of Units: 62
Financing: HPD/New York State Homeless Housing and Assistance Corporation/New York State Housing Trust Fund Corporation/Hudson Housing Capital LLC