Housing Development Fund Corporation

The Eliza Nears Completion at 4790 Broadway in Inwood, Manhattan 

8:00 am on February 14, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on The Eliza, a 14-story all-affordable residential building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and Andrew Berman Architect and developed by the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York Public Library (NYPL), the structure will yield 174 rental units in studio- to three-bedroom layouts, a public library, a preschool, and community facilities. Ranger Properties LLC is listed as the owner and Mega Contracting Group is the general contractor for the property, which is located on an interior rectangular parcel between Dyckman and Academy Streets. The project is named in honor of Eliza Hamilton, the wife of Alexander Hamilton.

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35 Commercial Street Completes Construction in Greenpoint, Brooklyn

8:00 am on August 19, 2023 By Michael Young and Matt Pruznick

Exterior work is complete on 35 Commercial Street, a 22-story affordable housing building in the Greenpoint Landing mega-complex in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC), the structure will yield 374 permanently affordable apartments and 7,600 square feet of lower-level retail space. Monadnock Construction is the general contractor for the property, which is bound by Commercial and Clay Streets to the south and Bell Slip to the west.

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35 Commercial Street Tops Out in Greenpoint, Brooklyn

8:00 am on August 20, 2022 By Michael Young

Construction has topped out on 35 Commercial Street, a 22-story residential building in the Greenpoint Landing master plan in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC), the 344,463-square-foot structure will yield 373 affordable housing units spread across 311,471 square feet, as well as 7,600 square feet of commercial space. Monadnock Construction is the general contractor for the property, which is located at the intersection of Bell Slip to the west and Commercial and Clay Streets to the south.

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Rendering of Wise Towers - Permanent Affordability Commitment Together [PACT]

NYCHA, Affordable Housing Groups, and Private Developers Forge $271M Deal to Upgrade Public Housing Throughout Manhattan

7:30 am on December 5, 2020 By Sebastian Morris

The NYCHA has revealed plans to significantly renovate and repair its aging portfolio of affordable housing properties in a deal valued at $271 million. Referred to as PACT, or Permanent Affordability Commitment Together, the consortium of public and private entities has committed to renovations on 16 individual buildings including 1,718 apartments throughout Manhattan.

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