Monadnock Development

Rendering of forthcoming affordable housing property at Stapleton Site A - Courtesy of Secchi Smith

HPD to Construct 360 Affordable Homes in Stapleton, Staten Island

New York City’s Department of Housing Preservation and DevelopmentMonadnock, Sisters of Charity Housing Development Corporation, and The Master Group to construct a new 100 percent affordable housing property in Stapleton, Staten Island. The development will create 360 new affordable homes with more than half designated for the formerly homeless, extremely-low, and very low-income households.

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Rendering of the rezoned Gowanus waterfront and public esplanade along Nevins Street - Gowanus Forward

New Renderings Reveal Proposed Gowanus, Brooklyn Waterfront Redevelopment Following ULURP Certification

Newly revealed renderings from Gowanus Forward illustrate an exciting future for the Gowanus Canal waterfront and the surrounding streetscape. From Gowanus Forward, a consortium of developers including Domain Companies, Monadnock, and PMG, the renderings show a drastically reinvigorated public thoroughfare with open green spaces, recreational boating, new benches, and a winding esplanade.

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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

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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