Department of Housing Preservation and Development | The Real Deal New York

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Department of Housing Preservation and Development

100 Gold Street
New York, NY 10038
(212) 863-6300
Website
mfnc@hpd.nyc.gov

The New York City Department of Housing Preservation and Development (HPD) is the municipal government agency, established in 1978, charged with protecting existing government-owned housing stock and expanding affordable housing. In practice, HPD is a city government-owned real estate development company that specializes in no-frills housing. The agency has more than 2,000 employees and an annual budget of a $1 billion. It administers 421a and Mitchell-Lama, tax breaks and subsidies that encourage private developers to build residential units priced below-market. Since 2014, Vicki Been has served as the departments commissioner.


10/16/18
...Monadnock Development, the East Brooklyn Congregations and the Department of Housing Preservation and Development filed plans in September for a 240-unit affordable rental development as part of the...

09/25/18
...The onus would fall on the city’s Department of Housing Preservation and Development. “We know they’re not doing it because the residents continue to complain and...

09/25/18
...else." Juliet Pierre-Antoine, a spokesperson for the city's Department of Housing Preservation and Development, noted that "many middle-income families struggle to pay rent or find affordable housing." "We're...

09/19/18
...conduct emergency repairs and maintenance. The city’s Department of Housing Preservation and Development is seeking more than $1 million from CitiMortgage, Wells Fargo and other home lenders who...

09/18/18
...mixed-use developments receiving $2 million or more from the Department of Housing Preservation and Development to give commercial tenants a lease of at least 10 years “with limited rental increases...

09/18/18
...received this $157 million loan from the city’s Department of Housing Preservation and Development for 90 Sands Street. The company bought the former Jehovah’s Witnesses building in Dumbo...

09/17/18
...an existing homeless shelter. The New York City Department of Housing Preservation and Development selected Hudson Companies’ proposal for the 146,000-square-foot development site at 288 Jackson Street with the...

09/13/18
...records from public sources, including ACRIS, the city Department of Housing Preservation and Development, the Department of Buildings and others. Silverstein Properties’ 3 World Trade Center Then we cross-referenced...

09/12/18
...mixed-use developments receiving $2 million or more from the Department of Housing Preservation and Development to give commercial tenants a lease of at least 10 years “with limited rental increases...

09/10/18
...as assistant commissioner at the New York City Department of Housing Preservation and Development for a year and a half, took over the AG’s Real Estate Finance...

09/07/18
...DiNapoli (Credit: Apartments and Getty Images) The city's Department of Housing Preservation and Development needs to keep a tighter leash on spending by Mitchell Lama developments, according to...

09/05/18
...units should be affordable. 2) 76 Dinsmore Place, Brooklyn The Department of Housing Preservation and Development filed plans for a roughly 275,000-square-foot mixed use project at this address last month...

09/05/18
...certification. Separately, projects that receive funding from the Department of Housing Preservation and Development must comply with the Enterprise Green Communities (EGC) program, a green building framework for...

...as assistant commissioner at the New York City Department of Housing Preservation and Development for a year and a half, took over the AG’s Real Estate Finance...

...records from public sources, including ACRIS, the city Department of Housing Preservation and Development, the Department of Buildings and others. Silverstein Properties’ 3 World Trade Center Then we cross-referenced...

...certification. Separately, projects that receive funding from the Department of Housing Preservation and Development must comply with the Enterprise Green Communities (EGC) program, a green building framework for...

08/31/18
...property had an active vacate order. The city's Department of Housing Preservation and Development issued the order on May 20, 2015 because the building was a "hazard for human habitation...

08/15/18
...East Side and Upper Manhattan. The city’s Department of Housing Preservation and Development granted Maine-based LIHC Investment tax abatements under the state’s Article XI that puts...

08/10/18
...mixed-use developments receiving $2 million or more from the Department of Housing Preservation and Development must give commercial tenants a lease of at least 10 years "with limited rental increases...

08/03/18
...with the city’s Department of Finance and Department of Housing Preservation and Development — never enforced the ruling. In 2015, ProPublica revealed that landlords accepting J-51 breaks charged market...

07/19/18
...projects that pay these wages. In March, the Department of Housing Preservation and Development suspended 421a benefits from more than 1,700 properties, claiming owners and developers didn't file for...

07/18/18
...current tenants. Libby Rohlfing, a spokeswoman for the Department of Housing Preservation and Development, told Politico that Third Party Transfer was a last resort but the most effective...

07/16/18
...and a grant from the New York City Department of Housing Preservation and Development. The only two loans in the Bronx that have been larger than this so...

07/16/18
...married to Maria Torres-Springer, commissioner of the city Department of Housing Preservation and Development. – Rich Bockmann  ...

07/09/18
...in subsidies and tax-exempt bonds from the city's Department of Housing Preservation and Development and the Housing Development Corporation for a project at 975 Tiffany Avenue. The joint venture...
  • Event Financing
  • Address 90 Sands Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Square feet 363,100
  • Price $ 157,000,000
  • Publication Date 09/04/2018
  • Event Date 08/31/2018
  • Party 1 Breaking Ground
  • Party 2 New York City Department of Housing Preservation and Development
notes
The lender issued an acquisition loan of $157 million for the Dumbo property.
  • Event Financing
  • Address 143 West 108th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 45,000
  • Price $ 54,600,000
  • Publication Date 08/13/2018
  • Event Date 08/08/2018
  • Party 1 The West Side Federation for Senior and Supportive Housing
  • Party 2 Department of Housing Preservation and Development
notes
The owner secured a construction loan of $54.6 million for the Upper West Side property.
  • Event Financing
  • Address 975 Tiffany Street
  • Neighborhood Longwood
  • Borough Bronx
  • Square feet 148,827
  • Price $ 55,000,000
  • Publication Date 07/09/2018
  • Event Date 07/09/2018
  • Party 1 Property Resources, Camber Property Group
  • Party 2 New York City Department of Housing Preservation and Development, Housing Development Corporation
notes
The owners secured a loan of $55 million for the Longwood property.
  • Event Financing
  • Address 340 West 85th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 51,520
  • Price $ 42,000,000
notes
The proposed Senior and Supportive Housing by its new owner, the West Side Federation, secured a loan of $42 million from the The NYC Department of Housing Preservation and Development.
  • Event Financing
  • Address Hamilton Heights
  • Neighborhood Hamilton Heights
  • Borough Manhattan
  • Publication Date 08/01/2007
  • Event Date 06/22/2007
  • Party 2 Community Preservation
notes
A $1.06 million loan was provided for the moderate rehabilitation of the property. The Department of Housing Preservation and Development provided additional financing of $1.5 million. six-story, 24-unit rental.
  • Event Retail Leasing
  • Address 133 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 4,700
notes
The property is being developed in conjunction with the New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, and the New York City Housing Partnership.
  • Event Retail Leasing
  • Address 143 Lenox Avenue
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 3,000
  • Publication Date 04/01/2006
  • Event Date 02/20/2006
  • Party 1 Bluestone Organization
  • Party 1 Brokerage CBRE
  • Party 1 Broker Matthew Gorman, Allison Winters
  • Party 2 Wachovia
  • Party 2 Brokerage Garrick-Aug Worldwide
  • Party 2 Broker Jonathan Krivine
notes
The property is being developed in conjunction with the New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, and the New York City Housing Partnership.
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...development. Through partnerships with developers, the city’s Department of Housing Preservation and Development, and the New York City Housing Authority spearheaded north of 2.5 million square feet of...

...budget for 2011 through 2014 slashed its allocation to the Department of Housing Preservation and Development by $70 million. "Resources have been more constrained than originally hoped for," said Lisa Gomez...
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