Housing Development Corporation


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Trinity Financial secures financing for affordable development in Brownsville

The New York Housing Development Corporation was the primary lender on roughly $83 million of city financing for the...

These were the top 10 outer borough loans in July

The most common sight on July’s list of top outer borough loans was the city’s Housing Development Corporation. The...

De Blasio wants monitors to oversee 1,200 privately-owned co-ops

Mayor Bill de Blasio is rolling out a plan two years in the making to impose strict new regulations...

City mulling big changes to HDFC rules

The city is considering implementing major rule changes governing Housing Development Fund Corporation co-ops before tax breaks sunset in 2029, and residents are nervous.

Head of city’s affordable housing finance agency to step down

Gary Rodney, the head of the city’s affordable housing finance agency, will step down in September, city officials said Thursday.

Phoenix Realty acquires trio of Bronx Mitchell Lama buildings

The Phoenix Realty Group will renovate a trio of Mitchell Lama apartment buildings in the Bronx through an agreement...

“Worst Landlords” list includes 33 HDFC co-ops

In the latest kerfuffle around city Public Advocate Letitia James’ “Worst Landlords” list, more than 30 self-managed co-ops managed...

Bergen Gardens

Bergen Gardens multifamily complex asking $58M

Victor Gartenstein’s six-building Bergen Gardens multifamily complex and an adjacent commercial space in Brooklyn’s Bergen Beach neighborhood are on the...

City’s affordable finance arm plans first CMBS deal

The city’s affordable housing finance unit is planning for the first time to issue bonds that will be packaged...

Income-restricted co-op listings languish

 Even in New York City’s red-hot residential market, listings with income restrictions are languishing.

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