Housing Preservation and Development



Aerial view of 50 Penn at 50 Pennsylvania Avenue - Courtesy of Pennrose and RiseBoro Community Partnership

Developers Compete 50 Penn Affordable Housing Project at 50 Pennsylvania Avenue in East New York, Brooklyn

Developers and city officials recently celebrated the completion of 50 Penn, a 218-unit affordable housing property at 50 Pennsylvania Avenue in East New York, Brooklyn. Developed by Pennrose with design by Dattner Architects, the building’s residential collection includes include 56 studios, 96 one-bedroom, 48 two-bedroom, and 18 three-bedroom apartments.

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Rendering of the Trinity Reverend William James Senior Apartments at 1074 Washington Avenue - Curtis + Ginsberg Architects

Developers Complete $84M Affordable Housing Development for Seniors at 1074 Washington Avenue in Morrisania, Bronx

A new, mixed-use, affordable housing project for low-income seniors has debuted in the Morrisania section of The Bronx. Located at 1074 Washington Avenue, the Trinity-Reverend William James Senior Apartments is constructed on land formerly occupied by a vacant United Methodist church and today comprises a collection of 154 deeply affordable apartments, a 5,400-square-foot social services facility on the ground floor, and recreational amenity spaces for future occupants.

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Rendering of Flatbush Central

Developers, City Officials Celebrate Opening of Caton Flats at 800 Flatbush Avenue in Flatbush, Brooklyn

New York City mayor Eric Adams kicked off a weekend-long grand opening celebration for Caton Flats, a new mixed-use development with 255 affordable homes, a revitalized and expanded Flatbush Central Caribbean Marketplace, and 20,000 square feet of community space. Located at 800 Flatbush Avenue in Flatbush, Brooklyn, the development team includes BRP Companies, Urbane, the New York City Economic Development Corporation, the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC).

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