1380 University Avenue | Bronx, NY

916, 920, 924, 928 & 935 Kelly Street, Bronx NY
  • 81 low-income units, 5 buildings
  • Status: Completed Spring 2013
  • Buildings were severely distressed; upon acquisition 3 out of 5 buildings were in HPD’s Alternative Enforcement Program 
  • Permanent  & Construction Financing: NYC Employee Retirement System, Morgan Stanley, JP Morgan Chase loan, HPD loan (Participation Loan Program), HUD NSP Funds -- NEF Tax Credit Equity
  • Development Partners: Banana Kelly Community Improvement Association, Inc. and Monadnock Construction
  • Amenities: community garden, green roof and gray-water filtration system in partnership with GrowNYC
  • Programs: Kelly Street Garden, Kelly Street Initiative in collaboration with The Laundromat Project, and additional programs with Banana Kelly Community Improvement Association, Inc. and other local organizations



In the news:
1520 Sedgwick Ave, Bronx, NY | ​“Birthplace of Hip Hop”
  • 102 low-income units
  • Status: Completed Fall 2013
  • Moderate rehab
  • Construction & Permanent Financing : NYC Employee Retirement System, Morgan Stanley, CPC, NYC HPD Loans, Reso-A Loan from Council Member Helen Foster and NSP
  • Not for Profit Partner: Urban Homesteading Assistance Board
  • Amenities: community room, playground, elevated outdoor terrace


In the news

Miller Avenue | Brooklyn, NY

     Our Properties

Creston Avenue | Bronx, NY

660 & 668 Madison Street | 186-88, 201 & 205 Malcolm X Boulevard | 796 & 828 Putnam Avenue | 721 & 723 Hancock Street | 680, 684 & 768 Jefferson Avenue
  • 118 low-income units; 12 buildings
  • Rehab type: Building envelope
  • Status: Completed
  • Lender: NYC Dept. Housing Preservation & Development (HPD)

Putnam Avenue Cluster | Brooklyn, NY

Dix Avenue | Far Rockaway, NY

Kelly Street | Bronx, NY

539-541 E. 147 Street | Bronx, NY

Contact Us
5-14 51st AveLong Island CityNY 11101, USA     |     Phone: 212-682-2025     |     info@workforcehousinggroup.com
55, 57, 61 Ravine Avenue, Yonkers, NY 
62, 68, 74 Warburton Avenue, Yonkers, NY 
2-8 Hudson Street, Yonkers, NY
2 Main Street, Irvington, NY

  • 139 units; 8 buildings
  • Status: Phase 1 of 2 underway
  • Rehab type: Moderate rehab
  • Construction Financing: JPMorgan Chase letter of credit,
  • NYS Housing Finance Agency (HFA) loan, 4% tax credits,
    ​NYS Attorney General funds
  • ​Not-for-profit partner: Urban Homesteading Assistance Board

2629 Sedgwick Avenue | Bronx, NY

Copyright © Workforce Housing Group. All rights reserved.

693-697, 786 Franklin Avenue | 611 & 1405 St. John’s Place | 572 Prospect Place | 552 St. Mark’s Place | 
582 Sterling Place | 992 Bergen Street
  • 97 low-income units; 10 buildings
  • Rehab type: Building envelope
  • Status: Completed
  • Lender: NYC Dept. Housing Preservation & Development (HPD)

Westchester Cluster | Yonkers, NY & Irvington, NY

539 & 541 East 147th Street Bronx, NY
  • 21 low-income units, 2 buildings
  • Status: Completed January 2015
  • Substantial rehab
  • Buildings were severely distressed and had been in various rounds of HPD’s Alternative Enforcement Program
  • Lender: Community Preservation Corporation
  • Financing: Bank loan, HPD loan
  • Not for Profit Partner: Urban Homesteading Assistance Board
In the news:
2229, 2237, 2245, 2251 & 2259 Dix Avenue,
Far Rockaway, NY

  • 130 units; 5 buildings
  • Status: Building stabilization underway
  • Lender: NYC Distressed Multifamily Fund
  • ​Not-for-profit partner: Urban Homesteading Assistance Board

Franklin Avenue Cluster | Brooklyn, NY

2629 Sedgwick Avenue, Bronx NY
  • 30 market-rate units, 1 building
  • Status: Systems work completed
  • Lender: NYC Housing Development Corporation (HDC)
  • ​Non-profit partner: Urban Homesteading Assistance Board
In the news:
433 & 437 Miller Avenue, Brooklyn, NY
  • 25 units; 2 buildings
  • Status: Building stabilization underway
  • Lender: NYC Distressed Multifamily Fund
  • Not-for-profit partner: Urban Homesteading Assistance Board
2239, 2241, 2323 & 2333 Creston Avenue, Bronx, NY
  • 120 low-income units, 4 buildings
  • Status: Completed May 2015
  • Substantial rehab
  • Buildings were severely distressed and had been in various rounds of HPD’s Alternative Enforcement Program
  • Permanent & Construction Financing:  NYC Housing Development Corporation, Morgan Stanley, JP Morgan Chase, NYC HPD , NEF Tax Credit Equity ​
  • Not for Profit Partner: New York City Housing Partnership
In the news:
1380 University Ave, Bronx NY
  • 139 low-income units
  • Status: Completed May 2017
  • Severely distressed
  • Substantial rehab
  • Lender: NYC Housing Development Corporation (HDC)
  • Permanent and Construction Financing: NYC HDC, Morgan Stanley, JP Morgan Chase, NEF Tax Credit Equity
  • Not for Profit Partner: Urban Homesteading Assistance Board
  • Planned amenities: community room, playground and recreational space
In the news: