1380 University Avenue

2629 Sedgwick Avenue

539-541 E. 147 Street

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Contact Us
5-14 51st AveLong Island CityNY 11101, USA     |     Phone: 212-682-2025     |     info@workforcehousinggroup.com

     Our Properties

539 & 541 East 147th Street Bronx, NY
  • 21 low-income units, 2 buildings
  • Status: Completed January 2015
  • Buildings were severely distressed and had been in various rounds of HPD’s Alternative Enforcement Program
  • Substantial rehab
  • Lender: Community Preservation Corporation
  • Financing: Bank loan, HPD loan
  • Not for Profit Partner: Urban Homesteading Assistance Board
In the news:
1380 University Ave, Bronx NY
  • 139 low-income units
  • Status: Substantially complete
  • Severely distressed
  • Substantial rehab
  • Lender: NYC Housing Development Corporation (HDC)
  • Construction Financing: JP Morgan Chase letter of credit, HDC Low-income Affordable Marketplace (LAMP) -- 4% tax credits
  • Not for Profit Partner: Urban Homesteading Assistance Board
  • Planned amenities: community room, playground and recreational space
In the news:
2239, 2241, 2323 & 2333 Creston Avenue, Bronx, NY
  • 120 low-income units, 4 buildings
  • Status: Completed May 2015
  • Buildings were severely distressed and had been in various rounds of HPD’s Alternative Enforcement Program
  • Substantial rehab
  • Permanent Lender: NYC Housing Development Corporation (HDC)
  • Constrution Financing: JPMorgan Chase letter of credit, HPD loan, HDC LAMP Preservation 4% Low Income Housing Tax Credits
  • Not for Profit Partner: New York City Housing Partnership
In the news:
2629 Sedgwick Avenue, Bronx NY
  • 30 market-rate units, 1 building
  • Status: Systems work in progress
  • Non-profit partner: Urban Homesteading Assistance Board
  • Lender: NYC Housing Development Corporation
In the news:
1520 Sedgwick Ave, Bronx, NY | ​“Birthplace of Hip Hop”
  • 102 low-income units
  • Status: Completed Fall 2013
  • Moderate rehab
  • Permanent Lender: NYC Employee Retirement System
  • Financing: Community Preservation Corporationl oan, HPD Loan, HUD NSP, Reso-A Loan from Council Member Helen Foster
  • Not for Profit Partner: Urban Homesteading Assistance Board
  • Amenities: community room, playground, elevated outdoor terrace


In the news
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 Lender: NYC Employee Retirement System
  • Construction Financing: JP Morgan Chase loan, HPD loan (Participation Loan Program), HUD NSP Funds -- 9% Low Income Housing Tax Credits
  • 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:
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
  • Status: Occupied, building envelope repairs in progress
  • Lender: NYC Dept. of Housing Preservation & Development (HPD)
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
  • Status: Occupied, building envelope repairs in progress
  • Lender: NYC Dept. of Housing Preservation & Development (HPD)

Putnam Avenue Cluster

Franklin Avenue Cluster

Creston Avenue