Recent News

Press Release – City Selects Team to Transform Historic Greenpoint Hospital into Affordable Housing

Shuttered since 1982, the revamped Greenpoint Hospital campus will include over 500 new homes for seniors, extremely low, and low income New Yorkers and a shelter.

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New Rentals Coming to Prospect-Lefferts Gardens

Blossoming on the southeastern edge of Prospect Park, in Prospect-Lefferts Gardens, is a rare sight: luxury apartment buildings. Over the years, development in the neighborhood has been scattered, which may have had something to do with lingering concerns about crime, according to developers, brokers and residents. But that image is outdated, they said.

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Brooklyn Rising: The innovative residential projects taking shape in the borough

Despite an underwriting environment that has tightened significantly, large-scale, inventive residential projects are still rising in Brooklyn, where developers and New Yorkers have flocked in droves over the last decade.

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La Central Groundbreaking (Video)

Watch a video about the groundbreaking at La Central in the Bronx.

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Burning down the big house

Redeveloping former jails sounds like a grim undertaking. But it’s happening more and more across the nation. After decades of skyrocketing prison rates — spurred by more stringent sentencing guidelines — the inmate population finally began dropping under President Barack Obama.

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