Edgemere is located in Rockaway Beach along Beach Channel Drive and Rockaway Beach Boulevard between Beach 40th Street and Beach 45th Street. Edgemere Phase II built 80 single-family homes and 30 two-family homes.
Red Hook Homes will be the largest affordable home-ownership project in the neighborhood’s history.
Soon after the creation of the Housing Partnership, its Chairman, David Rockefeller, announces that he plans on starting 5,000 units of middle-income housing projects within a year and building 30,000 units over the following five years. This housing will be targeted to households with incomes between $15,000 and $45,000 a year and will be supported at the state and federal levels.
Housing Partnership celebrates its 30th year at the Waldorf Astoria, with special guest Deputy Mayor Robert Steel.
The Housing Partnership hired a New York City-based real estate consultant named Alvin Preiss to develop a marketing campaign. Previously, he had directed marketing campaigns for upper middle class and very wealthy residential developments.
Kathryn Wylde, the Housing Partnership’s President and CEO, is proud to provide housing and economic development opportunities to an historic area of Brooklyn. The $9.1 million dollar mixed-use development that started nearly 20 years ago will be made available to families earning $36,000 to $75,000 a year.
Construction is scheduled to begin in December 1984 on a project in Brooklyn where HPDC is collaborating with HUD and the City as part of the New Homes program. The project builder is Shnay Construction Company of Queens and the architect is Beyer Blinder Belle of Manhattan. The completed project will include 98 condominiums in 13 buildings, each being three and one-half stories in the traditional brownstone style. The buildings are located on four vacant city-owned sites on Fulton Street, Gates Avenue and Adelphi Street. The development’s construction will cost about $91,500 per unit can be purchased for approximately $67,000 per unit. Eligible buyers are households that have an income of no more than $48,000 per year. This is the 6th project of the goal to construct 5,000 owner-occupied housing units for the City’s moderate- to middle-income buyers by the end of 1987.
Despite much skepticism, the Housing Partnership has made progress in its goal to build 5,000 homes and rehabilitate 25,000 apartments for middle income families in New York City. Construction on HPDC’s first project is about to commence. The project is located in the neighborhood of Windsor Terrace, comprising 17 two-family homes in Brooklyn. The project will cost around $112,500.
- 17 two-family homes - Financed by Chemical (Now Chase) Bank - Completed 1984 - Developers: Mehrberg/Lee/Hoffman = Neighborhood Builder
Speaking on behalf of the New York City Partnership