HPD, HDC, Speaker Quinn, Workforce Housing, Morgan Stanley, JP Morgan Chase And Partners Announce $28.6 Million Deal To Rehab Four Troubled Bronx Buildings

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    By New York RealEstateRama -

    New York. NY – June 27, 2013 – (RealEstateRama) — NYC Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua, New York City Housing Development Corporation (HDC) President Marc Jahr, City Council Speaker Christine C. Quinn, Workforce Housing Advisors (WFHA), Morgan Stanley, JP Morgan Chase and partners today announced the beginning of what will be a substantial renovation of four of the most physically distressed multi-family buildings in the City. The buildings, which are located at 2239, 2241, 2323 and 2333 Creston Avenue in the University Heights section of the Bronx have a combined 120 apartments.

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