City Partners Celebrate Opening of 168 New Affordable Apartments at the Elliott-Chelsea Development Elliott-Chelsea Is Latest Development Completed Under Partnership Between NYCHA and HPD to Develop Affordable Housing on Underutilized NYCHA Property
165,000 units of affordable housing by 2014. Since the plan’s inception, more than 129,600 affordable homes have been created or preserved. For more information, visit: www.nyc.gov/hpd.
About the New York City Housing Authority (NYCHA): NYCHA provides decent and affordable housing in a safe and secure living environment for low and moderate- income residents throughout the five boroughs. To fulfill this mission, NYCHA must preserve its aging housing stock through timely maintenance and modernization of its developments. NYCHA also administers a citywide Section 8 Leased Housing Program in rental apartments. Simultaneously, we work to enhance the quality of life at NYCHA by offering our residents opportunities to participate in a multitude of community, educational and recreational programs, as well as job readiness and training initiatives. For more information, http://www.nyc.gov/nycha.
About Artimus Construction, Inc.: With more than 30 years of construction and real estate development experience in New York City, Artimus is well respected as a successful construction and development company with expertise in affordable housing. Artimus’s growth stems from positive interaction with the community – the company seeks to engage and promote the neighborhoods they work in by working with local not-for-profit and governmental institutions, city agencies, subcontractors, and community groups. Artimus has constructed over two million square feet in new mid-rise and high-rise projects that include residential, commercial, retail, and mixed used properties. Some of their recent projects include: SoHa118 – A 91-unit, 14-story condominium at 8th Avenue and West 118th Street; Brownstone Lane II – A 54-unit 2-building complex between 8th Avenue and Manhattan Avenue at 119th & 120th Streets; 5th on the Park – a 204 unit mixed use building with a church, condo, and rental portion in one high rise structure; The Lenox – A 77-unit 12-story condominium; Susan’s Court – A 125-unit, 8-story luxury rental building at Manhattan Avenue and 120th Street; among others. Artimus fosters relationships by employing local contractors and contributing to the local trade schools. Artimus is committed to ensuring that each project respects the quality-of-life issues of its neighbors during and after construction. For more information, visit: www.artimusnyc.com.
About GF55 Partners: GF55 Partners is the partnership of David E. Gross, AIA, Leonard Fusco, AIA and Shay Alster, AIA dedicated to the practice of Architecture and Interior Design. Founded in 1984 as GF55 Architects, the firm offers a complete range of architectural design services. Based in New York City with an office in Miami Florida, GF55 has successfully completed projects throughout the United States. For more information, visit: www.gf55.com.
About Citi Community Capital: Citi Community Capital (CCC) is a premier financial partner with nationally recognized expertise in financing all types of affordable housing and community reinvestment projects. CCC's origination, structuring, asset and risk management staff across the country provides creative financing solutions designed to meet their clients' needs. CCC helps community development financial institutions, real estate developers, national intermediaries and nonprofit organizations achieve their goals through a broad, integrated platform of debt and equity offerings. Additional information may be found at www.citicommunitycapital.com.