Preservation Projects
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Longfellow Union Cluster
In 2018, Bronx Pro Group and Avante Development were selected by HPD’s Affordable Neighborhood Cooperative Program (ANCP) to transform four distressed Bronx properties (774 Union Ave, 993-995 Union Ave, and 1042 Longfellow Ave) into permanently affordable, low-equity HDFC cooperatives. The buildings—previously under HPD’s TIL Program—are undergoing full rehabilitations, including complete unit rebuilds with new kitchens, baths, and modernized plumbing, electrical, and security systems (intercoms and electronic key card access). Exteriors have been restored with repaired facades, energy-efficient windows, and code-compliant insulation, while shared spaces—lobbies, hallways, and rear yards—are being upgraded for resident safety and comfort.
The project prioritizes sustainability and innovative financing, targeting Enterprise Green Communities certification through high-efficiency zoned heating systems, new boiler plants, and eco-conscious materials. With a total development cost of $32.8 million, funding combines HPD capital, an AHC grant, and private financing via CPC, ensuring long-term affordability while delivering quality, energy-conscious homes for the community.
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Central Harlem Cluster
Bronx Pro Group partnered with Precise Management to undertake a substantial renovation of six Harlem buildings, preserving 125 units of affordable housing. Three buildings were owned by NYC HPD, while two were held by Neighborhood Restore, a local nonprofit. The sustainable renovation modernized all major building systems and installed new kitchens and bathrooms, completed in two phases by 2021. Financed through 9% Low-Income Housing Tax Credits and HPD’s PLP Program, the $37.5 million project ensures long-term affordability while elevating living standards for residents.
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BPG Properties 1
In 2020, Bronx Pro completed a $38.6 million Year 15 renovation of its first two LIHTC developments—University Avenue LP and 168th Street LP—originally built under HPD’s Neighborhood Entrepreneurship Program. Though gut-renovated in the early 2000s, these 301 units received critical upgrades to enhance sustainability, resiliency, and tenant comfort. The project addressed pressing capital needs while modernizing the building envelope with new roofs, UPVC windows with air/vapor barriers, and added rigid foam insulation.
Inside, apartments now feature LED lighting, Energy Star appliances, and high-efficiency toilets (HET). Larger properties gained condensing boiler plants and air-to-water heat pumps with HEATSWITCH controls, while 1109 Clay Avenue and 30 Buchanan saw hydronic baseboard heating with zoned thermostatic controls. Solar PV panels at 30 Buchanan further advanced the portfolio’s energy efficiency, ensuring long-term affordability and reduced operational costs.
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1641 Andrews Ave
Acquired through NYC’s Third-Party Transfer program, 1641 Andrews Avenue underwent a $9 million transformation to revitalize 60 affordable homes in Morris Heights. The comprehensive renovation modernized every unit with new kitchens and bathrooms while upgrading all building systems for reliability and efficiency. Energy-saving fixtures and equipment were installed throughout, reducing long-term costs for residents.
Financed through a collaboration with Community Preservation Corporation (CPC), HPD’s PLP program, and Freddie Mac, this project preserves high-quality, sustainable housing for the neighborhood—delivering both immediate improvements and lasting value.
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G & M Properties Phase 1
In 2013, Bronx Pro partnered with the original owner to preserve 449 units of affordable housing across 10 multifamily properties in the Bronx. Phase 1 of this $86.3 million initiative was financed through HPD’s PLP program, with construction lending from JPMorgan Chase and developer equity.
Phase 2 expanded the preservation effort, utilizing 9% Low-Income Housing Tax Credits allocated by HPD, additional PLP subsidies, and a permanent loan from Enterprise Community Partners. Together, these strategic financing solutions ensured the long-term affordability and sustainability of these vital homes for the community.
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G & M Properties Phase 2
Bronx Pro partnered with original owner Anthony Gazivoda to substantially rehabilitate 181 units across five Bronx buildings, preserving critical affordable housing stock. This $42 million revitalization was financed through a collaborative funding structure featuring 9% Low-Income Housing Tax Credits (allocated by HPD and syndicated by Enterprise Community Investments), combined with HPD's PLP program financing and construction/permanent loans from JPMorgan Chase. The comprehensive renovation modernized living spaces while maintaining long-term affordability for residents.
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1479 Macombs Road
In 2012, Bronx Pro transformed a severely distressed apartment building in the Tremont neighborhood of the Bronx, rescuing this 72-unit elevator building from structural disrepair. The $14 million comprehensive renovation addressed critical structural needs - including complete beam and joist replacement - while modernizing every apartment with new kitchens, bathrooms, and building systems. The team restored the property's original decorative brick façade, preserving its historic character. Financed through HPD's PLP program, a NYCERS permanent mortgage, and developer equity, the project was completed in May 2015, delivering renewed safe, quality housing to the Bronx community.
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Davidson Avenue Cluster
In 2011, Bronx Pro revitalized six distressed properties along Davidson and Monroe Avenues through HPD’s Third-Party Transfer (TPT) Program, preserving 185 units of affordable housing in the West Bronx. The $25.1 million renovation addressed long-neglected conditions, modernizing apartments and upgrading building systems to ensure safe, sustainable living spaces. Financed through HPD’s PLP program, a NYCERS permanent mortgage, and developer equity, the project was completed in March 2012—delivering renewed stability to the neighborhood.
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University Macombs Apartments (3 Phases)
Bronx Pro transformed 12 former NYCHA properties and delivered one new construction building, creating 494 revitalized affordable homes across three strategic phases. This $73.4 million initiative modernized every unit with upgraded apartments and new building systems, while pioneering sustainability through energy-efficient fixtures and a groundbreaking solar thermal installation—named 2011 Project of the Year by the New York Solar Energy Industries Association.
Phases 1 & 2 leveraged NYC Housing Development Corporation tax-exempt bonds and LIHTC equity, while Phase 3 utilized HDC recycled bond financing with developer equity. Completed in January 2011, the project set a new standard for green affordable housing in the Bronx.