Thursday, June 13, 2013

NYCHA Land-Lease Plan: A Closer Look (Part 1)

The New York City Housing Authority, facing one of the most serious financial shortfalls in its history, wants to raise more than $50 million a year on long-term leases for parks, playgrounds, parking lots and courtyards on the grounds of its housing projects, to developers to generate revenue and address a $6 billion backlog of repairs.

In this series, TheElectricWeb will take a closer look at NYCHA's 'Land Lease Opportunities to Preserve Public Housing.' Today we direct our focus at three proposed development sites: Campos Plaza on the Lower East Side; George Washington Carver Houses in East Harlem; and the Frederick Douglass Houses in Upper Manhattan.
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Pedro Campos Plaza I & II 
Home to 1,219 residents on Manhattan’s Lower East Side, with $27.2 million of unmet capital needs over the next 5 years.

East 12th Street Development Site:
   Site Area: 26,122 SF
   New Construction: 90,000 SF
   97 New apartments
   20% will be available to low-income households

Present Use of Proposed Site:
    45 Parking Spaces
    Compactor Yard
    Basketball & Handball Courts
    Outdoor Sitting Area

Benefits for Residents:
    Central Plaza redesign
    Preference for new low-income apartments
    Emergency power generation for critical building systems
    Temporary and permanent job opportunities
    Enhanced security for development

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George Washington Carver Houses 
Complex consists of 1,246 apartments in 13 buildings, between 6 and 15-stories tall, housing 2,723 people. Carver Houses has a $41 million unmet need for capital improvements over the next 5 years.

Development Sites:
    Madison Avenue 14,000 SF
    Park Avenue: 23,000 SF

New Construction:
    242,000 SF of Residential
    262 New Apartments
    20% available to low-income households
    500,000 SF of revenue generating facilities
      (medical or educational)

Present Use of Proposed Site:
    117 Parking Spaces
    Basketball & Handball Courts

Benefits for Residents:
    Preference for new low-income apartments
    Emergency power for building systems
    Temporary & permanent jobs
    Enhanced security for development

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Frederick Douglass Houses
Contains 2,054 apartments housing some 4,588 residents. Douglass Houses has a $192 million unmet need for capital building improvements over the next 5 years.Z

Development Site 1:
    Manhattan Avenue: 19,000 SF
    New Construction: 340,000 SF Residential

Development Site 2:
    West 104th Street: 16,000 SF
    New Construction: 175,000 SF Residential

Development Site 3:
    West 100th Street: 18,750 SF
    New Construction: 220,000 SF Residential

Total Construction:
    794 New Apartments
    20% available to low-income households

Present Use of Proposed Site:
    198 Parking Spaces
    Courtyard / Sitting Areas
    Basketball & Handball Courts

Benefits for Residents:
    Central courtyard redesign
    Emergency power for building systems
    Temporary & permanent jobs
    Enhanced security for development
    Preference for new low-income families

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