Construction Start

January 2011

Occupancy Date

June 2012 (anticipated)

Number of Units

65 Apartments
Studios, 1, 2 and 3 Bedrooms

Building Size

68,000 Square Feet
7 Floors

Development Cost

$18.3 Million

Capital Financing

NYS HCR Low Income Housing Credits

NYC HPD Loan

JP Morgan Chase Bank

Richman Housing Resources, LLC

Nonprofit Partner

Housing Partnership Development Corporation

Architect

SLCE Architects

Contractor

HLS Builders Corp.

Highbridge Terrace is being developed on vacant land purchased from the New York City Housing Authority as part of NYCHA's and HPD's joint efforts to identify sites for affordable housing. Highbridge Terrace is the first of two buildings to be developed on the site, which overlooks Highbridge Park in Northern Manhattan. The building will provide affordable housing for low-income working families at 50% and 60% of area median income, with units set aside for formerly homeless families and for NYCHA residents. The building is designed to achieve Energy Star certification and incorporates many of the high-performance and energy-efficient details used in prior Dunn Development Corp. projects. A new middle school is also being developed on the site by the NYC School Construction Authority.

Rendering

Elevation

Site Plan

Roof Deck Plan

Site Before Construction