The city’s public housing agency has selected a group of real estate firms to execute a $500 million renovation of 16 Manhattan buildings. The effort, which the New York City Housing Authority said will affect almost 3,000 of its residents in 1,700 apartments, will involve the installation of new kitchens, bathrooms, flooring, replace heating systems and conduct a full elevator rehab in each of the selected buildings. The joint venture involves six development firms and […]
source https://therealdeal.com/2019/06/21/nycha-taps-private-developers-as-part-of-500m-plan-to-revamp-manhattan-properties/
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