233 Landing Road
Owner: Bowery Residents’ Committee (BRC)
131 West 25th Street 12th Floor| New York, NY 10001
212.803.5700| www.brc.org
Architects: Edelman SUltan Know Wood Architects
100 Lafayette Street Suite 204| New York, NY | 10013
212.431.4901 | www.edelmansultan.com
All renderings provided by ESKW
Description
The J. Pilla Group work is completed on this 131,355 sf steel, block and plank structure. Located on the first three floors is the shelter portion housing a 200 bed shelter. The housing portion is located on floors 3-9 and will contain 111 studio apartments for low income housing. The Building will have such amenities as laundry rooms, community spaces, commercial space, pantry kitchen, solar panel array, generator and a commercial kitchen.
From TheNYHC.org: http://thenyhc.org/projects/landing-road-residence/
With 135 permanent units and a 200-bed transitional shelter for working homeless single adults, the project will offer 111 studios for single adults earning no more than $21,175 annually, seven one-bedroom units for households of two earning no more than $34,550 annually, 17 two-bedroom units for families of three earning no more than $46,620 annually, and one superintendent unit. Total development cost is $62.8 million. NYC Dept. of Housing Preservation and Development will provide Low-Income Housing Tax Credits and $5.7 million in City Capital toward permanent financing. NYC Housing Development Corporation will provide $22.3 million in tax exempt bonds and $16.3 million from corporate reserves toward construction financing. The NY State Energy Research and Development Authority will provide a $163,000 grant in permanent financing. CPC is providing an $18.3 million permanent loan through a private pension fund for the transitional housing portion. Bank of America will act as lender. (Cited from http://thenyhc.org/projects/landing-road-residence/)
Award
