Queen City RAD Preservation

  • Rehabilitation
  • Rental
  • Public Housing/RAD
  • Senior/Supportive
  • New Rochelle, NY
  • 203 units
  • Completed December 2019
  • Peter Clements Architect

D+B partnered with Property Resources Corporation and the New Rochelle Municipal Housing Authority on the Queen City RAD Preservation, a RAD conversion and tenant-in-place rehabilitation of two senior buildings with a total of 203 units. Both buildings are existing concrete-and-masonry-construction public housing properties built in 1972.

The scope of rehabilitation included extensive apartment renovations, including full renovations of kitchen and baths, repairs or replacements to the building fa├žade, roof, doors and windows, and elevators, as well as mechanical and electrical upgrades, in-unit repairs to kitchens and bathrooms, and the installation of energy-efficient (Energy Star) appliances and radiator controls, LED lighting, and low-flow fixtures in kitchens and bathrooms. The project received accessibility upgrades to bring the buildings into compliance with ADA requirements, as well as improvements in landscaping.

Financing included tax-exempt bonds issued by the New York State Finance Agency, 4% Low Income Housing Tax Credits, and New York State funds. Bank of America was the bond credit enhancer and investor, and Hudson Housing Capital was the syndicator.