Bronx Park Preservation &
New Development

Role: Project Manager

  • Due dilligence (closing of portfolio acquisition)

  • Due dilligence (pre-development)

  • Design

Project Info

Developer: Camber Property Group
Address: portfolio in the Bronx, NY; 2000 Valentine Ave, Bronx, NY (new dev)
Development Type: Preservation and New Construction Affordable Rental
Purchase Price: $166 million (preservation)
Total Capitalization: $60 million (new development)
Total Units: 1,275 units (8 buildings preservation); 2 buildings (new dev)
Commercial Units: 10
Development Program(s): Mitchell-Lama, HPD Mix&Match
Acquisition Date: January 2020