Page 26 - The Indian EYE 100926

NORTH AMERICAN Newsline OCTOBER 09, 2026 | The Indian Eye 26

Mayor Mamdani announces

$607 million modernization

of Nostrand Houses

First financial closing through Public Housing Preservation Trust will renovate 1,148 apartments serving about 2,000 residents

OUR BUREAU with mold-resistant materials and
paint finishes incorporated into con-
NEW YORK, NY
struction.
ayor Zohran Kwame Mam- All 16 buildings will receive com-
dani, the New York City prehensive upgrades to heating and
MHousing Authority (NY- domestic hot water infrastructure,
CHA), the New York City Public electrical wiring and plumbing, along
Housing Preservation Trust and the with new elevators. Accessibility will
New York City Housing Development be enhanced through upgrades to 81
Corporation (HDC) have announced apartments for residents with mobility
the financial closing of a $607 million needs and 48 apartments for residents
comprehensive modernization of with visual or hearing impairments.
Nostrand Houses in Sheepshead Bay, Security improvements will include
Brooklyn, the first project to reach fi- upgraded access-control systems, ex-
nancial closing through the Trust. panded CCTV coverage and an on-
The milestone follows a historic site security guard.
vote by Nostrand Houses residents in Nostrand Houses will continue
December 2023 to become the first to be managed by NYCHA, with en-
NYCHA development to join the hanced resources for day-to-day op-
Trust. erations and resident services. A new
The $607 million investment will on-site property management office
address decades of capital needs at will provide a dedicated location for
Nostrand Houses, fully rehabilitating property management and mainte-
1,148 apartments and modernizing Houses, with thousands of NYCHA get and HDC supported the project. nance operations, with more than 40
building systems across 16 residential residents set to have their homes fully Merchants Capital, Nixon Peabody staff members.
buildings for approximately 2,000 res- rehabilitated and modernized,” Ho- and the AFL-CIO Housing Invest- The modernization plan also in-
idents. chul said. ment Trust provided financing and cludes social and educational support.
The renovations will include new The Public Housing Preservation subsidy, with the Building and Con- Kings Bay Y will provide individu-
kitchens and bathrooms, upgraded Trust is designed to allow Nostrand struction Trades Council of Greater alized case management, resource
heating and cooling systems, new el- Houses to access greater and more New York serving as labor partner. navigation, housing stability support
evators, improved accessibility, lead flexible federal funding than tradi- Paired with a long-term ground and crisis intervention, along with
and mold remediation, upgraded se- tional Section 9 housing while keeping lease between NYCHA and the Trust, programmes supporting physical and
curity systems and other critical im- the development 100 per cent public the conversion unlocks a federal op- mental health, youth development,
provements. and preserving residents’ rights, in- erating subsidy worth approximately family support, senior programming
“For generations, NYCHA res- cluding permanently affordable rents. twice what NYCHA currently re- and workforce development.
idents have been told to wait for the NYCHA will continue to manage the ceives for the development. The Trust is also partnering with
investments their homes deserve. The property. The modernization will extend NYC Kids RISE to establish the
residents of Nostrand Houses took Created by legislation sponsored beyond individual apartments. Every Nostrand Houses Community Schol-
action: they voted to take a different by State Senator Julia Salazar and kitchen and bathroom will be reno- arship. Under the programme, the
path, and today that path is deliv- then-Assembly Member Steven Cym- vated down to the wall structure, with Trust will contribute $100 annually
ering,” Mamdani said. He said the browitz and signed into law by Hochul new finishes, fixtures and plumbing to the accounts of children living in
investment would provide new kitch- in June 2022, the Trust is a fully public components. Apartments will receive Nostrand Houses through high school
ens, safer and healthier apartments, entity designed to unlock billions of new appliances, quartz countertops, graduation to support future college
modern building systems and “the dollars in federal funding for com- durable scratch-resistant flooring, en- and career training.
dignity of a home that works the way prehensive renovations at NYCHA ergy-efficient double-pane windows Residents have helped shape the
it should.” developments. and new intercom systems. modernization plan through surveys,
Governor Kathy Hochul said the The financing closed September Living spaces will receive new visioning sessions, community meet-
milestone followed legislation intend- 29 and brings together partners from window heat pump systems for res- ings, design workshops and a dedicat-
ed to unlock additional federal fund- the public, private and labor sectors. ident-controlled heating and cool- ed Construction Council. They have
ing for NYCHA renovations. The U.S. Department of Housing and ing and dedicated laundry hookups. helped set project priorities, reviewed
“Today’s milestone marks a ma- Urban Development, the New York Apartments will also be remediated a model apartment and selected inte-
jor win for the residents of Nostrand City Office of Management and Bud- for lead and mold-related hazards, rior design packages for their homes.

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