Foxy Management Ltd. Property Management Affordable Housing Bronx, NY Manhattan, NY

Back to Main Page

Selected Development Projects

Prospect Westchester

Tremont

Friendly Hands

Casabe

In Development

Prospect Westchester

Prospect & Westchester Triangle

871 Westchester Avenue & 890 Prospect Avenue, Bronx, NY

Development Structure

$50 million LAMP/MIRP development with Low Income Housing Tax Credits

Construction funding provided by HDC tax-exempt bonds, enhanced by HSBC, together with HPD and HDC mortgages

Building Features

Two building residential complex

210,000 square feet

24 Studios + 71 1-Bedrooms + 98 2-Bedrooms

Elevator

Resident superintendent

Laundry

Terraces

Community space

State-of-the-art security equipment

Street-level commercial space

Development Team

Architect: SLCE Associates

Builder: Integrated Building Systems, Inc.

Equity Syndicator: MMA Financial

Not-for-profit Sponsor: Neighborhood Association for Intercultural Affairs (NAICA)

Property Manager: Foxy Management, Ltd.

Apartments available to families earning less than 60% of area median income.

30% of the units are set aside for formerly homeless.

On-site social services provided by NAICA.

Tenants

Montefiore Hospital

BASICS/Promesa

NAICA

The Sports Foundation, Inc.

Tremont

East Tremont Apartments

1920 Washington Avenue, Bronx, NY

Development Structure

$19 million LAMP/MIRP development with Low Income Housing Tax Credits

Construction funding provided by HDC tax-exempt bonds, enhanced by HSBC, together with HPD and HDC mortgages

Building Features

75,000 square feet

15 Studios + 20 1-Bedrooms + 38 2-Bedrooms

Elevator

Resident superintendent

Common garden & playground area

Laundry

Community space

State-of-the-art security equipment

Development Team

Architect: SLCE Associates

Builder: Artec Construction

Development Partner: Alembic Development

Equity Syndicator: MMA Financial

Not-for-profit Sponsor: NAICA

Property Manager: Foxy Management, Ltd.

Apartments available to families earning less than 60% of area median income.

30% of the units are set aside for formerly homeless.

On-site social services provided by NAICA.

Tenants

St. Anthony Medical & Diagnostic

Neighborhood Association for Intercultural Affairs (NAICA)

Friendly Hands

Friendly Hands Apartments

225 East 118th Street, New York, NY

Development Structure

$22 million LAMP/MIRP development with Low Income Housing Tax Credits

Construction funding provided by HDC tax-exempt bonds, enhanced by HSBC, together with HPD and HDC mortgages

Additional funding provided by NYSERDA and City Council Reso A

Building Features

79,000 square feet

18 Studios + 25 1-Bedrooms + 33 2-Bedrooms

Elevator

Resident superintendent

"Green" Roof

Common garden & playground area

Laundry

Community space

State-of-the-art security equipment

Development Team

Architect: SLCE Associates

Builder: Artec Construction

Development Partner: Alembic Development

Equity Syndicator: Boston Financial

Not-for-profit Sponsor: Friendly Hands Inc.

Property Manager: Foxy Management, Ltd.

Apartments available to families earning less than 60% of area median income.

20% of the units are set aside for formerly homeless.

On-site social services provided by NAICA.

Casabe

Casabe Housing For The Elderly

150 East 121st Street, New York, NY

Development Structure

$17.5 million HUD 202/8 + Tax Credit development project

HUD debt refinanced using proceeds from HDC tax-exempt bonds, enhanced by Citibank, together with Low Income Housing Tax Credits

Gut rehab + cash infusion to not-for-profit sponsor

Building Features

125 Senior units

Elevator

Resident superintendent

On- site security

Newly built-out lower level community facility

Laundry

PICTURES TO COME

Development Team

Architect: Ray Plumey, AIA

Builder: Artec Construction

Equity Syndicator: MMA Financial

Not-for-profit Sponsor: Casabe HDFC

Property Manager: Foxy Management, Ltd.

Apartments available to "Elderly Families" (Definition B) earning less than 50% of area median income.

In Development

Projects Currently In Development

2035 Newbold Avenue

Cypress/138th Street

COMING SOON

Foxy Management, Ltd. | 500 Trinity Avenue, Suite 1B | Bronx, New York 10455 | tel: 718.993.6737 | fax: 718.993.6798 Foxy Main