380 Lenox is the first privately funded luxury condominium building in Harlem, built by Uptown Partners at the corner of 129th Street and Lenox Avenue. The units, 77 in all, are both one and two‐stories, and more than one third come with generous private terraces overlooking the street. 11,000 square feet of retail space lines the sidewalk, and underground is an 88‐car parking garage. The building is designed to fit in with the large classically styled masonry buildings lining the avenue, as well as the landmarked Astor Row buildings on 130th Street. The project was featured in an article in the New York Sun in August 2006. The feasibility of the building was supported by a 421‐a tax abatement from the City of New York HPD. Construction is complete and units are sold.

Manhattan Boutique Real Estate (MBRE) and SOBRO are submitting a development proposal to the NYC Housing Preservation Development Commission for development of 359 East 157th Street in the Bronx as a community residence for homeless and low income senior citizens. The building is designed to be environmentally friendly, promote an active life style and includes an intergenerational center to provide services for the seniors and help them integrate into the surrounding community.

 

The SoHa Terrace is an upscale multi-family residential project and a pioneering effort in the redevelopment of Harlem, New York. The building strives to balance the rich, authentic characteristics intrinsic to the project’s historically relevant neighborhood with the modernizing influences of the contemporary residential development boom through an old meets-new brick and glass aesthetic, as well as a combination of both market-rate and subsidized housing. The building also contains over 8,000 square feet of retail space, 63 parking spaces, full-service amenities, and large public and common spaces including a generous landscaped roof garden. IDA arranged for 3 tranches of equity including a $20 million equity participation from Goldman Sachs Community Development Fund.

1400 Fifth Avenue is a LEED Silver rated residential green building project located in Harlem. At the time of its completion, it was the largest affordable and energy efficient development in the United States, and the first full‐service condominium in Harlem. All 129 units were sold before construction was finished. For interior and exterior photos and a full list of amenities and commercial tenants

The Legation Quarter is one of the most famous historic enclaves in Beijing, site of the former Qing‐dynasty era American Consulate, and site of numerous international and diplomatic negotiations as China reconnected with the rest of the world. In 2005, the site was purchased by an investment group for conversion to a major luxury dining, shopping and entertainment destination. Interactive Development Associates, on behalf of Mandarin Ventures, funded the first one million dollars of outside capital required for restoration and adaptable reuse of the existing quadrangle as a destination entertainment complex.

Spring Valley, NY has become one of the 5 largest Haitian communities in the United States with over 20,000 population. Most of the local people are members of the local Church of the Nazarene or the adjacent Baptist Church. Currently, KPG is assisting the Church of the Nazarene with planning and redevelopment of their property to accommodate 60‐80 apartments with parking, an ambulatory medical space, and a new church with about 15,000 sf of community facility space.

This 2,000 acre resort development is located on Hainan Island, a relatively untouched province of China with an environment and ecology similar to Hawaii. The resort includes a Cultural and Religious zone centered around a new Buddhist Temple, Passive Scenery Zones weaving into hillsides, and more developed entertainment and resort areas at the waterfront and at the mountain tops. The project includes three hotel zones, with a total of 12,000 rooms available, six restaurants and shopping zones, a golf course and a marina. IDA arranged the equity required for the project to receive “preferred” status as an international joint venture project.

This residential project, which revitalized abandoned buildings and replaced an urban lot, created affordable one and two‐bedroom units for families and seniors in Harlem. It was developed by the Community Preservation Corporation and the Center Development Corporation, and sponsored by the Shiloh Baptist Church and St. Philips Episcopal Church. The project combined the gut renovation of an existing 100‐year old building with new construction on an adjacent lot into one new elevator serviced residential building. The other phase was the gut renovation of an existing century‐old building into a five‐story walk‐up due to ADA compliance. The project was an HPD acquisition RFP site, funded by a mixture of New Market Tax Credits and Tax Exempt Bonds, loans from the CPC with 421‐a tax abatement and j‐51 tax deferrals. Construction was completed in 2009.

The Global Trade and Technology Center is New York’s answer to Chicago’s Merchandise Mart or the World Market Center in Las Vegas. Overseas manufacturers who are seeking to establish their brands in the United States and New York City can view it as a marketing/ sales platform for a variety of international industries and their brands.

Showrooms, offices and hotel rooms will be sold as business condominiums for both the international overseas market as well as to domestic users. An Exposition Center will provide conference and exhibition services for the tenants and their associates. This Exposition Center will be supported by a variety of destination restaurant venues and retail opportunities.

The 2 million square foot Global Trade & Technology Center in Secaucus, New Jersey will include a 500 room extended stay hotel with 6000 parking spaces. The Center will differentiate itself in the market by providing a full complement of trade related services that are technically advanced, innovative and value added. This trade mart industrial complex site is 15 minutes away from the City of New York and 30 minutes away from the City of Newark with numerous rail lines, truck roads and bridges for the transshipment of cargo containers. There is easy access to all New York City and New Jersey airports.

The project will be designated as a “Free Trade Zone” and is expected to become a member of The World Trade Center Association.