Release date: 6/27/2016
Submission deadline: 9/30/2016
Site 1 designation date: 1/25/2018
Site 2 designation date: 5/17/2017
On May 17, 2017, NYCHA announced the selection of the developer for Site 2 - Holmes Tower. Fetner Properties was selected as the developr for the first NextGeneration (NextGen) Neighborhoods site, which is on the grounds of the Holmes Towers in Manhattan. Fetner was chosen in part due to its commitment to community-focused features in its proposal, including new playgrounds and open space and a new recreational and community center for local residents. This mixed-income development will be the first of its kind as a part of NYCHA's NextGen plan to raise critical revenue necessary to keep the Authority's buildings stading and its residents in their homes.
On January 25, 2018, NYCHA announced the selection of the developer for Site 1 - Wyckoff Gardens. Arker Companis and Two Trees were selected to develop two 16-story mixed-income buildings at Wyckoff Gardens in Brooklyn totaling 500 units. Both builidngs will have 50 percent market-rate and 50 percent affordable housing for low-income households earning up to $51,540 for a family of three. This development will bring NYCHA $37 million upon closing, with $18.5 million directly invested into Wyckoff Gardens – covering nearly half of the complex’s $43 million in outstanding capital repair needs. The additional $18.5 million will be invested across other NYCHA developments to make critical repairs.
HPD and NYCHA released the RFP for the development of mixed-income housing at the two NYCHA developments. The projects outlined in the RFP are the outcome of extensive resident and community stakeholder engagement as part of NYCHA’s NextGen Neighborhoods program, which will generate revenue to be reinvested back into the development sites and across NYCHA’s portfolio by leveraging a 50-50 split of market-rate and affordable housing units.
Unlike previous approaches that presented a finalized plan for residents after the fact, NYCHA has been seeking resident input at the front end to help shape the final plan. To that end, NYCHA has held 40 meetings and conducted floor-by-floor outreach with residents from Holmes Towers and Wyckoff Gardens and since Fall 2015. Resident input helped inform the RFP and determine priorities for capital repairs, which will occur concurrently with new construction. Preference will be given to proposals that align with resident recommendations.
NYCHA will retain rights to the land developed through a long-term ground lease and provide critical oversight to the project. Developers will be required to train and hire public housing and low-income residents, and proactively engage NYCHA residents on a regular basis as the project moves forward. Rents will be stabilized in the completed properties. NYCHA residents will have a preference for 25 percent of the affordable housing units.
To ensure residents continue to be actively engaged throughout the process, NYCHA created NextGen Neighborhoods Stakeholder Committees, comprised of residents, community representatives, and elected officials at Wyckoff Gardens and Holmes Towers. The Stakeholder Committee will work directly with the selected developer partners by representing the interests and concerns of residents, neighbors, and the community.
Two Pre-Submission Conferences were held on Tuesday, July 19th at 9:30am and Thursday, July 21st at 9:30am at NYCHA, 250 Broadway, 12th Floor Board Room, New York, NY 10007.