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Hudson Valley Property Group Completes $47M Revitalization of Rockland County Apartment Complexes

Summary by Ground News
Hudson Valley Property Group announced the completion of a $47 million preservation and renovation project at two properties in Spring Valley, N.Y. The renovations to both properties amounted to approximately $10 million, averaging $45,000 per unit. Over one-third of the properties' units receive subsidy through HUD tenant-based Section 8 vouchers. No residents were displaced as a result of this transaction.

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Benzinga broke the news in New York, United States on Thursday, October 12, 2023.
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