Reid & Park Rock Completes $636M Brooklyn NYCHA Rehab
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Partnership Completes $636M Rehabilitation of Two Brooklyn Affordable Housing Communities
NEW YORK CITY — A partnership between The New York City Housing Authority, Fairstead, BRP Cos., Urbane and the Local Development Corp. of East New York has completed the $636 million rehabilitation of Reid Apartments and Park Rock, two affordable housing communities in Brooklyn. Located on the east side of the borough, Reid Apartments & Park Rock comprise 1,696 affordable housing units across 87 buildings that are home to roughly 3,000 people. U…
Reid & Park Rock Completes Modernization of 1,696 Affordable Units
Renovations are finished on Reid & Park Rock, a $636 million rehabilitation of 15 New York City Housing Authority developments in Brooklyn. Completed through NYCHA's Permanent Affordability Commitment Together (PACT) program by the Reid Park Rock PACT Partners, a team of Fairstead, BRP Companies, Urbane, and the Local Development Corporation of East New York, the project modernized 1,696 affordable homes across 87 residential buildings for nearl…
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