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The site of the two towers was originally a lot that hosted the Consolidated Edison Kips Bay Generating Station. [6] The lot was one of three parcels purchased by Sheldon Solow (along with the former Consolidated Edison Waterside power plant on the east side of First Avenue from 38th to 41st streets) and was planned to be redeveloped as part of a seven-tower, $4 billion complex designed by ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
California is a state in the Western United States, lying on the American Pacific Coast.It borders Oregon to the north, Nevada and Arizona to the east, and an international border with the Mexican state of Baja California to the south.
The 19-story residential building Twin Parks North West, Site 4 contains a total of 120 apartments. [14] It is located on 333 East 181st Street near Tiebout Avenue. It is in the central Bronx, and part of the western segment of a "scatter-site" development project spanning the Fordham, Tremont and East Tremont neighborhoods.
The apartments would face High Street. On September 26, 1987, a $2.2 million federal grant was issued from the Urban Mass Transportation Administration to purchase land for the transit center and underground parking structure. The cost of the apartment-transit project had ballooned to between $47 million and $57 million. [4]
In 1950, he built the 23-building Beach Haven Apartments over 40 acres (16 ha) near Coney Island, procuring him $16 million in FHA funds. [56] The total number of apartments included in these projects exceeded 2,700.
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