Apex Building Group

Last updated
Apex Building Group, Inc.
Company typePrivately held
IndustryConstruction and real estate development
FounderRobert Horsford
HeadquartersYonkers, New York
Key people
  • Robert Horsford (President and Chairman)
  • Lee Brathwaite (Chief Executive Officer)
Website apexbuilds.com

Apex Building Group, Inc. (Apex) is a general contractor and real estate development company that was founded in Harlem (Manhattan) and is now based in Yonkers, New York, focusing on affordable housing and mixed-use properties serving families in New York and the tri-state region. Apex Building Group, Inc. is a certified minority-owned business enterprise (MBE) [1] [2] that is led by Robert Horsford [3] and Lee Brathwaite. [4]

The firm was founded in 1997 by Horsford. It has added or preserved more than 4,700 units of affordable housing in New York and the tri-state region. [5] A typical project includes residences that are affordable to lower income individuals and families, and some include housing designated for formerly homeless individuals. [6]

History

In the 1920s, Victor Horsford, grandfather of Robert Horsford, [7] started a real estate business called Victor Horsford Realty in Harlem. Victor owned several multifamily rentals which formed the start of the family's real estate and affordable housing work in the City of New York. Apex Building Group was incorporated in 1997 by his grandson, third generation real estate professional Robert Horsford.

Apex was selected in 2017 to develop an affordable housing project in central Harlem. [8] A 2019 project saw Apex renovating homes in East Baltimore, Maryland [9] and Twin Parks West, New York. [10]

In 2021, Apex completed development of Balton Commons, a Harlem building for mixed-income housing that was also launched with a technology startup incubator run by Silicon Harlem, [11] which is geared toward STEM education for high schoolers. [12]

In 2022, Apex broke ground on Alafia, a 576-unit affordable housing development in Brooklyn, on the former site of the Brooklyn Developmental Center. [13] The project will add 11 acres of green space to its East New York neighborhood, and includes solar and geothermal elements. [14] [15] [16] [17]

Another 2022 project saw the construction of the offices of Brotherhood Sister Sol, [18] a not-for-profit youth development organization for Black and Latinx youth. [19] The project was noted by the New York Times for being a "complicated building... focus[ing] on Black and brown architects and developers." [19]

A 2023 project to renovate housing for 2,900 residents selected Apex and two other firms to complete the work. [20] [21] [22]

In 2024, the New York Department of Housing Preservation and Development chose Apex to convert an office building in Prospect Heights into 116 units of housing. [23] The project is part of the "24 in 24" plan to develop affordable housing on underutilized publicly owned land. [24] The same year, Apex was also selected as part of a consortium to renovate low-income housing in Harlem as part of the PACT program. [25]

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References

  1. ↑ "Mayor Adams Announces $50 Million Initiative to Reduce Barriers and Support Minority-Owned Developer". The official website of the City of New York. March 4, 2024.
  2. ↑ "M/WBE RFP Designations Announced". The official website of the City of New York. January 13, 2017.
  3. ↑ "Notable Black Leaders and Executives 2021: Robert Horsford". Crain's New York Business. February 3, 2021.
  4. ↑ "Progressing Toward 24 in 24: HPD Selects Winning Proposal to Build Deeply Affordable Housing". The official website of the City of New York. January 31, 2024.
  5. ↑ "The Perspective of the Emerging Contract". NYREC.
  6. ↑ "Team assembled for new affordable housing project in Brooklyn". February 2, 2024.
  7. ↑ "The Horsford Group". www.horsfordgroup.com. Retrieved 2024-12-04.
  8. ↑ Wachs, Audrey (January 16, 2017). "NYC unveils new affordable housing developed by women and people of color".
  9. ↑ "East Baltimore's Henderson School is getting new neighbors — with houses". October 26, 2019.
  10. ↑ Steele, Jeffrey (May 22, 2019). "NYC Community Lands $42M Fannie Mae Loan".
  11. ↑ "Affordable Housing Lottery Launches for Balton Commons in Manhattan's Harlem". August 8, 2021.
  12. ↑ "Six Firms Designated as Minority- and Women-owned Business Enterprises to Build 460 Units of Affordable Housing".
  13. ↑ "Alafia Development Phase 1A". NYHC.
  14. ↑ "Does This Brooklyn Housing Development Know the Secret to Long Life?". The New York Times . July 28, 2023. Retrieved December 5, 2024.
  15. ↑ Staff, Brooklyn Eagle (December 21, 2022). "Construction begins on $1.2B East New York development". Brooklyn Eagle.
  16. ↑ Morris, Sebastian (December 28, 2022). "Renderings Reveal $1.2B Mixed-Use Alafia Campus in East New York, Brooklyn".
  17. ↑ "City Life Org - Building a More Equitable Brooklyn". City Life Org. December 19, 2022.
  18. ↑ Magazine, Harlem World (April 8, 2022). "The Brotherhood Sister Sol Opens New State Of The Art Headquarters For Brothers, Sisters And More In Harlem".
  19. 1 2 "In Harlem, a Playful New Youth Center Is an Instant Landmark". The New York Times . December 12, 2022. Retrieved December 5, 2024.
  20. ↑ "Over $222 Million in Capital Repair Needs Will Be Addressed for 2,900+ Residents by PACT Partners Chosen by Manhattanville Resident Leaders - The NYCHA Journal". nychajournal.nyc. March 23, 2023.
  21. ↑ Morris, Sebastian (January 13, 2023). "NYCHA Kicks Off Modernization Projects at Three Affordable Housing Properties in Upper Manhattan".
  22. ↑ "Work starts on bringing three more NYCHA developments under private management". Crain's New York Business. January 13, 2023.
  23. ↑ "116 deeply affordable homes coming to city-owned Prospect Heights site". February 6, 2024.
  24. ↑ "City selects minority-owned businesses to take the lead on new affordable housing project in Prospect Heights". News 12 - Default.
  25. ↑ Long, Ariama C. (July 18, 2024). "Minority-owned developer makes renovations in Harlem through NYCHA PACT program". New York Amsterdam News.
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