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East New York is a residential neighborhood in the eastern section of the borough of Brooklyn in New York City, United States. Its boundaries, starting from the north and moving clockwise, are roughly the Cemetery Belt and the Queens borough line to the north; the Queens borough line to the east; Jamaica Bay to the south, and the Bay Ridge Branch railroad tracks and Van Sinderen Avenue to the west. Linden Boulevard, Pennsylvania Avenue, and Atlantic Avenue are the primary thoroughfares through East New York.
The New York City Housing Authority (NYCHA) is a New York State public development corporation which provides public housing in New York City. It was the first agency in the United States to provide housing for low- and moderate-income residents throughout the five boroughs of New York City. NYCHA also administers a citywide Section 8 Leased Housing Program in rental apartments. These communities are often referred to in popular culture as "projects", or "developments". These facilities commonly have large income disparities with their respective surrounding neighborhood or community.
Starrett City is a housing development in the Spring Creek section of East New York, in Brooklyn, New York City. It is located on a peninsula on the north shore of Jamaica Bay, bounded by Fresh Creek to the west and Hendrix Creek to the east. Starrett City contains both residential and commercial buildings. The residential portion of the property contains eight "sections" in a towers in the park layout. The complex also contains a community and recreation center, as well as two schools.
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Rubin Schron, who goes by Ruby, is a New York City real estate investor, landlord and the founder of Cammeby's International Group. He owns or controls property worth over $900 million, according to data company Real Capital Analytics. The portfolio of Cammeby's, which Schron founded in 1967, includes office buildings, market-rate and government-subsidized apartment complexes, nursing homes, the 16-building complex in Sunset Park now known as Industry City, a stake in the bottom half of Woolworth Building and industrial properties scattered across Long Island. In 2013, Schron made an unsolicited and unsuccessful offer to buy the Empire State Building for $2 billion, but he has not had problems closing many other deals throughout his long career. In 2003, an investment group led by Schron paid $705.6 million for a portfolio of about 6,000 outer-borough apartments from Donald Trump. Other buildings he owns include the Monterey, a 521-unit rental multifamily building on Manhattan's Upper East Side; over the decades, Schron has also amassed a portfolio of Mitchell-Lama apartment buildings whose values have been skyrocketing to record values, after reverting to market rates when government subsidies expired. In 2007, he sold nearly 4,000 units of former Mitchell-Lama properties in five complexes in Harlem and on Roosevelt Island for $940 million. Schron, who practices Orthodox Judaism, has eight children and 50 grandchildren. He and his family have lived in the same single-family home in Brooklyn for many decades.
Joseph Chetrit is an American real estate investor and developer and founder of the Chetrit Group.
David Bistricer is a New York-based real estate developer and the founder and principal of Clipper Equity. His firm focuses on the conversion of non-residential buildings to residential uses. One of Bistricer's latest ventures, in partnership with Chetrit Group, is the transformation of the shuttered four-building Cabrini Medical Center at 220 and 230 East 20th Street and 215 and 225 East 19th Street into a residential a condo project, Gramercy Square, with 223 units. The Woods Bagot-designed development features a different style for each property: a modern, a prewar, a boutique and a tower building. It also has about 38,000 square feet of amenities including a 75' sky-lit pool, a gym, a theater, a meditation room exclusively programmed by MNDFL and a wine cellar. And there’s ample green space with a courtyard, a greenhouse and landscaping around the buildings.
Gateway Center, also referred to as Gateway Plaza Mall or simply Gateway Mall, is a shopping complex in the Spring Creek section of East New York, Brooklyn, in New York City. It is located just north of the Belt Parkway at Erskine Street and Gateway Drive, which is near portions of the Gateway National Recreation Area. Built as part of the Gateway Estates plan for commercial and retail development, it consists of two structures: the original structure opened in 2002, and a second adjacent development opened in 2014.
Vendeever Projects now known as "Flatbush Gardens", is a large low-income federal housing project located in East Flatbush, Brooklyn. Consisting of 59 six-story buildings on 30 acres, it contains 2,496 units housing about 13,000 residents. Until October 2005 Flatbush Gardens was, called Vanderveer Estates and was one of the most disreputable federally financed projects in the country. Handed off among about seven owners during 20 years, Vanderveer became a poster child for federally financed failures in moderate-income housing.
References
- ↑ Solomont, E.B (March 2016). "The Closing David Bistricer". The Real Deal.
- 1 2 Bagli, Charles V. (2007-02-08). "Apartment Complex in Brooklyn Sold for $1.3 Billion". The New York Times. ISSN 0362-4331 . Retrieved 2019-04-25.
- 1 2 3 Pincus, Adam (Sep 2013). "Bistricer Gets Busy". The Real Deal.
- 1 2 "Mayor wary of new Starrett owners". Archived from the original on 2007-08-31. Retrieved 2007-02-10.
- ↑ "New York Recorder Of Deeds" . Retrieved 21 February 2019.