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WEST TREMONT AVENUE-SEDGWICK AVENUE AREA

1814 PALISADE PLACE, Bronx, 10453
Bronx, block 2877, lot 552
More information about this property at ZOLA
Public Housing Restructuring
  • Planned RAD/PACT - Section 8 Conversion Under Private Management

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What do we know about what NYCHA is doing or proposing here?

NYCHA has designated RAD/PACT development partners for a set of Bronx campuses that includes this one:

 

1010 EAST 178TH STREET: https://nycharealtalk.org/lots/2031300100/ 

EAST 180TH STREET-MONTEREY AVENUE: https://nycharealtalk.org/lots/5469/ 

TWIN PARKS EAST (SITE 9): https://nycharealtalk.org/lots/2030940014/ 

BAILEY AVENUE-WEST 193RD STREET: https://nycharealtalk.org/lots/2032390004/

FORT INDEPENDENCE STREET-HEATH AVENUE: https://nycharealtalk.org/lots/2032610102/ 

HARRISON AVENUE REHAB (GROUP A): https://nycharealtalk.org/lots/2028690116/

HARRISON AVENUE REHAB (GROUP B): https://nycharealtalk.org/lots/5545/ 

UNIVERSITY AVENUE REHAB: https://nycharealtalk.org/lots/5752/ 

WEST TREMONT AVENUE-SEDGWICK AVENUE AREA: https://nycharealtalk.org/lots/2028770552/

 

NYCHA’s PACT Projects Tracker (July 2024) lists this campus as in the “Planning & Engagement Phase.” 

https://www.nyc.gov/assets/nycha/downloads/pdf/PACT_Dataset.pdf

 

This campus is listed under “Developments Under Consideration by HUD for Future Section 8 Conversions” in NYCHA’s draft FY25 Annual Plan: https://www.nyc.gov/assets/nycha/downloads/pdf/FY_2025_Draft_Annual_Plan_English_REVISED.pdf

 

Here is the website the developers created:https://www.pactnwbronx.com/ 

  1. # of Current Units 134
  2. Total Number of Units 148
  3. Number of Rental Rooms 441
  4. Population - Section 8 Transition 0
  5. Population - Public Housing 149
  6. Total Population 149
  7. # of Families On Fixed Income 118
  8. % of Families on Fixed Income 88%
  9. # of Residential Buildings 1
  10. # of Non-Residential Buildings 0
  11. # of Stories 12
  12. Total Area (Sq Ft) 36,563.0
  13. Bldg/Land Coverage 26.28
  14. Density (Population/Acre) 177.0
  15. Development Cost $4,380,000.0
  16. Cost Per Rental Room (As Built) $8,734.0
  17. Avg. Monthly Gross Rent $308.0
  18. Senior Development EXCLUSIVELY
  19. Electricity Paid By Residents no
  20. RAD/PACT Status Planning & Engagement
  21. RAD/PACT Conversion Date Jan. 1, 2025
  22. RAD/PACT Developers The Arker Companies; Dabar Development Partners (MWBE); Omni New York LLC;SBV RE Investments LLC
  23. RAD/PACT General Contractor Renewal Chateau JV LLC
  24. RAD/PACT Property Manager Progressive Management of NY LLC
  25. RAD/PACT Social Service Provider Unknown

Who decides what happens to this property?

Official Owner

New York City Housing Authority (NYCHA) (public)
Contact: David Pristin, Executive Vice President, External Affairs ((212) 306-3401 / David.Pristin@nycha.nyc.gov)

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Key Contacts

City Council District 14 represented by Pierina Sanchez
Community District Bronx 5 ( brxcb5@optonline.net / 718-364-2030 ), district manager: Xavier Rodriguez
Congressional District 13 represented by Adriano Espaillat
Find all elected officials for this lot at Who Represents Me? NYC

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