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SARATOGA VILLAGE

33 SARATOGA AVENUE, Brooklyn, 11233
Brooklyn, block 1492, lot 1
More information about this property at ZOLA
Public Housing Restructuring
  • RAD/PACT - Converted to Section 8 Under Private Management

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

NYCHA closed a RAD/PACT deal for a set of campuses that includes this one:

 

OCEAN HILL APARTMENTS: https://nycharealtalk.org/lots/5723/ 

SARATOGA VILLAGE: https://nycharealtalk.org/lots/3014920001/ 

STUYVESANT GARDENS I: https://nycharealtalk.org/lots/14196/

STUYVESANT GARDENS II: https://nycharealtalk.org/lots/3016360024/ 

BEDFORD-STUYVESANT REHAB: https://nycharealtalk.org/lots/5816/ 

 

Prior NYCHA materials had stated that Faria Management (MWBE) would be the Property Manager but at closing, the Property Manager was Wavecrest, See: https://www.nyc.gov/assets/nycha/downloads/pdf/PACT_Dataset.pdf

 

NYCHA’s 2023 press release including Faria is here: https://nychajournal.nyc/471-million-in-capital-repairs-to-be-completed-for-nearly-2000-residents-at-five-brooklyn-developments/ 

 

Here is a website the developers created

https://ohsgcommunity.com/ 

  1. # of Current Units 117
  2. Total Number of Units 125
  3. Number of Rental Rooms 529
  4. Population - Section 8 Transition 0
  5. Population - Public Housing 258
  6. Total Population 258
  7. # of Families On Fixed Income 44
  8. % of Families on Fixed Income 38%
  9. # of Residential Buildings 1
  10. # of Non-Residential Buildings 0
  11. # of Stories 16
  12. Total Area (Sq Ft) 54,935.0
  13. Bldg/Land Coverage 12.58
  14. Density (Population/Acre) 205.0
  15. Development Cost $2,334,676.0
  16. Cost Per Rental Room (As Built) $4,147.0
  17. Avg. Monthly Gross Rent $747.0
  18. Senior Development no
  19. Electricity Paid By Residents no
  20. RAD/PACT Status Under Construction
  21. RAD/PACT Conversion Date Sept. 25, 2025
  22. RAD/PACT Developers Dantes Partners (MWBE); Beverly Road Development (MWBE); Kalel Companies (MWBE)
  23. RAD/PACT General Contractor ETC Companies LLC
  24. RAD/PACT Property Manager Wavecrest Management Group LLC
  25. RAD/PACT Social Service Provider Bedford Stuyvesant Restoration Corporation (non-profit)

Who decides what happens to this property?

Official Owner

New York City Housing Authority (NYCHA) (public)
Contact: The NYCHA Board: https://nycharealtalk.org/resources/public-review-processes/review-nycha-board/

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Key Contacts

City Council District 41 represented by Darlene Mealy
Community District Brooklyn 16 ( bk16@cb.nyc.gov / 718-385-0323 ), district manager: Viola D. Greene-Walker
Congressional District 8 represented by Hakeem Jeffries
Find all elected officials for this lot at Who Represents Me? NYC

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