RANDOLPH
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From NYCHA's FY2018 Plan,
Mixed Finance Development at Phillip Randolph Houses, Manhattan
A Request for Proposals (“RFP”) was issued on August 22, 2011, which called for the redevelopment of Randolph Houses in two phases:
(i) Phase One as a mixed-finance
transaction whereby the south side lots would be ground leased and the south side buildings conveyed to a private developer for gut rehabilitation with the creation of at least 140 public housing units and
(ii) Phase Two as the conveyance of the north side properties for the redevelopment of mixed income housing.
The design yields a total of approximately 283 dwelling units of which 147 will be public housing. The New York State Historical Preservation Office (SHPO) approved this renovation plan in January 2011. Construction began on Phase I of II in March 2014. Phase I construction was completed in April 2016 for Buildings A and B respectively and public housing residents have moved in. Phase II closed on construction financing in 2016 and
is expected to be completed in 2018.
http://www1.nyc.gov/assets/nycha/downloads/pdf/FY18-Final-Annual-Plan-101817.pdf at page 94
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