Douglass Houses Land Lease Presentation 4-17-13 (English)


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Douglass Houses has a $192 million unmet need for capital building improvements over the next 5 years.

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Douglass Houses Land Lease Presentation 4-17-13 (English)

  1. 1. Preserving Public HousingRoundtable DiscussionDouglass HousesApril 17, 2013
  2. 2. 2Introductions
  3. 3. Conversation Guidelines3 Let’s hear from everyone No interruptions Treat everyone with respect Respect different opinions No videotaping Facilitators will take comments and questions attables Note-takers are capturing ideas and opinions. Nonames will be used.
  4. 4. NYCHA’s Land Lease ProposalProposal to lease land to a developer forconstruction of a new apartment building.All revenue will go to building improvementsat Douglass Houses and otherNYCHA developments.4
  5. 5. 5 Overview of Land Lease Proposal Building Site and Design Options Request for Proposal Project Timeline Comments and Q & ADiscussion Topics
  6. 6. 6Overview of Land LeaseProposal
  7. 7. $13.4 Billion Unmet Capital NeedNYCHA Wide for the Next 5 YearsDouglass Houses andAddition have a total of$192 Million need forcapital improvements.Only $17.4 Millionworth of improvementsare planned over thenext 5 years7
  8. 8. Overview: Land Lease Proposed Plan NYCHA would lease (not sell)14 parcels of land locatedwithin 8 developments Income generated will bededicated to buildingimprovements for publichousing The developers will finance,construct, and operate newresidential buildings. Approximately 80% of theapartments will be market rateand 20% will be permanentlylow income 8
  9. 9. Setting the Record Straight:At Douglass the Development Plan Will: Not increase rent for NYCHA residentsdue to the new developments. Not demolish public housing apartments Not move NYCHA families Not privatize – NYCHA will still be thelandlord Not sell the land; NYCHA will own theland under the new buildings. Not result in job losses or increasedwork requirements for NYCHApersonnel.9
  10. 10. NYCHA’s Core Principles for Development All new buildings located alongstreet fronts to encouragepedestrian traffic and campusintegration with the neighborhoodand reduce construction impact Replacement of all parkingspaces for all current residentlegal permit holders NYCHA will remain your landlordand retain ownership of the landunder the new buildings via99-year ground leases10
  11. 11. Benefits NYCHA Wide This initiative will generate between $30 millionand $50 million of funding on a yearly basis for99 years (term of ground lease) All revenue will be used to improve the quality oflife of NYCHA residents by funding a portion ofcritical capital improvements – example: roofs,elevators, boilers, electrical system, apartmentupgrades11
  12. 12. Benefits for Douglass Houses Residents Alternative power for systems during blackoutssuch as hallway and stair lighting, heat and hotwater, elevators and security Construction and permanent jobs opportunitiesfor NYCHA residents Enhanced security features for the entiredevelopment Preference for low income apartments in thenew buildings Affordability restrictions are permanent12
  13. 13. 13Douglass HousesLand Lease Plan
  14. 14. Douglass Houses: Development Sites144,612 residents live at Douglass Houses & Addition
  15. 15. Development Opportunity at Douglass HousesManhattan Avenue Site Site Area: 19,000 SF New Construction: 340,000 SF (approx.) Estimated # of new apts: 368 units*West 100th Street Site Site Area: 18,750 SF New Construction: 220,000 SF (approx.) Estimated # of new apts: 237 units*West 104th Street Site Site Area: 16,000 SF New Construction: 175,000 SF (approx.) Estimated # of new apts: 189 units**Calculation based on 925 SF unit sizeassumption15Maximum Allowable Income1 person $ 36,1202 persons $ 41,2803 persons $ 46,4404 persons $ 51,540Low Income units will be available tohouseholds with incomes at or below 60%of Area Median Income (AMI)
  16. 16. Douglass Houses Today16
  17. 17. 17Comments and Concerns aboutLand Lease ProposalGroup Discussion #1
  18. 18. 18Building Site and DesignOptions
  19. 19. Possible Relocation of Site Uses19
  20. 20. West 100th Street Development SiteManhattan Avenue Development SiteDouglass Houses: DevelopmentSitesWest 104th Street Development Site
  21. 21. Douglass Houses: Relocated ParkingParking Lot 5 ExpandedParking Lot 4 ExpandedParking Lot 3ExpandedDouglass FarmProposed New Parking Lot
  22. 22. Group Discussion #222Design Options Parking Relocation Douglass Farm / Resident GardenRelocation Security
  23. 23. 23Process to ask developers fortheir ideas based on specificguidelines that NYCHA providesRequest for Proposal
  24. 24. RFP is currently in development24Guidelines Under Consideration Alternate power source Distribution of apartment units Employment opportunities & training Preference for Douglass Houses residents foraffordable units Financial literacy training
  25. 25. Group Discussion #325Request for Proposal Alternate power source Distribution of apartment units Employment opportunities & training Preference for Douglass Houses residentsfor affordable units Financial literacy training
  26. 26. Next Steps in 201326 RFP out end of April Round of resident discussions Proposals submitted July/August Round of resident discussions Designation of developer Fall 2013 Round of discussions with residents, NYCHA Staffand designated developer
  27. 27. Key Milestones 2014-2016Ongoing resident discussions27 Environmental review Submission of Section 18 application HUD Review of Section 18 application Upon approval, enter lease agreement Construction preparation & groundbreaking
  28. 28. 28Q & A
  29. 29. 29Land Lease Website comments can be submitted online and in writing to:New York City Housing AuthorityLand Lease CommentsPO Box 3422New York, NY 10008