Isometric drawing of a campus of identical sixteen-storey residential slabs on a regular grid.

Twenty-two buildings. Portfolio scale.

Nineteen residential buildings on one campus plus tower and school-building sites on another — apartment interiors, amenities, façades, and building systems at portfolio scale.

Brooklyn, NY
Sheet MD-104
Schedule of quantities

Figures are drawn from project records. Names, partners, and addresses are withheld by design.

What was built.

The scope taken apart into the four trades it was bid and run in. Every line of it happened with residents in place, which is the constraint that decides sequence, phasing and cost.

What this one proves .0

Scale is a scheduling problem before it is a money problem.

Twenty-two buildings and 1,922 apartments moved through interiors, façades and systems inside a single construction year. Nothing about that is affordable if the sequencing is wrong.

Exploded axonometric drawing of a residential slab separated into identical repeating floor plates.

Twenty-two buildings held to one standard across two campuses. Bring us the one you are working through.

Work it through

Work packages .1

8 lines of scope, by trade. 2 enter occupied apartments — marked.

Building systems1

  • Elevator modernization

Envelope3

  • Roof replacement and community-center repairs
  • Full window replacement
  • Façade repairs with EIFS installation

Interiors1

  • Kitchen and bathroom upgrades — stainless appliances, quartz counters

Site & amenities3

  • Common-area upgrades
  • Laundry-room build-out and upgrades
  • Playground, landscaping and hardscaping

Capital structure .2

Sources behind the $430MM total development cost, in order of repayment priority.

SeniorBank and public-agency senior financing
EquitySponsor equity

Sources only — amounts are not disclosed.

Chronology .3

64 years old at conversion.

1958–1970 built2022 → 2023 rehabilitated

The operator's note .4

On the map. Approximate by design.

Marker height encodes portfolio size, not location precision. Sites are shown by borough because that is as specific as this page gets.

Sample portfolio map — New York City Stylized drafting-sheet map of the five boroughs. Gold pylon markers show the approximate borough of each sample project; marker height reflects portfolio size. Locations are approximate by design.

Where this one sits in the portfolio.

The portfolio schedule with this project’s row brought forward. Bars are scaled within each column, so measures of different units never share a scale.

Bring us the deal, the deficiency, or the decisions you're stuck on.

Let's work it through.

Work it through

One business day to a reply3,500+ units advised & operated25 years in NYC