Property of the Month: Pillar Property, ESKW/Architects, IMC Architecture, JV Construction & Brisa Builders break ground on $35M Earl Monroe New Renaissance Basketball School
Bronx, NY Basketball Hall of Famer Earl Monroe and school founder Dan Klores led the groundbreaking ceremony for the new Earl Monroe New Renaissance Basketball School (EMNRBS) in Mott Haven. They were joined by NBA commissioner Adam Silver, Walt ‘Clyde’ Frazier, Julius Randle, the co-chairman of the school’s board of trustees Jack Irushalmi, Pillar Property Management principal Kiumarz Geula, IMC architecture principal Jonathan Imani, AIA, and ESKW/Architects partner Kimberly Murphy, AIA.
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Ebenezer Plaza wins Innovation Award for affordable housing community
The development, with $300 million in underwriting, also offers expanded community services, including a soup kitchen, food pantry, educational programs for adults and children, computer training and family counseling.
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Basketball-Themed Charter School Breaks Ground in Mott Haven
Basketball Hall of Famer Earl “The Pearl” Monroe led the groundbreaking celebration of the high school named in his honor, The Earl Monroe New Renaissance Basketball School in the Mott Haven section of the Bronx. Designed by ESKW/Architects and IMC Architecture, the new five-story building is scheduled to open its doors in early 2026.
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NBA leaders, stars break ground for $35M Basketball Charter School in the Bronx
New York Knicks legend and Basketball Hall of Famer Earl ‘The Pearl’ Monroe led the groundbreaking celebration of the high school named in his honor, The Earl Monroe New Renaissance Basketball School (EMNRBS), as the crowds of ecstatic students, faculty, community leaders, teachers, parents, political figures and board members of the three-year-old not-for-profit public charter school cheered.
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The Earl Monroe New Renaissance Basketball School Breaks Ground At 647 Elton Avenue in Mott Haven, Bronx
The Earl Monroe New Renaissance Basketball School, a new five-story building located at 647 Elton Avenue in Mott Haven, Bronx, recently celebrated its groundbreaking with a ceremony led by New York Knicks legend Earl ‘The Pearl’ Monroe.
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Developer scores with 31-year lease for basketball-themed charter school
At today’s groundbreaking for the Earl Monroe New Renaissance Basketball School in the South Bronx, all eyes will be on the school’s namesake, a legendary player known as Earl the Pearl, as well as NBA Commissioner Adam Silver and other hoops dignitaries.
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Brownsville Affordable Housing Lottery With $774 Three-Bedrooms Opens
An affordable housing lottery has started for 165 truly affordable apartments in an under-construction Brownsville building, with one-bedroom units starting at $484 per month.
The lottery is for the third and final building in the 100 percent affordable Ebenezer Plaza complex, developed in a partnership between Ebenezer Urban Ministries Center (formerly the Church of God of East Flatbush) and a group of other affordable housing developers.
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Brisa Builders breaks ground on 82-unit Grace’s Place
Brisa Builders broke ground on 82 units of affordable senior housing at 13-38 Central Ave. in Far Rockaway. The project, titled Grace’s Place, is a senior housing development for affordable housing in Edgemere. The project has the support of community partners and government agencies.
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Governor Hochul Awards $260 Million in Funding to Build and Preserve More Than 1,800 Homes Across New York
Funding Will Support Nearly 30 Projects Statewide to Protect and Expand the Affordable Housing Supply, Provide Supportive Services, and Assist Local Development Initiatives
Builds on Governor Hochul’s Agenda to Address New York’s Housing Crisis by Increasing the Housing Supply
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Mayor Adams Announces $50 Million Initiative to Reduce Barriers and Support Minority-Owned Developers to Build More Affordable Housing
Effort Expected to Enable $500 Million in Private Construction Lending to Minority-Owned Affordable Housing Developers Through Partnership With Goldman Sachs and Community Preservation Corporation
As Adams Administration Doubles Down on Commitment to Fight Housing Crisis, City Needs More Tools from Albany to Build Affordable Homes for New Yorkers
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Amid a Housing Crunch, Religious Groups Unlock Land to Build Homes
Faith-based organizations are unlocking their real estate to develop affordable housing, but they face challenges from reluctant local residents, wary lenders and strict zoning laws.
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HUD Wants to Help Brooklyn Churches Build Affordable Housing
As Albany struggles — and struggles — to pass measures foster more affordable housing development, some federal housing officials are encouraging churches to fill in the gap.
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NYCHA selects private development team for $246M in repairs at two South Bronx projects
The New York City Housing Authority has selected a development team to make $246 million worth of repairs at a pair of South Bronx public housing projects and bring them under private management through its Permanent Affordability Commitment Together program.
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Residents Select PACT Partner Team to Perform $246 Million in Capital Repairs for Nearly 1,500 Residents at Moore Houses and East 152nd Street-Courtlandt Avenue
NEW YORK - The New York City Housing Authority (NYCHA) today announced that capital repairs totaling $246 million will be addressed for nearly 1,500 residents living at Moore Houses and East 152nd Street-Courtlandt Avenue through the Permanent Affordability Commitment Together (PACT) program, significantly improving living conditions at the developments. Following months of review and engagement with residents, NYCHA and a Resident Review Committee have selected Mega Group Development and Brisa Builders to provide comprehensive repairs to 684 apartments across four buildings at the two Bronx developments. Mega Group Development and Brisa Builders Development, a Minority-owned Business Enterprise (MBE), will serve as co-developers. Mega Contracting Group will be the general contractor, and Cornell Pace will manage the properties after they convert to Project-Based Section 8.
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Brisa Builders Development LLC and Glenmore Managers LLC get the green light to start construction on Glenmore Manor
Brooklyn, NY Residents and business owners of Brownsville gathered together with Glenmore Manor Managers LLC to celebrate the groundbreaking ceremony for the construction of Glenmore Manor. Brisa Builders Development (BBD) is the leader of the joint venture entity Glenmore Manor Managers LLC. Composed of BBD, African American Planning Commission Inc., and Lemle & Wolff Companies, Glenmore Manor Managers LLC is responsible for the project that will bring affordable housing and economic development to Brownsville.
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Construction Begins on Affordable Housing Complex in Brownsville
The development project will create 232 affordable housing units and an entrepreneurial hub.
Local officials are celebrating the start of the construction phase of Glenmore Manor in Brownsville, a game changing affordable housing development.
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Construction Breaks Ground At 97 Glenmore Avenue In Brownsville, Brooklyn
Construction is now underway at 97 Glenmore Avenue, the site of a forthcoming affordable housing development in Brownsville, Brooklyn. The building will debut as Glenmore Manor led by private real estate company Brisa Builders Development, non-profit community developer African American Planning Commission Inc., and affordable housing owner-developer Lemle & Wolff Companies.
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Three Black Developers Drive $400 Million Revenue to Black Business Ecosystem
The real estate development industry has long been dominated by white-owned companies, with only a small fraction of the 112,000 firms in the United States being Black-owned.
However, Black real estate developers are proving to be just as successful as their white counterparts, and they are also more likely to hire Black owned businesses.
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NYCHA and Resident Leaders Select Hope Community and Brisa Builders to Deliver Over $75 Million in Capital Improvements for More Than 1,200 Residents at Wilson Houses
NEW YORK – The New York City Housing Authority (NYCHA), in partnership with resident leaders, today designated the non-profit organization Hope Community, Inc. and Brisa Builders Development – a minority- and women-owned business enterprise – to begin the process of renovating 398 apartments to benefit 1,200 residents at Wilson Houses in East Harlem through NYCHA’s Permanent Affordability Commitment Together (PACT) program.
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Place Saint Marie building sold to New York investors
LEWISTON — Brisa Ventures, a New York investment and development firm based in Brooklyn, acquired Place Ste. Marie this week, a 40-unit affordable housing apartment complex on Oxford Street, for an undisclosed price.
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