We are so proud to celebrate this important milestone with the amazing tenants of the Sack Wern Houses community, NYCHA Real Estate Development, and our great partners Asland Capital Partners and Douglaston Development. Can’t wait to see the results of this transformative project in the Bronx!
Today we announced the closing on the financing for Sack Wern Houses, a $275 million PACT project! This closing will bring comprehensive renovations to nearly 800 residents living in over 400 apartments across seven buildings in the Soundview neighborhood of the Bronx. “Sack Wern residents have advocated for their community needs, and we look forward to seeing the PACT partner team provide $275 million in investments for this community,” said EVP for NYCHA Real Estate Development Jonathan Gouveia Congratulations to all of our residents and PACT partners for reaching this milestone! Douglaston Development Asland Capital Partners Breaking Ground (NYC Permanent Supportive Housing) Clinton Management BronxWorks To read the full press release, click below: