HVPG Closes $47M Rockland Affordable Properties Renovation

Hudson Valley Property Group (HVPG) has completed a $47 million renovation project in Spring Valley, New York. This initiative involved the refurbishment of two properties: Lakeview Village, a 144-unit senior housing property, and Highview Apartments, a 76-unit family housing property.  

The extensive upgrades encompassed apartment revitalization, improved property aesthetics, and the installation of a high-definition site monitoring system to enhance security and community standards compliance. 

Over a third of the units receive subsidies through HUD tenant-based Section 8 vouchers, ensuring affordable rents. “We are extremely pleased to celebrate the remarkable transformation of Lakeview Village and Highview Apartments, which would not have been possible without the support and collaboration of the Town of Clarkstown and Village of Spring Valley, as well as our valued partners at the IDA,” said Jason Bordainick, co-founder and managing partner of Hudson Valley Property Group.