NYC HPD Selects Development Proposal for Bed-Stuy Affordable Complex
The New York City Department of Housing Preservation and Development (HPD) selected “The Steps at Saratoga” proposal from RiseBoro, IMPACCT Brooklyn and Urbane Development to build new affordable housing for seniors and low-income families on a vacant lot in Bedford-Stuyvesant, Brooklyn. The project aims to be the first development in NYC to build a community-owned local network plant, providing more affordable internet access to residents and local businesses.
The two-building project is expected to produce approximately 238 new affordable homes, including 158 for low-income families and 80 for seniors. Approximately 49 of the homes will be set aside for formerly homeless households, including 25 for families and 24 for seniors.
“‘The Steps at Saratoga’ is an incredible example of community-driven development that will ensure Bed-Stuy residents have the resources, housing and opportunity they specifically asked for in the Bedford-Stuyvesant Housing Plan,” said Chief Housing Officer Jessica Katz.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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