Skip to content

Developed in partnership with Project Renewal, New Providence is a 21-story development in midtown Manhattan

Located at 225 East 45th Street, the new construction building will include 131 units of affordable/supportive housing, 170 shelter beds for a women’s shelter, along with an upgraded primary care clinic, and a state-of-the art commercial kitchen serving as a hub for Project Renewal’s City Beet Kitchen.  City Beet Kitchen is an award-winning, work force development program and catering company.

 

The projected is financed through the New York City Department of Homeless Services, the New York City Department of Housing Preservation and Development’s Supportive Housing Loan Program, tax-exempt bonds by the New York City Department of Housing Development Corporation, and Low Income Housing Tax Credits. Closing on construction financing occurred in December 2023 and is currently under construction.  The marketing and lease-up process of units will begin in 2026.

 

tsttt

LOCATION

Manhattan, NY

TYPE

New Construction

SQUARE FOOTAGE

133,585

UNITS

131

Related Projects

  • All Projects
  • Current Projects
  • Past Projects
  • New Construction
  • Rehabilitation
  • Affordable
  • Market-Rate
  • Commercial
  • Mixed-Use
  • Multifamily Residential

Filter

  • All Projects
  • Current Projects
  • Past Projects
  • New Construction
  • Rehabilitation
  • Affordable
  • Market-Rate
  • Commercial
  • Mixed-Use
  • Multifamily Residential
  • Priority

    Our Portfolio

    We develop everything—from two-family homes and mid-rise affordable developments to high-rise mixed-use projects.