Today, Camber Property Group announced the official opening of Victory Plaza, a 136-unit 100 percent affordable housing development in Central Harlem
featuring 81 units set aside for low-income seniors and 55 homes for formerly homeless seniors.
Located at 11 West 118th Street, the nine-story building was developed by Camber in partnership with Harlem Congregations for Community Improvement, Inc. (HCCI), the New York City Department of Housing Preservation & Development (HPD), and the New York City Housing Development Corporation (HDC).
“A truly equitable city requires us to build dignified, permanent homes for all New Yorkers, including our most vulnerable,” said Rick Gropper, Principal, and Co-founder of Camber Property Group. “Victory Plaza will allow much low incomes and formerly homeless seniors to remain in the city they love as we begin to rebuild and recover from the COVID-19 crisis. Camber is committed to the future of New York, and projects such as this will pave the way.”
“The opening of Victory Plaza represents our commitment to housing our most vulnerable New Yorkers,” said HDC President Eric Enderlin. “This development will benefit the Central Harlem community for generations to come, with more than 130 homes for low-income and formerly homeless seniors – more than a third of which are permanently affordable. Thank you to all our partners for their dedication to bringing this vital project to completion during these challenging times.”
“In the wake of the pandemic, the need for safe, secure, affordable housing for our city’s seniors has never been clearer,” said HPD Commissioner Louise Carroll. “Victory Plaza provides more than 100 seniors a safe and secure environment to live, with the supportive services that they need to thrive. I want to thank the Camber Property Group and all of our partners for bringing this important project over the finish line, and to welcome the residents to their new homes.”
The $65 million project was financed by HDC, HPD and Wells Fargo, and was designed by Aufgang Architects. Amenities available to residents at Victory Plaza include a landscaped outdoor recreation area, fitness center, programmed community space, laundry and bicycle parking. The building will feature on-site wraparound social services, provided by HCCI, addressing areas such as financial security, health and wellbeing, and isolation prevention.
Camber Property Group has been making an impact in the affordable housing market in New York City for years, developing innovative projects and preserving much-needed affordable housing in communities across the five boroughs. This summer the company opened The Strand, a 132 unit mixed-use development located in the heart of Ridgewood, Queens, and completed 126 units of affordable units in The Bronx at the Tiffany Street Apartments. Camber is currently rehabbing more than 1,000 affordable units at two major Bronx developments, Baychester and West Farms, and recently closed on a portfolio of 384 affordable housing units across eight buildings in Flatbush, Brooklyn.
More information on the Camber Property Group can be found at www.camberpg.com.
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