The New York City Housing Authority (NYCHA) and New York City Housing Preservation and Development have tapped Pennrose, a multifamily specialist based in Philadelphia, to be a co-developer on Brooklyn’s Prospect Plaza redevelopment. It joins Blue Sea Development Co., Duvernay + Brooks, and Rosenberg Housing Group (Blue Sea & Partners) in the project.
Developer Aims to Revive Passaic’s Dormant Uniroyal Factory
February 8, 2013
Pennrose Properties, LLC appeared before the Passaic Redevelopment Agency on Thursday night with a plan to refit the pre-World War II rubber factory and turn it into a modern mixed-used living space with high-end condominiums, market-price apartments, and affordable housing.