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News Releases

  • Pennrose Ranked #1 on Affordable Housing Finance’s Top 50 Developers for 2012
    April 17, 2013
    Pennrose, a leading real estate development and management company, was recently named one of Affordable Housing Finance magazine’s Top 50 Developers. Making the #1 spot, Pennrose broke ground on 1070 units in 2012.

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  • Pennrose Selected as a Co-Developer for the Redevelopment of Brooklyn’s Prospect Plaza
    March 7, 2013
    After two and a half years of collaborative planning, Pennrose was recently selected as a member of the development team for the revitalization of Prospect Plaza in Ocean Hill-Brownsville in Brooklyn, New York by the New York City Housing Authority (NYCHA) and New York City Housing Preservation and Development (HPD). Pennrose joins co-developers Blue Sea Development Company, Duvernay + Brooks and Rosenberg Housing Group (Blue Sea & Partners) on the new, affordable and public housing project.

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