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Council Member Banks inquires about $1.1 billion in NYCHA comprehensive modernization projects
3:24:59
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130 sec
Council Member Chris Banks inquires about the status of $1.1 billion in comprehensive modernization projects budgeted over the five-year capital plan for NYCHA. Shaan Mavani, Chief Asset & Capital Management Officer at NYCHA, provides a detailed response outlining the progress of four major projects, including St. Nicholas Houses, Toad Hill, and two projects funded through the Gowanus rezoning.
- St. Nicholas Houses project (about half the funding) is in the construction phase with tenant relocations and initial construction activities beginning.
- Toad Hill project in Staten Island ($200 million) has successfully relocated residents from two buildings, with ongoing construction and plans for the next phase.
- Two projects funded through Gowanus rezoning (Gowanus and Wyckoff) have recently started the design process and are engaging with residents.
Chris Banks
3:24:59
And this is my last question, and I'll come back and turn it over to the chair and let my colleague speak.
3:25:06
What is the status of the $1,100,000,000 in comprehensive modernization projects budgeted over the five year capital plan and what are the upcoming milestones?
3:27:08
Alright.
3:27:08
Thank you.
Shaan Mavani
3:25:17
Great, thank you for that question.
3:25:19
So the 1,100,000,000.0 is split across four projects.
3:25:24
The largest project is at St.
3:25:25
Nicholas Houses.
3:25:27
That is about half of the funding.
3:25:30
That project is now in the construction phase.
3:25:33
So it's a design build project.
3:25:35
The relocations of tenants from the first two buildings has started which is the first phase of a multi building project.
3:25:41
And the initial construction activity is starting later this month around demolition and abate abatement and activities like that.
3:25:48
The second project, Toad Hill in Staten Island is a little bit smaller, about $200,000,000.
3:25:54
That project has already fully relocated two buildings successfully and very quickly with a lot of resident engagement and support.
3:26:01
Construction is heavily ongoing at those two buildings.
3:26:04
And already we're planning for the next two buildings.
3:26:07
Once that construction completes, the next set of residents will temporary relocate and residents from the first two buildings will be able to move back into brand new apartments in a fully renovated building.
3:26:18
The other two projects are funded through the Gowanus rezoning, so work at Gowanus and Wyckoff.
3:26:25
We recently NTP'd which basically means we executed the contract with the design build firm and moved to design build activities.
3:26:36
We are currently working through the kind of typical design process with a 30 or 60% design.
3:26:42
They're already starting to engage.
3:26:43
They have been engaging with residents for a while.
3:26:45
NYCHA engaged for two years, but now that the vendor is on board they're engaging closely, talking about relocation type of practices and processes, resident concerns, etcetera.
3:26:54
So we expect those projects to move forward very, very effectively just like the first two based on what we've learned through the program.
3:27:01
But given the success we've had so far in terms of resident engagement, the procurement process, and bringing on a very strong vendor.