CPC PROVIDES HARLEM APARTMENT BUILDINGS WITH $1.16M CONSTRUCTION LOAN

NEW YORK CITY — The Community Preservation Corporation has provided a $1.16 million construction loan for two Harlem apartment buildings’ rehabilitation. The three-story brick walk-up apartments on Astor Row are located at 60 and 62 W. 130th St. and are designated as a historic landmark by the NYC Landmarks Preservation Commission. Astor Row features 28 semi-attached row houses. The buildings are owned by PFC Astor Row HDFC and, once completed, will feature two two-bedroom apartments and a duplex garden apartment. The NYC Department of Housing Preservation and Development also provided $330,000 in additional financing under its Preservation Participation Loan Program. J-P Design Inc. has been selected as the architect and Setanta Restoration Inc. has been chosen as the contractor.