- A recapitalization of an existing 1969-built, 150-unit affordable complex -- not new housing supply.
- NYC's own public housing records show the building carrying open HPD violations, including hazardous conditions and a recurring elevator-maintenance history, around the time of this financing.
- Structured as an LIHTC investor restructuring (Alliant Tax Credit Fund entities) alongside the bank mortgage, with NYC HPD directly party to a subordination agreement.
Hush Street Deals
Notable New York City property deals — sales, acquisitions and financings worth knowing about, each one traced back to the records and reporting behind it. A curated selection, not every transaction; coverage is deepest in Brooklyn.
- Building operates as a Women In Need (Win) family shelter, per NYC's Department of Homeless Services.
- City records place the site in East New York, a boundary discrepancy with Hush Street's Brownsville listing.
- M&T Bank has a recurring lending relationship with operator Liberty One Group's shelter portfolio, including a separate $9.7M Cypress Hills refinancing.
Nearby streetscape — not confirmed as the property
- Three mortgages from one lender, all dated the same day on the same two lots.
- The state release describes a 95-unit development with 57 supportive apartments.
- The project includes a ground-floor community health care facility.
Deals Intelligence
A read on Hush Street's own documented coverage across all 75 published deals -- not an estimate of total market activity. Every row links to the underlying records.
Coverage Published transactions run from Dec. 2025 to Oct. 2026. Records are selected from New York City's public ACRIS filings and reviewed by hand, so this is a curated set weighted toward development-scale activity — not every Brooklyn transaction in that period. Automated collection currently monitors a rolling 90-day window, which trails the city's own public feed by several weeks; anything published outside that window was added by editorial research.