DCA is a 27 building, 216 unit scattered-site Mitchell-Lama, family property located in the Brownsville, Crown Heights and Bedford-Stuyvesant neighborhoods of central Brooklyn. Omni New York LLC acquired the property in December 2011 with financing provided by the New York City Housing Development Corporation (“HDC”) and the New York City Department of Housing Preservation and Development (“HPD”). HDC provided financing through the issuance of tax-exempt bonds and a low-interest mortgage loan. HPD provided an additional low interest mortgage through its Neighborhood Stabilization Program.
Over $11.7 million dollars was spent on the building renovation that was completed in late 2012. The scope of work included renovating the hallways, installing new roofs and building entrance doors, and replacing and upgrading building mechanics including installing modular condensing steam boilers in each building, Additionally, in-unit improvements included the installation of new floors, painting, windows, entry and closet doors, kitchen cabinets, energy star appliances, countertops, fixtures, bathroom vanities, sinks, faucets, bath tubs and tiles. The security system at the property was also completely overhauled with the installation of approximately 280 DVR surveillance cameras.