OLR LBCE New York, Bronx (view map)

OLR LBCE Apartments is located in Bronx, New York. The property consists of 154 units in 7 buildings. Omni New York LLC acquired the property in November, 2010 with financing provided by New York City Department of Housing Preservation and Development (HPD), Bank of New York Mellon and Citibank N.A.  HPD provided financing through the issuance of 9% low-income housing tax credits and low-interest mortgage loans. Bank of New York Mellon provided the construction loan, and Citibank N.A. provided the permanent loan.

Approximately $18.3 million dollars of building renovation was performed and completed in July, 2012. The scope of work included converting steam boilers to high efficiency condensing boilers, new gas service, new plumbing, new roofs, new windows, fa├žade repair and pointing, and upgrading the lobby areas.  Renovation within the apartments included new kitchen cabinets, energy star appliances, light fixtures, painting, new flooring, smoke and carbon monoxide detectors, and new bathrooms including medicine cabinets, vanities, low flow toilets, tubs, and faucets. A DVR security system with 170 security cameras was installed throughout the complex. 

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Before and After Photos

Leland Avenue Leland Avenue
Bryant Street Bryant Street
Crotona Avenue Crotona Avenue
East 175th Street East 175th Street
Stairs Stairs
Mailbox Mailbox
Living Room Living Room
Kitchen Kitchen
Bathroom Bathroom
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