News from NYS Housing Finance Agency

For more information contact: (See below)

Friday, September 26th - Request for Media Coverage

St. Philip’s on the Park Opens Renovated Plaza and Playground; Announces Completion of Apartment Renovations

NEW YORK, NY (09/25/2008; 1549)(readMedia)-- REQUEST FOR MEDIA COVERAGE on Friday, September 26th

What:

St. Philip's on the Park, a 260-unit affordable rental apartment building in Harlem, celebrates the completion of major capital improvements, a renovated plaza and a new playground. A "Thank You BBQ" for tenants will be hosted by Blue Sea Development, the developer, and catered by Dinosaur Bar-B-Que.

When:

1. Friday, September 26, 2008
2. 1:30 p.m.

Where:

1. 480 St. Nicholas Avenue
2. (entrance at the southeast corner or W. 134th Street and Frederick Douglas Blvd.)

Who:

1. Priscilla Almodovar, President and CEO, NYS Housing Finance Agency
2. Deborah VanAmerongen, Commissioner, NYS Division of Housing and Community Renewal
3. Assemblyman Keith Wright (D-Manhattan)
4. Les Bluestone, principal, Blue Sea Development Co.

Contacts:

1. HFA: Philip Lentz
2. Director of Communications
3. Ofc. 212-872-0679
4. Cell 646-710-0162
5. Plentz@nyhomes.org

1. Blue Sea Development: Les Bluestone
2. 212-532-0333

Background:

The $28.2 million renovation of St. Philip's on the Park was financed by the New York State Housing Finance Agency (HFA) with financial assistance provided by the U.S. Department of Housing and Urban Development (HUD) and the New York City Department of Housing Preservation and Development (HPD). The improvements were completed a year ahead of schedule and without displacing any tenants.

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