Volume 17, Number 46 | April 8 — 14, 2005

Liberty Bonds Projects (Residential)

After 9/11, the federal government gave the state and city the authority to approve $1.6 billion in Liberty Bonds to residential developers in Lower Manhattan.

State

Issued Developer Amount # of Units Status

10 Liberty Street Litwin $95 million 287 Completed
Battery Park City Site 19B Related Cos. $110 million 274 In construction
20 River Terrace (BPC 18A) Albanese $101.5 million 293 Completed
Historic Front Street Sciame/Zuberry $38.3 million 96 In construction
North End Avenue (BPC 18B) Albanese $98.8 million 336 In construction
100 Maiden Lane Lalezarian $95 million 253 In construction
10 Barclay Street Litwin $135 million 396 In construction
88 Leonard Street Boymelgreen $112.5 million 352 In construction

Total $786.1 million 2,287
Total Remaining $13.9 million
Source: NYS Housing Finance Agency/SONYMA

City

Issued Developer Amount # of Units Status

90 Washington Street Moinian Group $74.8 million 398 Completed
2 Gold Street Rockrose Dev. Corp. $170.3 million 650 Completed
63 Wall Street RBNB 63 Wall St. LLC $132.5 million 476 Completed
90 West Street Brack Realty Capital $101 million 400 In construction
15 William Street Manocherian Org. $131.4 million 386 Just announced

Total $610 million 2,310
Total Remaining $190 million
Source: New York City Housing Development Corporation

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