NRP Group breaks ground on new housing community in New York
The community will provide workforce housing for households earning between 30% to 60% of the AMI.
13 February 2024
13 February 2024
The community will provide workforce housing for households earning between 30% to 60% of the AMI.
Armac completed the demolition within 52 hours on behalf of the main contractor.
The community will consist of 25 townhouses with four to six units each.
Under the contract, a new school building, including eight classrooms and an integrated early learning centre, will be constructed.
The decline has been attributed to impairment charges in the company's segments.
The new 9,000m² headquarters will include a Major Crime Unit, victim services, dog unit, and more.
The rehabilitation effort is intended to extend the service life of the bridges by up to 40 years.
The deal will be financed via cash reserves and committed debt financing from Morgan Stanley Senior Funding.
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