Friday, September 16, 2011

Victory Fiedler Update

The Victory Fiedler Project was featured in the September 14th issue of the Staten Island Advance. As can be seen in the article below, the project is progressing nicely.

Senior housing going up in Tompkinsville


STATEN ISLAND, N.Y. - TOMPKINSVILLE - The multi-story building going up in the carved-out hillside on Victory Boulevard, between Fiedler Avenue and the old Tompkinsville Theater, has attracted its fair share of attention recently, as rectangular, box-like modules have been hoisted into place, story by story. A construction worker at the site told the Advance recently that each module is a completely finished and equipped pre-fabricated apartment, and that the building's stairways and elevators will be added once all the modular units are firmly secured. "There's going to be an art gallery on the first floor," he said. The $12 million project will provide 39 units of housing for senior citizens and low-income tenants, funded via a mix of public money, government subsidies, and private investment, the Advance reported in May of last year, naming R. Randy Lee of the Leewood Real Estate Group in Graniteville as co-developer, along with the nonprofit Victory Fiedler Housing Development. "We are going to build it and wrap it in a bow and hand it over to CASC," said Lee at the time, referring to the nonprofit Community Agency for Senior Citizens, which will manage the building. Neighborhood residents and passing motorists have contacted this newspaper, curious about the project's construction methods. "Is this safe? Or innovative?" one local resident asked in an e-mail last month. Shores has contacted Lee's company, seeking to confirm what the construction worker said last month and obtain additional information about the construction technology. We have not received a response as of press time, but will keep you posted.

Friday, July 15, 2011

Seaview Senior North Housing Project Update

We have good news to report here, as well. Final processing of the Grants from NYC necessary to build the project have been completed. NYC EDC has forwarded same to NYC OMB who will, thereafter, arrange for the advance to be registered by the Comptroller's Office. What all of the foregoing means is that they will then be part of the official NYC Budget. We are also moving at the same time towards finalization of the tax exempt bond issue which will provide the balance of the funds beyond the NYC Grants that are necessary to complete the project. As of now, we are expecting there to be a "closing" sometime in October with construction to start immediately thereafter. This project has been long delayed by the NYC bureaucracy but we have finally broken through over the last few months

Victory Fiedler Project Update

Things are moving along at the Victory Fiedler site. The first floor slab has been poured and, pending the issuance of the necessary NYC Permits, the modular boxes are scheduled to be delivered to the site and set this month. Once that happens, everything will begin to move quite fast towards a year-end completion of the building.

Thursday, July 14, 2011

Webster, Astoria and Grove Project Updates

The Webster, Astoria and Grove projects remain in a state of limbo due to a combination of budgetary problems starting with the City, State and Federal governments. Subsidies for affordable housing of every variety are bound up in the budget woes of government at every level. Added to that, the banks that hold the existing debt on the Astoria and Webster properties have become impatient, so we are trying to deal with those issues as they come up, in terms of renegotiating with the banks and are looking for alternate development scenarios for the properties.

Friday, April 08, 2011

Victory Fiedler Project Update

The Victory Fiedler Project continues to advance with lots of work being accomplished in the modular  factory in Brooklyn. Below are some pictures documenting the progress.


It all begins with raw materials and supplies. Above, a collage of pictures from the factory shows, clockwise from top left, a drywall supplied to the factory, lighting fixtures, sinks, kitchen hoods, kitchen cabinets, and lavatories awaiting installation.

Above: Panels of drywall on metal studs ready to be attached to the steel module frames.



Above: A row of six or more modules with drywall and metal studs in place, all anchored to the solid steel frames. As each module progresses down the assembly line from back to front, more and more finishing touches are added till the modules are completed.


Above: A module having interior finishes put in. This picture also shows the steel rails on which each module travels as it completes its assembly.


Above: A finished kitchen with doors taped down and ready for delivery to the site


Above: A completed module with fenestration just before it leaves the factory floor.


Above: Completed modules await delivery to the site.