Markham Gardens

Markham Gardens is the large-scale redevelopment of a 12-acre blighted New York City public housing complex into a mixed-use, mixed-income community. Awarded through an RFP by New York City, the award winning “green” project was the pilot project for the “LEED for Homes” program and includes 240 mixed-income rental units, 25 mixed-income two-family homes for sale and extensive community amenities and recreation space. The $65 million development incorporates twelve different financing sources to execute an innovative and one-of-a-kind financing and partnership structure.

  • Property Type

    Mixed-Income Multifamily
    Public Housing Redevelopment
    NYC RFP Designation

  • Apartments

    240 Studios, One, Two, Three, and Four Bedrooms
    25 Two-Family Homes

  • Development Cost


  • Financing

    Centerline Capital
    Jones Lang LaSalle/Freddie Mac
    NYC HDC Tax-Exempt Bond Financing
    NYC HPD Low Income Housing Credits
    NYC HPD 421-a Negotiable Certificate Program
    NYCHA/HUD Land Subsidy
    NYSERDA Energy Efficiency Subsidy
    NYC HPD 420-c Tax Abatement
    NYCHA Section 8 Vouchers
    NYS AHC Construction/Purchase Loan
    NHS NYC NeighborWorks Loan
    NYS DHCR Home Loan

  • Completion Date

    December 2009

  • Awards

    Affordable Housing Finance Reader's Choice Award: Finalist, Master Planned/Mixed Use
    Neighborhood Housing Services Community Service Award

  • Sustainability

    LEED Silver Certification
    NYSERDA Energy Star
    Enterprise Green Building

70 N Burgher Ave
Staten Island, NY 10310
347 855 2440
View Website