Jonathan Rose Companies Cutting Edge Projects New Housing New York / Via Verde August 2008

Jonathan Rose Companies

Cutting Edge Projects

New Housing New York / Via Verde

August 2008

Jonathan Rose Companies New Housing New York/Via Verde

Planning

Development

Owner’s Representative

Investments

Jonathan Rose Companies Four Practice Group Model


Community Charrette

Steering CommitteeKickoff with Commissioners of Buildings & Housing

Competition Poster


Four Finalists + One Winner

seg Full Spectrum Hamlin Behnisch studioMDADevelopers: seg, Full Spectrum of New York, Hamlin VenturesArchitects: Behnisch Architekten, studioMDA

BRP Bluestone Rogers MarvelDevelopers: BRP Development Corporation, The Bluestone Organization, Mid-Bronx DesperadoesArchitect: Rogers Marvel ArchitectsEngineers: Buro Happold

The Legacy Collaborative Developers: The Dermot Company, Nos Quedamos, Melrose AssociatesArchitects: Magnusson Architecture and Planning, Kiss + Cathcart

WHEDCo Durst Cook+FoxDevelopers: Women’s Housing & Economic Development Corporation (WHEDCo), Durst SunsetArchitect: Cook+Fox Architects

Phipps, Rose Dattner, Grimshaw Developers: Phipps Houses and Jonathan Rose CompaniesArchitects: Dattner Architects and Grimshaw Architects

Jonathan Rose Companies New Housing New York/Via Verde New Housing New York

Jonathan Rose Companies New Housing New York/Via Verde New Housing New York

Phipps, Rose Dattner, Grimshaw Developers: Phipps Houses and Jonathan Rose CompaniesArchitects: Dattner Architects and Grimshaw Architects

NYCHA

S. Bronx H.S.

D.O.E. Ball fields

(New retail here)



Landscape Plan






INHERENT Green Building Elements – Site Design

• Location in a dense urban area, with accessible public transit

• South-facing orientation for the entire project to promote access to sunlight

• All apartments have two exposures to promote cross ventilation


INHERENT Green Building Elements – Architecture

• Highly insulated façade/roofs

• ENERGY STAR appliances and lighting

• Water efficient fixtures

• High-performance mechanical systems and individual control for heating/cooling

• Healthy and sustainable material choices

• Energy modeling


ENHANCED Green Building Elements – Energy

• Integration of solar panels into the roof and façade design

• Exterior solar shades

• Heat recovery from the air exhausted from the apartments

• Cogeneration system

• Commissioning and M&V


ENHANCED Green Building Elements – Water and Indoor Environmental Quality

• Green roofs for more effective insulation and storm water management

• Rainwater harvesting system

• Filtered fresh air provided to apartments


Promotion of Healthy Living

• Roof gardens and generous outdoor space with recreation areas

• On-site health and fitness center

• Use of healthy interior materials

• Bicycle storage areas

• Involvement of the Department of Health

• Food Co-op/local food production


Green Design Criteria

• LEED NC – Gold Rating

• Enterprise Green Communities

• New York State Energy Research and Development Authority (NYSERDA)


Sources and Uses: Rental Component150 units, (25% @ 80% AMI, 75% @ 60% AMI)

Rental Permanent Sources Total PDU

HDC First Mortgage 8,050,000 53,667

HDC Second Mortgage 12,750,000 85,000

LIHC/SLIHC Tax Credit Equity* 28,185,000 187,900

FHLB AHP 1,000,000 6,667

HPD Subsidy** 4,860,000 32,400

NYSERDA Grant 445,000 2,967

Green Sources 100,000 667

Deferred Developer Fee 3,000,000 20,000

Total 58,390,000 389,267

Rental Uses

Hard Costs (incl. contingency)* 48,620,000 324,133

Soft Costs 5,270,000 35,133

Paid Developer Fee 1,500,000 10,000

Deferred Developer Fee 3,000,000 20,000

Total 58,390,000 389,267


Sources and Uses: Co-op Component71 units (100% @ 110% AMI)

Co-Op Permanent Sources Total PDU

HDC First Mortgage 6,461,000 91,000

HDC Second Mortgage 4,615,000 65,000

NMTC Equity 4,915,500 69,232

AHC 2,307,500 32,500

BP / Reso A 1,000,000 14,085

HPD Subsidy** 1,182,000 16,648

NYSERDA Grant 250,000 3,521

Sales Proceeds 10,930,000 153,944

Total 31,661,000 445,930

Co-Op Uses

Hard Costs (incl. contingency)* 23,189,000 326,606

Soft Costs 5,399,500 76,049

Paid Developer Fee 3,072,500 43,275

Total 31,661,000 445,930






Documents

Jonathan Rose Companies Cutting Edge Projects New Housing New York / Via Verde August 2008