RDC Development holds ribbon cutting for $560 million redevelopment; For Ocean Bay Apartments, a 24-building, 1,395-unit public housing complex

Queens, NY | New York State Homes and Community Renewal, the U.S. Department of Housing and Urban Development, NYC Housing Authority, RDC Development (a joint venture between MDG Design + Construction and Wavecrest Management) and partners held a ribbon cutting to celebrate the completion of the rehabilitation of Ocean Bay Apartments, a 24-building, 1,395-unit public housing complex in Far Rockaway, located at Beach Channel Dr. between Beach 54^th and Beach 58^th Sts. The $560 million redevelopment was NYCHA’s first and one of the country’s largest single-site conversions under HUD’s Rental Assistance Demonstration. The ribbon cutting ceremony took place before a kickoff to summer event.

Read the full article on NYREJ.

Read more about Bright Power’s work at Ocean Bay.