Smith Houses has a $227 million unmet need for capital improvements over the next 5 years.

1. Preserving Public Housing
Roundtable Discussion
Smith Houses
April 11, 2013

2. Introductions
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3. Conversation Guidelines
 Let’s hear from everyone
 No interruptions
 Treat everyone with respect
 Respect different opinions
 No videotaping
 Facilitators will take comments and questions at
tables
 Note-takers are capturing ideas and opinions. No
names will be used. 3

4. NYCHA’s Land Lease Proposal
Proposal to lease land to a developer for
construction of a new apartment building.
All revenue will go to building improvements
at Smith Houses and other
NYCHA developments.
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5. Discussion Topics
 Overview of Land Lease Proposal
 Building Site and Design Options
 Request for Proposal
 Project Timeline
 Comments and Q & A
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6. Overview of Land Lease
Proposal
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7. $13.4 Billion Unmet Capital Need
NYCHA Wide for the Next 5 Years
Smith Houses has $227
Million in capital needs
NYCHA’s current
5 year Modernization
Plan budgets
$ 2.3 Million for Smith
Houses for 2012-2016
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8. Overview: Land Lease Proposed Plan
 NYCHA would lease (not sell)
14 parcels of land located
within 8 developments
 Income generated will be
dedicated to building
improvements for public
housing
 The developers will finance,
construct, and operate new
residential buildings.
 Approximately 80% of the
apartments will be market rate
and 20% will be permanently
low income 8

9. Setting the Record Straight:
At Smith the Development Plan Will:
 Not increase rent for NYCHA residents
due to the new developments.
 Not demolish public housing apartments
 Not move NYCHA families
 Not privatize – NYCHA will still be the
landlord
 Not sell the land; NYCHA will own the
land under the new buildings.
 Not result in job losses or increased
work requirements for NYCHA
personnel.
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10. NYCHA’s Core Principles for Development
 All new buildings located along
street fronts to encourage
pedestrian traffic and campus
integration with the neighborhood
and reduce construction impact
 Replacement of all parking
spaces for all current resident
legal permit holders
 NYCHA will remain your landlord
and retain ownership of the land
under the new buildings via
99-year ground leases
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11. Benefits NYCHA Wide
 This initiative will generate between $30 million
and $50 million of funding on a yearly basis for
99 years (term of ground lease)
 All revenue will be used to improve the quality of
life of NYCHA residents by funding a portion of
critical capital improvements – example: roofs,
elevators, boilers, electrical system, apartment
upgrades
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12. Benefits for Smith Houses Residents
 Alternative power for systems during blackouts
such as hallway and stair lighting, heat and hot
water, elevators and security
 Construction and permanent jobs opportunities
for NYCHA residents
 Enhanced security features for the entire
development
 Preference for low income apartments in the
new buildings
 Affordability restrictions are permanent
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13. Land Lease Plan
Smith Houses
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14. Smith Houses: Where We Are
4,280 residents live at Smith Houses
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15. Development Opportunity at Smith Houses
Robert F. Wagner Place Site
 Site Area: 19,000 SF
 New Construction: 365,000 SF
(approx.) / 395 Apartments*
South Street Site
 Site Area: 55,000 SF
 New Construction: 700,000 SF
(approx.) / 757 Apartments*
 Low Income units will be
available to households with
incomes at or BELOW 60% of
Area Median Income (AMI)
Maximum Allowable Income
1 person $ 36,120
1Based on Dept. of Housing and Urban Development 2013 (HUD) Standards 2 persons $ 41,280
*Calculation based on 925 SF unit size assumption
3 persons $ 46,440
4 persons $ 51,540
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16. Group Discussion #1
Comments and Concerns about
Land Lease Proposal
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17. Building Site and Design
Options
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18. Possible Relocation of Site Uses
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19. Smith Houses: Development Sites
Robert F Wagner Place
Development Site
South Street Development Site

20. Smith Houses: New Parking and
Improved Open Space
Alfred E Smith DPR Rec. Center
Improve access for Smith Residents
Central Plaza Improved space to
accommodate Family Day and Tai Chi

21. Group Discussion #2
Design Options
 Phasing of Development
 Interim / Permanent Parking
Replacement
 Improving Smith Houses Open Space
 Security
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22. Request for Proposal
Process to ask developers for
their ideas based on specific
guidelines that NYCHA provides
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23. RFP is currently in development
Guidelines Under Consideration
 Alternate power source
 Distribution of apartment units
 Employment opportunities & training
 Preference for Smith Houses residents for affordable
units
 Financial literacy training
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24. Group Discussion #3
Request for Proposal
 Alternate power source
 Distribution of apartment units
 Employment opportunities & training
 Preference for Smith Houses residents for
affordable units
 Financial literacy training
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25. Next Steps in 2013
 RFP out end of April
 Round of resident discussions
 Proposals submitted July/August
 Round of resident discussions
 Designation of developer Fall 2013
 Round of discussions with residents, NYCHA Staff
and designated developer
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26. Key Milestones 2014-2016
Ongoing resident discussions
 Environmental review
 Submission of Section 18 application
 HUD Review of Section 18 application
 Upon approval, enter lease agreement
 Construction preparation & groundbreaking
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27. Q&A
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28. Land Lease Website
http://on.nyc.gov/landlease
Public comments can be submitted online and in writing to:
New York City Housing Authority
Land Lease Comments
PO Box 3422
New York, NY 10008
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