Metropolitan Realty and Silver Street Development Close $135M Transaction that will Rehabilitate 240 Units of Affordable Housing in a Landmark Project on Long Island, NY
In October of 2021 Park Lake Hempstead, L.P. closed on the financing for the renovation of 240 units of Section 8 housing in the Village of Hempstead in Nassau County, New York. The developers Metropolitan Realty Group (MRG) and Silver Street Development, teamed up for the preservation and transformation of the Park Lake Apartments. Scott