Cromwell Towers

Cromwell Towers, located in Yonkers, NY is a family apartment complex which is 100% affordable. Acquired in 2011 in a joint-venture between Silver Street, Metropolitan Realty Group, and Low Income Housing Corp., the property underwent a substantial rehabilitation of its 317 units and parking structure. Preservation of this asset was accomplished through a tax exempt bond issue from the Yonkers IDA and Citi Bank.

317 Units

Acquired: 2011

Investor: Boston Financial