New York Times: POSTINGS: Housing Group Builds For-Profit Project in Brooklyn; 12 Market Rentals And Two Storefronts

The Community Preservation Corporation in Manhattan has provided financing throughout New York and New Jersey for adding and preserving 93,000 affordable housing units over almost three decades. But last summer the housing group took a new path when its for-profit subsidiary, Community Preservation Corporation Resources, developed a vacant lot in Brooklyn into a four-story building with retail space at ground level and 12 rental apartments above…

http://www.nytimes.com/2003/02/23/realestate/postings-housing-group-builds-for-profit-project-brooklyn-12-market-rentals-two.html