About Us
Omni New York LLC (“ONY”) is a real estate development company that was founded by Maurice “Mo” Vaughn and Eugene Schneur for the purpose of bringing revitalization and development to various neighborhoods in New York and other states.
ONY focuses not only on the real estate aspect of revitalization and development, but also on the social aspect of the revitalization of the neighborhood by partnering with community and neighborhood groups to provide social services to the community, such as after school programs for children as well as skill building seminars and classes for adults. On the real estate development side, ONY is providing quality, well managed affordable housing in neighborhoods that have historically had a shortage of such affordable housing.
Since December 2004, ONY has acquired and has either rehabilitated or is in the process of rehabilitating 2,992 units of affordable housing in New York state. ONY has also completed the construction of 41 new units of affordable housing in Seneca County, New York.
Omni New York LLC focuses not only on the real estate aspect of revitalization and development, but also on the social aspect of the revitalization of the neighborhood by partnering with community.
Outside of New York State, through ONY’s affiliate Omni America LLC, the company has purchased and rehabilitated 94 units of affordable housing in Gillette, Wyoming, and 414 units of affordable housing in Massachusetts.
Going Green
Since 2007, ONY has rehabilitated its properties in an energy-efficient manner by enrolling its projects in the New York State Energy Research and Development Authority (NYSERDA) Multifamily Performance Program, the National Grid Low Income Gas Efficiency Program and the Weatherization Assistance Program. By meeting, and often times exceeding these program standards ONY has created 11 energy efficient properties comprising over 2,200 units. Typical upgrades include replacement of old, inefficient boilers with high efficiency (98%) condensing boilers and indirect water heaters; installation of energy efficient lighting; replacing elevator motors with efficient models; upgrading refrigerators with energy star models; installing low-e argon filled windows; installing low-flow showerheads and sink aerators; and adding energy management systems. By undertaking these measures, ONY has seized the opportunity to reduce greenhouse emissions while at the same time reducing energy costs, and thereby providing quality affordable housing that is also energy efficient.