Plaza Residencies - Brooklyn, NY
Omni acquired the property in June 2007 with bonds provided by the New York City Housing Development Corporation (HDC) and secondary financing from the Brooklyn Borough President's Office. The New York City Department of Housing Preservation and Development (HPD) provided Low Income Housing Tax Credits and secondary financing. The New York State Energy Research and Development Authority (NYSERDA) awarded grant funding to complete energy efficient measures.
A $25.0 million rehabilitation of the property was completed in 2008.