NEW YORK CITY-A new school and affordable housing units are coming to East Harlem, brought to the area by unique partnerships, involving public-private money, baseball and education. The $85 million, 13-story facility will go up on East 104th street, between 2nd and 3rd avenues and is expected to open in the summer of 2014.
The school component will house the DREAM Charter School, the K-8 school founded in 2008 by Harlem RBI, a group that advocates and provides services for inner-city youth. The residential component will be 90 units of low-income housing, part of the Bloomberg administration’s $8.4 billion New Marketplace Plan. The Dept. of Housing Preservation and Development and the Housing Development Corp. will provide nearly $30 million for the units.
“This building will be a place where New York families can afford to live, children can get a first-rate education, and a fantastic non-profit can expand its services,” Mayor Michael Bloomberg said at an event yesterday where the plans were unveiled. “East Harlem will experience the benefits of this development immediately, but the greater impact on our city as a whole will come in the future.”
Part of the development will include space for Harlem RBI’s programs and offices. The DREAM Charter School portion will be funded in part by a $32.5 million grant from the New York City Dept. of Education’s Charter Facilities Matching Grant Program, according to a news release. Additionally, Harlem RBI has committed to “raise $20 in individual, corporate and foundation donations.” New York Yankee Mark Teixeira, who is co-chair of the Harlem RBI capital campaign, has kicked in $1 million.
“I became involved with Harlem RBI and DREAM Charter because I believe the work we are doing is truly changing lives,” Teixeira said. “It is my hope that my involvement can help shine even more light on this incredible organization and these extraordinary kids.”
Development partners for the project, which is scheduled to break ground next summer, are Civic Builders and Jonathan Rose Cos.
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