Jonathan Rose Companies

We are so pleased that New York City's Sendero Verde, the Largest Passive House Affordable Housing community in the world, was written up in the City and the UK's Guardian, one of my favorite papers. Jonathan Rose Companies L+M Development Partners LLC Acacia Network Passive House Institute New York Passive House Natural Resources Defense Council (NRDC) #environment #urbanism https://lnkd.in/esJSn2Re

I was lucky enough to visit Sendero Verde just a few weeks ago, as we are working with Jonathan Rose Companies (JRCo) and I joined a tour of the building. It is truly impressive to see what Jonathan described as the world's largest affordable passivhaus scheme, and this article unpicks that well. But there were a few other things that caught my eye, from a child friendly perspective. Sendero, as the article explains, is in Harlem, at the north east corner of central park (the views are pretty good). It's tall, it's high density and if I'm honest I was concerned how the shared courtyard on the first floor was going to work. For those of you not familiar with my musings, that's one of my things, they regularly fail as my and others' research shows. But here's the trick, and it runs deep. JRCo, in the complex world of affordable housing funding, don't just provide the housing, they provide the support structures that go with it, in other words the people, on site. They have a 'residents services co-ordinator', there is security and there are maintenance staff. There are people around. That courtyard is not an empty spot. It is also where the elementary school spills out. And soon it is going to have non-gated access to the street below. True, space is tight and true, as we saw in another scheme of their's that they inherited (housing is complex, that's for another post), it's not easy getting these courtyard spaces to 'work', but the company is thinking about it, and caring about it. Don't get me wrong, of course we care here too, in the UK. But it turns out, we have stuff to learn from the US, and in this case, stuff I have been arguing about for ages. We can't just 'design in' community and play and expect it to happen, we need to support it. We need a joined up approach to housing and services so that children and communities get to thrive. What JRCo, and the system in the US allows for, is for a more integrated approach. AND they track the outcomes for residents long term. Whilst my book is fixed (February publication folk), I continue to learn from international examples. The spatial, political and economic systems vary hugely but if you look, there are shining gems to be found. I feel a conference coming on. Who's in? Van Leer Foundation Bridges Fund Management Ltd. PATRIZIA SE The Earls Court Development Company Harriet Grant Playing Out Architects’ Journal Building Design.

Bay Ridge Gardens' Residents and Staff celebrated another successful National Night Out with the Annapolis Police Department, Annapolis Fire Department, Annapolis Office of Emergency Management, Office of the State's Attorney for Anne Arundel County, John Wesley United Methodist Church, Georgetown East Elementary, Eastport-Annapolis Neck Community Library, B2G Learning Centers, Lighthouse Bistro and Project 360 that performed throughout the night. Very Special thanks to all that volunteered to make this such a special event once again! Additional Info: B2G Learning Centers' Mission is to reduce educational, health, and financial disparities by providing digital and tech training to women in marginalized neighborhoods, empowering them to create digital and computational learning ecosystems that can uplift their communities. Learn More @ https://lnkd.in/eA9NQYim Light House Bistro is a social enterprise developed by The Light House Homeless Prevention Support Center to help train and provide living wage employment for students coming out of our workforce development programs and other partnering programs. Their social enterprise provides life-changing skills, experience and opportunities to move people forward as they rebuild their lives and become self-sufficient. Learn More @ https://lnkd.in/eAhV4Zgw Project 360's YouTube Channel: https://lnkd.in/e4v97RUQ Photos by: Nyia Curtis, Eye Opening Photography #NationalNightOut #NNO #2024 #SocialImpact #JonathanRoseCompanies #RoseSocial #Community #CommunitiesOfOpportunity #CommunityBuilding #SafeCommunities #AffordableHousing #ResidentServiceCoordinator

We are proud to announce that Nathan D. Taft, our Chief Investment Officer, has been elected to the Board of Directors at Impact Capital Managers! This marks a significant step for ICM as they welcome their first real estate investor to the board. We look forward to contributing to the growth and impact of ICM's mission in the private capital market. Read the announcement here: https://lnkd.in/e8ktwH7C

Educators, enhance your well-being and create a more joyful classroom experience for your students by attending the Garrison Institute's Annual Education Retreat. This retreat teaches the benefits of mindfulness and meditation in education alongside like-minded professionals. Don't miss this opportunity for personal and professional development! #teachers #education #meditation The Garrison InstituteNaropa University Learn more and register here: https://lnkd.in/eNmf3zMk

We are thrilled to share that Plymouth Square Village, Cambridge Tower and North Port Village have received a combined $1.8M in #GRRP Loans from the U.S. Department of Housing and Urban Development, through the #BidenAdministration, Inflation Reduction Act. Our team, Lauren Zullo, Scott Frye, Melissa Galek and Victor DeRamus, CPA joined HUD Deputy Assistant Secretary for Multifamily Housing Programs, Ethan Handelman, among others, to celebrate the announcement! With the investment, Jonathan Rose Companies aims to make crucial improvements to enhance resilience, sustainability, and quality of life for the residents living in all three developments. Across all three properties, some of these improvements include upgrading the roofs, adding roof-top solar panels to the buildings, and upgrading windows to make them more energy efficient. Plymouth Square Village is a 280-unit affordable community that consists of a 202-unit tower and 78 townhomes, and all units are affordable under a project-based Section 8 HAP contract with elderly preference in the tower and family occupancy in the townhomes. Amenities include a playground, community kitchen, computer room, and fitness area, as well as a wellness room where physicians can conduct health exams for the residents. The property also includes a full-time Resident Services Coordinator, who helps the residents engage with local services such as housekeeping help, meals, and medical services. Cambridge Tower is a 14-story, 250-unit Senior Section 8 property that was also an original pilot site for Jonathan Rose Companies’ Communities of Opportunity model and has successfully provided enhanced health and wellness services on-site as well as increased programming and services provided by community partners in the areas of hunger elimination, safety programming, stress reduction, education, and youth development. The property also includes a full-time Resident Service Coordinator who helps the residents engage with local services. North Port Village is a 251-unit Senior Section 8 complex located in Port Huron, MI, 60 miles north of Detroit. The property includes a ten-story high-rise tower and 14 detached townhome and garden-style flats. North Port’s amenities include a playground, basketball court and a clubhouse. North Port Village features Communities of Opportunity programming including 16 garden plots, bike racks, healthy vending machines, yoga, bus service and a local service reference guide. Press Release: https://bit.ly/3WAnv6c #AddordableHousing #Decarbonization #GreenBuilding #GreenBuildingSolutions #InflationReductionAct #RoseGreen #RoseSocial

Last month Jonathan Rose Companies, U.S. Department of Housing and Urban Development, Chicago Department of Housing, Chicago Housing Authority and the BJW Tenant Council celebrated the Ribbon Cutting / Renovation of Barbara Jean Wright Court Apartments! This video highlights the community spaces, improvements and celebrates all that was collectively achieved! Special Thanks AGAIN to All that have Contributed to Barbara Jean Wright Court's Success: Brandon Johnson, Jason C. Ervin, Byron Sigcho, Diane M. Shelley, Lissette Castañeda, Tracey Scott, Enterprise Community Partners, PGIM Real Estate, Huntington National Bank, U.S. Bank, Community Opportunity Fund, Skender, Tandem Ventures LLC, Ta Juana Tang, Carlson Environmental, a Nova Group, GBC Company, Grund and Riesterer Architects, Inc., McKay Landscape Architects, Paramount Vista National Land Services, Shriver Center on Poverty Law, Applegate & Thorne-Thomsen, P.C., Benford Protection Group, Urbanrelocation Services, Brandon Kearse, Dan Ping He, Michelle Krajewski #AffordableHousing, #AffordableHousingPreservation, #Chicago, #Acquisitions, #RoseSocial, #RoseGreen

Great Affordable Housing News article and interview with Jenny Wu, discussing improving communities and bettering the lives of residents through community development, partnerships with social services and a unique focus on sustainability. #AffordableHousing #Development #DevelopingAffordableHousing #GreenDevelopment #CommunitiesofOpportunity #SocialImpact #EnvironmentalImpact #RoseSocial #RoseEnvironmental #SenderoVerde #PassiveHouse #NYC

Earlier today our Acquisitions Interns, Hayley and Will, toured Tower West Apartments. Tower West is a 217-unit building consisting of 1, 2 and 3-bedrooms located on the Upper West Side, less than 1 block from Central Park. The building consists of 115 income-based units and 102 units available at or below 95% AMI. Tower West is a certified Enterprise Green Community and features on-site parking, terraces, community room + kitchen, a fitness center, in addition to other great community amenities and apartment features. See more of Tower West Apartments: https://lnkd.in/eJky5X4T #AffordableHousing #AffordableHousingPreservation #Acquisitions #Internships #NewYorkCity #RoseCommunities #EnvironmentalImpact

Jonathan Rose Companies in partnership with the Braintree-based developer The Schochet Companies announce the acquisition of Taurus at Fountain Hill in Boston, MA. Taurus at Fountain Hill consists of 73 affordable apartments. All units are rent-subsidized under a Project-Based Section 8 contract. The apartment complex was originally developed in 1981 and is in the Lower Roxbury neighborhood of Boston, proximate to Nubian Square. The location offers residents convenience, with access to transportation, restaurants, grocery stores, Nubian Markets, and the Benjamin Franklin institute of Technology all within walking distance. Rose and Schochet were awarded a $2.92 million loan from the City of Boston’s Acquisition Opportunity Program administered through the Mayor’s Office of Housing. This funding provided meaningful support to facilitate the long-term preservation of this critical affordable housing stock. "We are thrilled to acquire Taurus at Fountain Hill, a vital affordable housing asset located in the heart of Boston's historic Roxbury neighborhood. As Boston continues to experience rapid gentrification, Roxbury remains one of the few areas offering affordable living options, and we are committed to preserving and enhancing this invaluable community resource,” said Nathan D. Taft, Chief Investment Officer at Rose. After the acquisition, Rose and Schochet plan to invest in a major renovation of the property. Work will include major systems upgrades, window replacements, updates to apartments and community spaces, and significant greening improvements. "This was a complex transaction, and we are immensely thankful to all the agencies that collaborated closely with us, including HUD and the Mayor’s Office of Housing. We are excited to undertake a community-focused renovation that will ensure Taurus remains a safe, green, and affordable community for many years to come," said Max Jawer, Senior Director of Acquisitions at Rose. Rose and Schochet purchased Taurus from Cruz Companies. CBRE’s Simon Butler and Biria St. John brokered the sale, which brings Rose’s Massachusetts portfolio to over 650 units under ownership. “We are so pleased to work with Rose once again to preserve and improve another critical affordable housing resource and to make major physical upgrades to improve the quality of life for our residents,” said Richard Henken, Schochet’s President. As part of its Rose Social Impact program, Rose will be hiring a dedicated resident services coordinator to support the residents of Taurus at Fountain Hill by introducing social services programming and making connections to vital local resources. Press Release: https://bit.ly/3XunmSQ #AffordableHousing #AffordableHousingPreservation #Acquisition #Boston #RoseSocial #RoseGreen #GreenBuilding