The Zachary Group Proudly Leads Insurance Placement for $137M NYCHA Modernization Project in Upper Manhattan

August 18, 2023

The Zachary Group is proud to have played a key role in the recent initiation of a $137.6 million modernization project for three affordable housing properties in Upper Manhattan. The initiative, led by the New York City Housing Authority (NYCHA) and a consortium of developers, involves comprehensive renovations across 557 apartments that will benefit 862 residents. The development is backed by the Permanent Affordability Commitment Together (PACT) program and the Rental Assistance Demonstration (RAD) program, ensuring long-term affordability for residents. As the insurance placement leader for this ambitious undertaking, The Zachary Group is excited to contribute to the enhancement of vital community spaces, the improvement of building infrastructure, and the overall betterment of life for the residents of Audubon Houses, Bethune Gardens, and Thurgood Marshall Plaza.

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