Dianne Morales’ past as an executive at nonprofit developer Phipps is making her longshot bid for mayor that much harder. Morales spent the past 10 years as CEO of Phipps Neighborhoods, the ...

One of the city’s most prominent nonprofit affordable housing developers has landed financing deals for two major projects, in Queens and the Bronx. Phipps Houses has closed on $116 million in ...

The affordable housing nonprofit Phipps Houses has closed on $217 million in construction financing for its roughly 1,150-unit project coming to East New York. Phipps received the money from the New ...

Nonprofit developer Phipps Houses has landed $224.6 million in financing for the second phase of its major affordable housing project in Cypress Hills, Brooklyn. Still, construction at the former ...

Editor’s note: This article first appeared in the December issue of the Tremont Tribune, which is on the streets and online now. A not-for-profit developer’s plans to build three affordable housing ...

Phipps Houses has landed a $233.3 million loan for its massive affordable housing complex in Far Rockaway. The money for 20-02 Mott Avenue comes from the New York City Housing Development Corporation, ...

Phipps Houses is set to break ground on the first phase of its 1,100-unit affordable housing community in Brooklyn, N.Y.’s East New York neighborhood after landing $217 million in construction ...

The proposed plan to develop a parcel of land on Barnett Avenue in Sunnyside has garnered a lot of attention recently – more than I ever sought – but the full reasoning behind objections to the plan ...

A few decades ago, it was not uncommon for nonprofit housing developers to partner with investors to fund their projects. But one of the city’s oldest affordable housing managers never expected this ...

TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of online ...