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Landmark Loans Highlighted as Funding Source for Historic Buildings

Board President Andrew Parker at the self-managed 6 South Portland Ave. co-op. Photo by Matt Licari.

Habitat Magazine has highlighted the Conservancy’s loan program, focusing on two recent restorations of small co-ops–an 1872 brownstone co-op in Fort Greene, Brooklyn and a 15-unit co-op in the Jackson Heights Historic District of Queens. “We were all amateurs looking to do a major restoration project,” said Andrew M. Parker (pictured), co-op president at 6 South Portland Avenue in Fort Greene,” and the Landmarks Conservancy really held our hand throughout the entire process. The building looks absolutely spectacular.” The Conservancy’s $200,000 loan covered restoring the façade and detailed cornice, as well as the fabrication and installation of new iron newel posts.

Both projects benefited from our Project Manager Jim Mahoney’s guidance, helping to find architects and contractors and guiding the co-ops through the City Landmarks process. “Our involvement is kind of unusual,” Mahoney said,” Most banks just hand over money.”



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