Media Coverage of RDC
Want to learn more and see what others have to say about us? Check out these snippets of RDC featured in the news.
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$492 million PACT renovation completed at 1,600 unit Williamsburg Houses
January 14, 2025
NYCHA and partner team, RDC Development, a joint venture between Wavecrest Management and MDG Design & Construction, completed the $492 million comprehensive renovation of Williamsburg Houses as part of the Permanent Affordability Commitment Together (PACT) program.
TOY DRIVES BRIGHTEN HOLIDAYS FOR STRUGGLING FAMILIES
December 23, 2024
NYCHA’s Bay View Houses in Canarsie got their special Toy Drive treat thanks to collaboration with the Bay View Residents Association and the Bay View PACT Partner Team.
$492M Overhaul Revitalizes Williamsburg Houses
November 27, 2024
Landmark Brooklyn development undergoes historic renovation
New York HOUSING CONFERENCE COMMUNITY IMPACT AWARD
November 12, 2024
RDC Development recognized for the comprehensive $490M preservation and historic rehabilitation of Williamsburg Houses, a 1,620-unit public housing complex in Brooklyn.
The Daily Dirt: “Good cause” falls short, so activists turn to TOPA
November 1, 2024
Wavecrest Management, MDG Design & Construction and the New York City Housing Authority this week celebrated spending $492 million to renovate 1,600 apartments at the Williamsburg Houses. That’s $397,500 per unit.
NYCHA Wraps $492M Affordable Renovation
November 1, 2024
The New York City Housing Authority, RDC Development, and a joint venture between Wavecrest Management and MDG Design & Construction, have completed the $492 million renovation of Williamsburg Houses, a 1,620-unit public housing complex in Brooklyn. The project was part of the Permanent Affordability Commitment Together program.
Mayor Adams Celebrates Historic $2 Billion Investment in Affordable Housing, Total 10-Year Capital Commitment Reaching Record $26 Billion in Fiscal Year 2025 Budget
July 2, 2024
“The PACT Program plays a critical role in preserving New York City’s affordable housing portfolio,” said Matthew Rooney, principal, RDC Development and CEO, MDG Design & Construction; Susan Camerata, principal, RDC Development and chief financial officer, Wavecrest Management. “In partnership with NYCHA, it allows companies like RDC Development to provide comprehensive upgrades and enhanced social services to improve the quality of life for countless New Yorkers, while ensuring homes remain affordable. Thank you to Mayor Adams, NYCHA, HPD, and our countless partners across the city for continuing to invest in affordable housing and for giving us the tools to transform the lives of residents,”
Revitalized Meeting Space Allows Eastchester Gardens Residents to Envision Community’s Future
May 14, 2024
The refurbished office space is an early preview of the more comprehensive improvements to come at Eastchester Gardens thanks to the Permanent Affordability Commitment Together (PACT) program, which allows NYCHA and its partners to unlock significant funding for repairs and provide enhanced property management and social services. Residents were joined by NYCHA representatives and the PACT partner team of MDG Design + Construction LLC, Infinite Horizons, and Wavecrest Management to celebrate the upgraded communal area with a grand opening ceremony at the development, where nearly 2,000 residents live.
PACT Program to Improve the Quality of Life for Over 2,000 Residents at Murphy Private in the Bronx with $470.8 Million Transformation
May 6, 2024
NYCHA and resident leaders selected Settlement Housing Fund, MDG Design & Construction, Wavecrest Management, and Bronx Pro Group as partner team
Program helps NYCHA Eastchester residents to decide redesign, redevelopment of their homes
April 20, 2024
RDC Development is a professional partnership between MDG Design & Construction and Wavecrest Management that was selected as the Eastchester Gardens PACT Partner.
Residents say what's special about this program is they are involved in the choices made for their homes, including designs and the team they want to work with.
$318M in Renovations Coming to Hernandez, Meltzer Tower, & Seward Park Extension Through PACT
April 16, 2024
On April 16, NYCHA announced that capital repairs totaling $318.1 million will be addressed for over 1,000 residents living at Hernandez, Meltzer Tower, and Seward Park Extension in the Lower East Side neighborhood of Manhattan through the Permanent Affordability Commitment Together (PACT) program. Over the past year, resident leadership worked closely with NYCHA to determine the best approach for obtaining the much-needed improvements, and they have selected Essence Development, MDG Design + Construction LLC, and Wavecrest Management as the PACT partner team.
$665 Million PACT Renovation Coming to Bay View Houses
March 7, 2024
“Bay View residents’ selection of MDG, Infinite Horizons, and Wavecrest as partners in this PACT renovation is an exciting example of how tenant decision-making can profoundly improve the quality of life at NYCHA developments,” said Deputy Mayor for Housing, Economic Development, and Workforce Maria Torres-Springer. “This collaboration between tenants and an experienced, community-oriented team will make a major positive impact on peoples’ lives.”
Williamsburg Houses Opens Applications for $5,000 Scholarship for Residents
February 4, 2024
In an effort to bolster educational and vocational opportunities for its residents, Williamsburg Houses, an affordable housing development located in Brooklyn, is now accepting applications for its scholarship program, the Inspired Path Forward Scholarship. Now in its second year, the scholarship is worth $5,000 and is exclusive to residents. The award winnings can be used for a wide range of education-related expenses, including tuition, books, room and board, school supplies, and more.
Nearly 2,000 Residents at Eastchester Gardens in the Bronx to Receive $406 Million in Extensive Renovations Through PACT Program
December 7, 2023
Over the past two years, resident leadership worked closely with NYCHA to determine the best approach to obtaining the much-needed improvements, and they have selected MDG Design + Construction LLC, Infinite Horizons, and Wavecrest Management as the PACT partner team.
INSIDE LOOK AT NYCHA PROPERTY UNDER RENOVATION WITH BRAND NEW APARTMENTS, UPDATED BUILDING INFRASTRUCTURE
May 20, 2023
The Williamsburg Houses PACT team includes co-developers MDG Design and Construction and Wavecrest Management, social service provider St. Nicks Alliance and resident advisor/liaison Our Brothers Guardian.
NYCHA closed on $1.4B for housing rehab projects with private partners
January 3, 2022
MDG Design and Construction and Wavecrest Management are leading the project that will bring $490 million in comprehensive renovations to Williamsburg Houses’ 1,621 apartments and 20 residential buildings.
NYCHA Forges Public-Private Partnerships on 5,200 Brooklyn Apartments
January 1, 2022
An MDG Design and Construction and Wavecrest Management partnership, $490 million for Williamsburg Houses in Williamsburg.
NYCHA inks deal for $1.4 billion in repairs at Brooklyn properties, bringing them under private management
December 30, 2021
The Williamsburg Houses will get $490 million to repair 1,621 apartments in 20 residential buildings on the property. The property will be leased over to Wavecrest Management, which will take over property management, and MDG Design and Construction, which will conduct repairs.
NYCHA and HDC finalize $1.4B deal for Brooklyn Residents
December 29, 2021
Williamsburg Houses will receive $490 million in comprehensive renovations to the 1,621 apartments and 20 residential buildings at the property. The PACT partners at Williamsburg are led by MDG Design and Construction and Wavecrest Management. MDG Design and Construction will perform the rehabilitation work. Wavecrest Management is now responsible for the day-to-day management and operation of the property. Social services are being provided by non-profit partners St. Nicks Alliance and Grand Street Settlement, which both have deep experience serving Williamsburg residents.
Williamsburg Houses RAD Conversion Plan Begins to Take Shape
April 9, 2021
RDC, a partnership between Wavecrest Management and MDG Design + Construction. The firms have received praise for their improvements to the Ocean Bay Apartments in Far Rockaway, another RAD project, and criticism for unaddressed building violations and slow response times at buildings they manage in the Bronx.
Catholic Charities of New York hosts toy drive in Mott Haven
December 22, 2020
On Dec. 18, residents of the Betances Houses in Mott Haven were gifted with more than 300 toys and got to meet Santa and his elves.
The Betances Tenants Association Board, in partnership with Catholic Charities, RDC Development, Wavecrest Management, and MDG Design + Construction, held the toy distribution at 537 East 146th Street.
PHOTOS: Face mask and hand sanitizer giveaway at the Betances Houses in Mott Haven
June 11, 2020
The supplies, which were donated by Catholic Charities of the Archdioceses of New York and RDC Development were offered to all tenants of the 39-building, 1,088-unit apartment complex, according to organizers.
HOLY THURSDAY FOOD BOXES OFFERED AT BETANCES HOUSES
April 8, 2020
Catholic Charities and RDC Development will join hands Thursday to distribute 400 boxes of food to residents of the 40-building Betances NYCHA Complex in Mott Haven.
The boxes, each containing meals for four people, are intended to help families having trouble putting food on the table in the midst of the coronavirus outbreak.
AWARD: Six Properties to Receive Novogradac Developments of Distinction Award
Preservation of Existing Public Housing: Ocean Bay (Bayside) Apartments
October 7, 2019
“This is the largest single-site public housing conversion and a model for all other RAD deals,” said Tom Dixon, DOD Awards judge and vice president of acquisitions for Boston Capital.
RDC Development holds ribbon cutting for $560 million redevelopment; For Ocean Bay Apartments, a 24-building, 1,395-unit public housing complex
June 18, 2019
First built in the early 1960s, Ocean Bay suffered from federal divestment, followed by the damages incurred by Hurricane Sandy in 2012. Home to nearly 4,000 residents, Ocean Bay was in need of repair, from in-unit renovations to the major rehabilitation of building infrastructure. Completed in two years, the redevelopment features renovated kitchens – new flooring, appliances, sinks, cabinetry, LED lighting, and smoke detectors; entirely renovated bathrooms – new flooring, sinks, toilets, fixtures, cabinetry, LED lighting, and ventilation; and apartment-wide upgrades including new windows, flooring, and fresh paint. Through a phased restoration process, all tenants were able to remain living in their homes throughout the renovations.
City's Public Housing Heads Down Privatization Road
June 11, 2019
On Monday, renovations were completed at Ocean Bay Apartments in Far Rockaway, a New York City Housing Authority development that's being operated by a private management company through a federal program called Rental Assistance Demonstration (RAD). It's the first example of the partial privatization of NYCHA that's expected to eventually affect 62,000 units.
A revamped Ocean Bay campus transitions away from the traditional NYCHA setup
June 11, 2019
If you stand in the right spot at the Ocean Bay apartment complex in Far Rockaway, you might mistake the neatly trimmed lawns and spotless walkways for those of Stuyvesant Town in Manhattan. Familiar city housing authority logos and address markers are gone, replaced by new ones with the tagline ‘Live. Life. Home.’
Workers were going the extra mile Monday morning to tidy up the grounds of the 1960s era housing project in advance of a ribbon cutting to celebrate the completion of two years of work done under a public-private partnership between NYCHA and RDC Development.
Baseball Bonanza With RDC Development
April 18, 2019
On Saturday, April 13, RDC Development teamed up with NYCHA, the Major League Baseball Players Trust, HDMH, Rawlings, and Williamsburg Athletics League to host a kick-off event for their Heart of the City Baseball Initiative.
Private developers receive $120M loan to fix Bronx NYCHA complex
December 3, 2018
The Betances portfolio, which ranges from two-story buildings to 20-story properties, includes a total of 1,088 apartments. Late last month, the Betances Houses was moved to the federal Rental Assistance Demonstration Section 8 program (RAD), which ensures that apartments in the complex will remain affordable under NYCHA guidelines. RDC will take over management and perform repairs at the property, with plans to upgrade kitchens, bathrooms, boilers and security systems. Total construction costs for the complex is estimated at $109 million, according to Hunt vice president Joshua Reiss.
As NYC Public Housing Tenants Suffer, a Glimmer of Hope Emerges
August 2, 2018
Bayside is the first NYCHA development to get RAD funding. Under the program, the complex got new roofs, heating and electric systems as well as back-up generators and flood walls to protect its landscaped grounds.
New surveillance cameras, outdoor lighting, electronic locks and a private security consultant also have made a difference, said Joseph Camerata, vice president of Wavecrest Management Team Ltd., which co-developed the project with MDG Design + Construction. Bayside had zero crimes reported through July 22, compared with 23 felonies in the first six months of 2017, according to New York Police Department statistics.
Tenants Will Stay at Home as NYCHA’s RAD Conversion Continues
April 6, 2018
The tenant-in-place renovations are important and RDC does it well–allowing tenants to sleep in their apartments every night and even remain in the apartment during construction if they want.
NYCHA Partners Up for Affordable Housing Renovations
January 22, 2018
“This project is not just about an investment in the preservation of public housing, but an investment in the community that the housing supports,” said Matthew Rooney, principal of RDC Development. “We have seen the remarkable impact that the public-private partnership has in going beyond just preservation of the quality and affordability of housing in our city, by offering jobs to local and NYCHA residents, contracting with local businesses, and restoring the homes of residents.”
Aging Public Housing Development Gets Complete Overhaul After Superstorm Sandy
December 7, 2017
While it is important to update the development after the destruction from Superstorm Sandy, it is equally as important to take measures to try to minimize damage during future natural disasters. RDC Development is doing all it can in that regard.
With Federal Help, A Big Project Reset Shows the Way at NYCHA
September 29, 2017
The apartments are decent size by NYCHA standards and quite a few are very large (five bedrooms). The developer has a solid eye to what matters for resident satisfaction. Some of the original apartments were in very poor shape, with severe water damage, but most apartments have required upgrades and moderate renovation rather than gutting. The developer is thus switching out cabinets, laying down new vinyl strip floors, updating bathrooms, patching ceilings, and so forth. Current apartment configurations will remain as is. The apartments turn out respectable as a result of these modernizations; costs and complexity remain within the parameters of a renovation project.
This New York City Housing Project Works. What’s Different About Ocean Bay?
August 2, 2017
The story of Ocean Bay is a rare turnaround in a public housing system that is mired in woe, and it blazes a narrow, uncertain path out of hopelessness.
NYC Is Testing Public-Private Housing Partnership With HUD Program
July 12, 2017
MDG has been intentional about subcontracting to minority- and women-owned businesses, especially local ones, too. MDG says they’ve subcontracted around $26 million to MWBEs for the Ocean Bay (Bayside) work so far, including $8.5 million to MWBEs from Queens.