Expo Development Corp helps Private Landlords, who own multifamily buildings in low income communities of New York City, as well as ‘Housing Development Fund Corporations’ (HDFC’s) and Not-For-Profit Corporations with obtaining NYC Department of Housing Preservation and Development Loans. The HPD loan programs have below market interest rates for Renovation and Construction Financing. Expo has completed many projects for HPD's residential loan programs, in fact, Expo’s principal owner, Christopher Ryan, has been working with HPD Loan Programs since the mid 1990's.
Expo Development is on NYC /HPD’s published list of qualified 'General Contractors', and Expo is also a qualified 'Consultant'and'Developer'.
As a General Contractor, Expo Development Corp has experience with all types of residential construction with extensive experience in completing Occupied Rehabs, with tenants in place during the construction, as well as, moderate rehabilitations and gut rehabilitations. Renovation with 'Tenants in Place' eliminates any relocation cost for the Landlord.
Expo has Consulted, Developed, and co-Developed many projects. Expo will even consider equity participation. As part of our Consultation and Development services, our expertise includes:
- Scope of work consulting: to include items which are approved for funding
- Architectural consultation
- Expediting the loan approval process
- NYC J-51 Tax Abatement consulting
Upon completion, your building will meet its' financial obligations efficiently, while unburdened by continuous patchwork repairs. The improvements will eliminate the existing
Housing Violations, which greatly helps collecting rent. The J-51 tax abatement relief will reduce or eliminate real estate taxes for many, many years.
If you are a Landlord of a rent stabilized, multi family dwelling in New York City and overwhelmed with Housing Code Violations and / or DOB Violations…… Expo may be able to assist you, regardless of your existing debt service.
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