Harlen Housing in October 2019 as a part of a nine-property, 905-unit portfolio located throughout Manhattan and Brooklyn. Harlen was on the verge of conversion to market-rate housing prior to Fairstead’s acquisition of the 214-unit property. Fairstead successfully obtained City Council approval for a new Article XI with HPD and secured a long-term renewal of the HAP contract, preserving affordability at Harlen Housing for at least the next 40 years. Fairstead’s preservation plan significantly improved the standard of the building while being environmentally conscious and meeting the needs of the residents. This plan included: the renovation and reactivation of community rooms, the installation of new kitchens and bathrooms, new closets, low-flow water fixtures, new electrical panels, new Energy Star appliances, a new security system, retrofitting of LED lighting throughout the building and UFAS accessibility upgrades. Individual in-unit renovations were streamlined to be completed within 5 – 7 days with tenant-in-place.
Fairstead’s environmentally conscious approach resulted in an estimated average gas savings of 25%, an estimated average water savings of 40% and an estimated average electricity savings of 13%.
Additionally, Fairstead Management’s Social Services team forged partnerships with the local precinct Neighborhood Coordination Officers and Salvation Army Temple Corps Community Center. The team also improved resident services in education, health awareness, employment services, assisted home care, and curated resident events including a Thanksgiving voucher giveaway and holiday toy drives.