Image via the NYCHA
The New York City Housing Authority (NYCHA) has closed on financing for a $92.5 million renovation project at Campos Plaza II — a key step toward overhauling 224 apartments across two buildings that house more than 450 residents on Avenue C between 12th Street and 13th Street.
The work is part of NYCHA's PACT program, which brings in outside partners to fund long-needed repairs while keeping rents affordable. The project team — L+M Development Partners and Type A Projects — will begin a full rehab of apartments, shared spaces and building systems.
Planned upgrades include façade and roof repairs, new windows, elevator overhauls, ventilation improvements, and a new security system. Building lobbies will be expanded and renovated, and apartments will receive kitchen and bathroom upgrades, new appliances, lighting, flooring, and fresh paint.
Outdoor improvements will include upgraded landscaping, seating areas, a children's play space and a sidewalk art installation in the 13th Street courtyard. Safety upgrades include new lighting, cameras, traffic barriers and a gate along 14th Street.
According to press materials, one of the biggest changes is that the buildings will shift from steam heat to electric heat pumps as part of the city's Clean Heat for All program. The new system will provide more consistent heating and cooling year-round while lowering energy use. The existing steam system will still supply hot water.
Financing for this PACT modernization of Campos Plaza II is made possible in part by the approximately $19.5 million sale of air rights in 2024 to Madison Realty Capital, the owner of 644 E. 14th St., to build a 196-unit 421-a building with a 25 percent preference for NYCHA residents.

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