NEW YORK – On Friday, New York City Mayor Eric Adams, New York Governor Cathy Hochul and New York City Housing Authority (NYCHA) Acting Executive Director Lisa Bova-Hyatt announced plans to begin replacing 335 elevators at 20 NYCHA development sites. , as part of a $300 million financing agreement with the Dormitory Authority of the State of New York (DASNY), which was signed in April 2022.
The funding was made possible through close collaboration between NYCHA, the New York State Legislature, and Governor Hochul, who worked together to modernize NYCHA’s elevator infrastructure as outlined in the Department of Housing Agreement and the United States Department of Urban Development. 2019.
“Every day, NYCHA residents experience the consequences of decades of underinvestment and tens of billions of dollars in capital needs. Providing the quality of life that all New Yorkers deserve requires creativity and collaboration, and this settlement represents both,” said Mayor Adams. “With the Public Housing Preservation Trust, the PACT program and programs like it , we are giving residents a real menu of options to repair their homes in the way they choose. I want to thank all of our partners in Albany for their investment in NYCHA, and I want to thank the 34,000 New Yorkers at risk Hope this works to help avoid broken elevators.”
Around 34,000 residents living in around 16,000 apartments will benefit from improved lift service across 20 developments, including six complexes designated for seniors.
Frequent elevator service is especially important for seniors and residents with mobility issues; NYCHA has more than 78,000 residents age 62 and older, and nearly 40 percent of NYCHA households are headed by residents age 62 and older. NYCHA’s elevators serve more than 31,000 residents who have mobility impairments.
“With this important milestone, NYCHA is poised to begin major building improvements, leveraging $300 million in state investments to improve the homes and lives of thousands of New Yorkers,” said Governor Hochul. “At this time, as our state faces a severe shortage of safe, stable and affordable housing, my Administration is committed to preserving our housing stock, which is why I have introduced legislation to create the City Public Housing Preservation Trust. signed on. from New York last year. I am proud to partner with NYCHA, its residents, and local and state officials, and look forward to even more opportunities to grow and support NYCHA communities.”
NYCHA’s elevator inventory is long-standing, with the longest-running traction elevator in the portfolio installed 32 years ago in 1990. All elevators identified in the State Capital Revitalization Plan have a typical service life of 15 to 20 years or more for a multi-family residential. , property.
The New York State Legislature allocated $300 million to NYCHA in the 2020 and 2021 state budgets to upgrade the older elevators in the authority’s portfolio. The funding allowed the planning process for the elevator replacement to begin in early April.
The timeline for elevator replacement work at 20 different sites is estimated to range from 49 months (Cassidy-Lafayette House) to 81 months (Mercy House), depending on the number of elevators and the age of the relevant development. ,
All lift construction work is scheduled for completion in early December 2028.
NYCHA Interim CEO Bova-Hyatt said, “The funds provided through this agreement will allow us to address a key physical element of our building’s infrastructure: the elevator service that our residents need and depend on.” Huh.” “We are incredibly grateful for the support and advocacy of Governor Hochul, the leadership of the New York State Senate and Assembly, and DASNY for executing this funding agreement and allocating these critical streams of capital funding at a critical time in the life of the Authority. for “.
A full list of developments receiving the elevator upgrade is available here.