GLASSBORO, NJ-With Phase 2 of Whitney Crescent nearingcompletion, 80 distressed units in nine buildings at the BentleyWoods complex here will shortly be replaced with modern affordableapartment homes.

But perhaps as important was the idea of completely renovating aneighborhood, says Lawrenceville, NJ-based CommunityInvestment Strategies, which developed redeveloped WhitneyCrescent.

“This one is a favorite of mine because it was new for us – aproperty that was very, very distressed,” ChristianaFoglio, founder/owner and CEO of CIS, tells project was family housing situated next to public housing,with dangerous laundry rooms and “probably the worst architectureI’ve ever seen in my life. There was no grass for the kids. We sawa huge opportunity.”

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