NYCHA Housing Ocean Bay Apartments Completes Major Rehab

Ocean Bay housing development

NEW YORK CITY—The $560 major rehabilitation of the Ocean Bay Apartments, a 24-building, 1,396-unit public housing complex located at Beach Channel Drive between Beach 54th and Beach 58th streets in Far Rockaway, Queens, has been completed. The redevelopment was New York City Housing Authority’s first and the country’s largest single-site conversion under HUD’s Rental Assistance Demonstration. This program allows housing authorities to use private capital for funding, while protecting affordability.

Built in the early 1960s, Ocean Bay suffered from significant federal divestment. In 2012 Hurricane Sandy extensively damaged the complex which houses nearly 4,000 residents, The property desperately needed repair, from in-unit renovations to the major rehabilitation of building infrastructure.