Astoria’s strategy often involves the adaptive reuse of historic buildings, repurposing them for modern, workforce housing or mixed-use developments, and navigating the complexities of Section 42 and historic tax credits, zoning, financing, and design. By turning neglected properties into valuable assets, they not only generate financial returns but also contribute to urban renewal and sustainability, often aligning their projects with broader community development goals. Through these efforts, Astoria Housing Partners has become a leader in identifying and transforming overlooked opportunities, positioning themselves as a bridge between institutional capital and local real estate markets.
Astoria Housing Partners is dedicated to providing affordable housing through adaptive reuse of older buildings. Additionally, we assist in vitalizing inner city communities with new vitality with our premium housing products.