THE


MALCOLM SHABAZZ DEVELOPMENT CORPORATION STORY

  IN HARLEM, NEW YORK




    For the past several years Malcolm Shabazz Development Corporation has pioneered several initiatives which have been the repository of a new renaissance of Harlem development supplanting over 50 years of urban blight and neglect.  Malcolm Shabazz Development Corporation, as a company has completed its development stage and is poised for accelerated growth. Some of our past and present initiatives include:

 

 (1)Malcolm Shabazz Gardens





Malcolm Shabazz Gardens I, is 41 three family homes consisting of one duplex unit for the owner and two rentable units.  This project was build on West 117th street between Malcolm X Blvd. and Adam Clayton Powell, Jr. Blvd. and stands as a prime model for the viability of three family houses in urban New York.  The builder was the Bluestone Organization , architect was Danois Architects with Rabbanni Muhammad and Associates as Design consultant.  Financing was provided by Chase Community Development Corporation and Carver Bancorp, Inc.  The State of New York Mortgage Agency and Affordable Housing Corporation insured and provided grant funds for the project.  Total project cost was 16.5 Million Dollars.  Malcolm Shabazz Gardens as designed by MSDC is Harlem’s first affordable three family initiative.  MSDC designed this three family resident model to allow owners rental income for mortgage maintenance.

 

 


(2) The Renaissance Plaza

 



The Renaissance project is located at the northeast corner of West 116th Street and Malcolm X Blvd..  The Renaissance Plaza is an eleven story building with 241  one, two and three bedroom apartments in a limited equity cooperative and approximately 60,000 square feet of ground floor retail space.  Retail tenants include CVS, Popeye’s Chicken, Ashley Steward ,the UPS Store and Imperial Parking.  The developer is Suna/Levine Inc., the architect  Greenberg Farrow and financing was provided by Chase Manhattan Bank and various government agencies.  Total cost of construction was 150 million.  Malcolm Shabazz Development Corporation is the Community Sponsor.

 

 

(3) Millennium on Fifth




1400 Fifth Avenue is a 128 unit cooperative project located on the corner of 116th and Fifth Avenue.  This 40 million dollar development project is the largest of its kind in the New York City and not only is a green building, but a smart building too.  the project is scheduled for completion in spring 2004.  The 225,000 square foot development includes 30,000 square feet of commercial space and will be leased to The Waffle House, Staples Office Products, etc.  The developer is Full Spectrum, the builder is HRH Construction Company, the architect is Roberta Washington, financing was provided by Fleet Bank of  25 Million with additional funding by the following New York City Government agencies: HPD, HDC, The Housing Partnership and U.S Department of Housing and Urban Development. MSDC was the community sponsor on this project.

 

 

 (4) Malcolm Shabazz Gardens II



Malcolm Shabazz Gardens II broke ground in 2004 is located on the western corners of West 117th Street at Malcolm X Blvd. The project consist of (2) six story mixed use buildings containing two Residential Condominium Units consisting of fifty-one residential apartments ( including (1) super’s apartment and (26) parking spaces); two Commercial Units; an eight unit condominium in (2) four  story 4 unit buildings to be rehabilitated and three new three  family homes. Malcolm Shabazz Development Corporation is the community sponsor. The developer is Lenox Central Development Corp. and Lenox Gardens Homes Corp. and architect Danosis Architects.

 


(5) Malcolm Shabazz Court

 

This is a 42 residential new construction project is located on 116th Street between Malcolm X Blvd. and 5th Avenue, this building will be “green and smart”. Malcolm Shabazz Development Corporation is the owner and developer.  The builder is Loewen Development of New York’s premier builders.

 

 

 (6) Malcolm Shabazz Museum and  Residence in Harlem

 

MSDC is a owner of a 4000 sq.ft. building located at  104 West 116th Street which it plans to develop as a 8 story community use and residential facility. This property is adjacent to the Historic Masjid Malcolm Shabazz (Malcolm Shabazz Mosque), founded by Malcolm X in 1956. This organization is affiliated with MSDC and is the faith based institution that inspired the creation of Malcolm Shabazz Development Corporation.The property will house a museum that will memorialize the work of Malcolm X and many other pioneers associated with this historic site in Harlem.  It will also feature educational and residential facilities.

 

7) Malcolm Shabazz Apartments 



Malcolm Shabazz Apartments located at   64 and 66 West 116th Street, 104 and 111 Malcolm X Blvd. In 2003 Malcolm Shabazz Development Corporation undertook the responsibility of rehabilitating four multiple dwelling buildings which consist of 42 units of affordable rehabilitated apartments and four store  fronts. The process involved relocating tenants and a substantial rehabilitation of the properties and reinstating the tenants to their refurbished homes. Malcolm Shabazz Development Corporation is the developer. Financing was provided by NYC HPD and Enterprise Foundation, the builder was AAD Construction, architects are Meltzer/Mandl and Rabbani Muhammad & Associates. The cost of the project is 6.3 Million dollars.

 

(8) Malcolm Shabazz Harlem Market


The Malcolm Shabazz Harlem Market is located at 52-56 West 116th Street, between Lenox Avenue and 5th Ave.  In December of 1998, $1.3M was allocated from the Malcolm Shabazz Development Corp. and the New York City ANCHOR Program to build the Market.  In April 1999, the New Malcolm Shabazz Harlem Market built by Malcolm Shabazz Construction, opened.  The new market occupies 22,000 sq. ft., housing 115 Incubator Stores and a food kiosk.

 

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