Construction Today - Volume 16, Issue 1 - 34

COVER STORY: HORNIG CAPITAL PARTNERS

Hornig Capital Partners
www.hornigcapital.com
* Headquarters: Great Neck, N.Y.
* Employees: Four
* Specia y: Real estate developer

"It feels good to be in ync wi
e community and let em feel
proud of ome ing at also
enhances eir neighborhood."
- Daren Hornig, founder and managing partner

Capital Partners is building a $156 million,
ยป Hornig
314-affordable housing project that will feature an
ambulatory care facility, teaching kitchen and pharmacy.

DYNAMIC SPACES
E
Hornig Capital specializes in projects that bring value to communities. BY TIM O'CONNOR

very major city struggles with
air pollution, but the situation in
the Bronx is among the worst in
the country. The New York City
borough's asthma death rate per 1 million
people was 36.2 in 2014, according to the
New York State Department of Health, nearly double the rest of the city.
The issue has spurred the creation of
community groups and activists concerned

34

CONSTRUCTION-TODAY.COM VOLUME 16, ISSUE 1

for the quality of air they and their children
are exposed to each day. But at least one
developer has taken notice of the issue as
well and is integrating healthcare into its
next housing project in the Bronx.
Hornig Capital Partners is building a $156
million, 314-unit affordable housing project
that will incorporate a 50,000-square-foot
ambulatory care facility, teaching kitchen
and pharmacy. The kitchen will provide

a place for residents to learn to cook with
fresh vegetables from the building's rooftop
garden and the pharmacy will be prohibited from selling cigarettes so that it does not
contribute to the respiratory issues of the
area's residents.
The project, set for completion in late2018, is a partnership among Hornig Capital,
L+M Development Partners and SBH Health
Systems, which operates the nearby St.


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Table of Contents for the Digital Edition of Construction Today - Volume 16, Issue 1

Contents
Construction Today - Volume 16, Issue 1 - Cover1
Construction Today - Volume 16, Issue 1 - Cover2
Construction Today - Volume 16, Issue 1 - 1
Construction Today - Volume 16, Issue 1 - Contents
Construction Today - Volume 16, Issue 1 - 3
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