George Armstrong
Real Estate Developer
George Armstrong
Real Estate Developer

Real Estate Developer
George Armstrong
30 Years
Biography
George has been involved in the real estate development and construction industry for over 30 years through the New York City Housing Partnership (the Partnership), the Association of Brooklyn Clergy for Community Development (ABCCD), a principal of Metropolis Development and currently as the President and CEO of Blok, Inc. George was educated at Brooklyn College and Columbia Business School.
As the President and CEO of the New York City Housing Partnership, he oversaw one of the countries largest housing and mixed-use development programs for low and middle-income families facilitating the development of over 20,000 units of housing and more than 300,000 square feet of neighborhood retail, leveraging more than $1 billion dollars in private/public financing throughout the five boroughs. He orchestrated relationships with many agencies to rebuild neighborhoods in distressed sections of New York City. George supervised the overall operations of the Housing Partnership which included implementing its operating policies and procedures, engaging the Board of Directors; building relationships with local and national housing and community leaders; and overseeing the decision-making process for developer designations, contract negotiations and technical commitments. He led a team of more than 50 professionals, ensuring mission, fiscal and timeline targets were all met.
Prior to his promotion to CEO, George was the Director of the award-winning Neighborhood Entrepreneur’s Program (NEP), a division of the Partnership and the largest housing privatization program in the country. He successfully oversaw the management and redevelopment of more than 10,000 (mostly occupied) rental units totaling more than $900 million in public and private financing including HOME, LIHTC and conventional construction loans. He directed the production of more than 2,500 units annually; managed program relationships with developers, public agencies, private lenders and community leaders; and supervised all aspects of project development from tenant relocation and property management to construction and marketing.
Currently, George is the President/CEO of Blok Inc. where he continues his commitment to providing safe, quality housing to inner-city neighborhoods. He continues to utilize his talents, experience and expertise in managing rehabilitation, new construction and mixed-use projects. His success is attributed to his “hands-on” approach to running each project and a genuine care for the communities being served. As a native of the inner city his understanding of the community serves as his foundation to handle all aspects of development – from the initial planning to project completion.
The following is a highlighted list of some of the projects George has seen come to fruition in his capacity as President of the Housing Partnership as well as a list of projects completed as an entrepreneur.
NYC Housing Partnership “Snap-shot”
Owner: NYCHP
Developer: Levine Builders
Addresses: 130 Lenox Ave. Harlem NY
TDC: $60 million
Project Description: 240 Newly Constructed Coops
Completion Status: Complete
Owner: NYCHP
Developer: Greater Harlem Chamber of Commerce
Addresses: 300 W135th street. Harlem NY
TDC: $67 million
Project Description: 170 Newly Constructed Condominiums
Completion Status: Complete
Owner: NYCHP
Developer: Lemor Realty
Addresses: 222-228 W140th Street Harlem NY
267-227 W140th Street. Harlem NY
“Worst Block in NYC” NY Times Article
TDC: $ 47 million
Project Description: 376 Renovated affordable Rentals
Completion Status: Complete
Completed Projects as Entrpreneur
Owner: MSM404 Development Company
Contact: Marco Valentine 917 567-7661
Addresses: 195 Sumpter Avenue (7 units)
214 Macdougal Street (20 units)
450 Madison Street (6 units)
Contract Price: $3.9mil
Project Description: Gut rehabilitation of 33 units
Completion Status: Complete
Role: Co-Developer and Contractor
Owner: Upscale Renaissance LLC
Contact: Ken Morrison 212 281-2714
Addresses: 10 W 128th Street
266 W 132nd Street
105 Hamilton Place
510 W 142nd Street
Contract Price: $2.5 million
Project Description: Gut rehabilitation of 4 2-3 family houses
Completion Status: Complete
Role: General Contractor
Owner: New Wave LLC
Contact: Ken Morrison 212 281-2714
Addresses: 139-141 W 128th Street
Contract Price: $2.1 million
Project Description: Gut rehabilitation 16 units
Completion Status: Complete
Role: General Contractor
Owner: Jerome Stone Development Corp.
Contact: Marco Valentine 917 567-7661
Addresses: 211 W 121st Street
239 W 137th Street
149 W 136th Street
265 W 113th Street
Contract Price: $3.9 million
Project Description: Gut rehabilitation of 4 3-5 family houses
Completion Status: Complete
Role: General Contractor
Owner: Atlantic East Development Corp.
Contact: Marco Valentine 917 567-7661
Addresses: 1847 Eastern Parkway
1849 Eastern Parkway
2318 Atlantic Avenue
1292 Herkimer Street
1340 Herkimer Street
1723 East New York Avenue
Contract Price: $4.4 million
Project Description: Gut rehabilitation of 6 3-5 family houses
2 w/ commercial space
Completion Status: Complete
Role: General Contractor
Owner: Dean Saratoga Development Corp.
Contact: Marco Valentine 917 567-7661
Addresses: 2447 Dean Street
2449 Dean Street
170 Hull Street
419 Saratoga Avenue
2292 Atlantic Avenue
61 Tapscott Street
Contract Price: $4.6 million
Project Description: Gut rehabilitation of 6 3-5 family houses
Completion Status: Complete
Role: General Contractor
Owner: Hancock Cluster LLC
Addresses: 725 Macon St.
795 DeKalb Ave.
224 Spencer St.
592A Lafayette Ave.
53 Rochester Ave.
Contract Price: $4 million
Project Description: Gut rehabilitation of 5 2-3 family houses
Completion Status: Complete
Role: Developer/General Contractor
Owner: LuBran Development Corp.
Addresses: 1330 Hancock St.
866 Knickerbocker Ave.
1278 Decatur St.
Contract Price: $3.5 million
Project Description: Gut rehabilitation of two 6 family houses and New construction of one 7 unit building
Completion Status: Complete
Role: General Contractor
Owner: Armstrong/Jackson Partners.
Address: 103 Granville Payne Avenue
Development Cost: $35 million
Project Description: New construction of 103 residential units plus over 16,000 sq ft. of commercial space
Completion Status: Complete
Role: Developer
Project: The Shelton
Contact: Pastor Leslie Christie
Address: 775 Lafayette Avenue
Development Cost: approx. $35 million
Project Description: 14 story 89-unit condo w/approx. 10,000 sq.ft. of Community Space in Bedford Stuyvesant
Completion Status: Complete
Role: Developer
Owner: ABBA HOMES LLC
Addresses: 220 Covert Street
231 Covert Street
130 Cooper Street
82 Desales Place
36 Pilling Street
994 Decatur Street
556 Central Avenue
Contract Price: $4.1 million
Project Description: rehabilitation of seven (7) 2-3 family homes
Completion Status: Complete
Role: General Contractor
Owner: 24-244 Palmetto NPH Inc.
Contact: Marco Valentine 917 567 7661
Addresses: 48 Weirfield Street
1129 Jefferson Avenue
1110 Hancock Street
242 Woodbine Street
413 Wilson Avenue
1237 Dekalb Avenue
240 Palmetto Street
244 Palmetto Street
Contract Price: $5.4 million
Project Description: gut rehabilitation of eight (8) 2-3 family homes
Completion Status: complete
Role: General Contractor
Owner: Heights Houses Corp.
Addresses: 1340 Park Place
253 Albany Avenue
519 Park Place
1649-51 Park Place
102 Utica Avenue
54 Rogers Avenue
1581 Bergen Street
1600 Bergen Street
1570 Bergen Street
1337 St. Marks Avenue
1397 Sterling Place
223 Schenectady Avenue
1525 St. Johns Place
766 Dean Street
1582 Pacific Street
Contract Price: approx. $9 million
Project Description: Rehabilitation of 17 houses.
Completion Status: Complete
Role: Developer/ General Contractor
Owner: AUMNY
Contact: Jenya Morozova (Executive Director) 917 756-4726
Addresses: 198 St. Nicolas Ave./459 Harman Street
Contract Price: $ 4 million.
Project Description: New Construction of Six High end Condominiums
Completion Status: Complete
Role: Sub-General Contractor
Owner: AUMNY
Contact: Jenya Morozova (Executive Director)
Addresses: 386 Metropolitan Ave
Contract Price: $ 1.2 million
Project Description: Substantial Rehabilitation Conversion from 4 to 8 high-end rentals plus commercial
Completion Status: Complete
Role: Sub-General Contractor
Owner: AUMNY
Contact: Jenya Morozova (Executive Director)
Addresses: 62 New York Ave.
Contract Price: $ 1 million
Project Description: Substantial Renovation of 5 rental units
Completion Status: Complete
Role: General Contractor
Owner: 313 W 139th Street, LLC
Contact: Jalila Smith
Addresses: 313 W 131st Street
Contract Price: $ 540,000
Project Description: Substantial Renovation of 4 rental units in landmark brownstone
Completion Status: Complete
Role: General Contractor
Owner: 114 W131st Street
Contact: Richard Keith
Addresses: 114 W131st Street
Contract Price: $ 400,000
Project Description: Substantial Renovation of 2 duplex unit landmark brownstone
Completion Status: 95% Completion
Role: General Contractor
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