Highbridge Community Development Corporation (HCDC) is a real estate development and property management company located in The Bronx.
Established in 1984, HCDC initially concentrated its efforts in the Highbridge neighborhood. Today HCDC has expanded and successfully developed, manages and operates over 2,500 moderate- and low-income units throughout numerous neighborhoods in the Bronx. We specialize in multiple services such as real estate management and development, property management, and community development.
Highbridge Community Development Corporation and the Board of Directors is committed to working with residents, businesses, and religious organizations throughout the borough to make the Bronx a great place to live and work by providing housing that is affordable, well-designed, secure, and professionally managed.
Highbridge Community Development Corporation has deep roots in the community dating back to 1980’s.
Highbridge Community Development Corporation’s management office is located at 1465 Nelson Avenue, in the Highbridge section in the Bronx. Through this office HCDC manages the full array of services and tenant related operations as well as financial management of its managed properties.
Building in the inner city, however, requires more than just a desire to deliver a project to its future occupants. It requires respect, understanding and the ability to get the job done.
The vision of what would evolve to be Highbridge Community Development Corporation began in 1984, when Father Donald Sakano, MSW, together with Jorge L. Batista, JD and others, initiated housing projects in the lower east side of Manhattan and East Harlem. HCDC began initially as a division of Highbridge Community Housing Development Fund Corporation focused on developing the Highbridge neighborhood. Upon expanding its role to a more active development firm throughout the Bronx HCDC now employs over 150 staff members to manage overall day to day activities and ongoing development.
The Koch Ten Year Plan committed more than $4 billion in public funds to housing programs. It was designed to encourage non-profits and for-profit developers and lenders to preserve existing housing stock.
The Highbridge HDFC, organized by the New York Archdiocese’s Housing Development Institute, was the City’s first primary non-profit redevelopment partner in Highbridge.
The HDFC began work on the first major redevelopment effort in the City’s Vacant Building Cluster Program.
The partnership with the City yielded 741 renovated units in 23 buildings. These buildings were completed and fully occupied by 1992 and the vacant lots were made into playlots.
Highbridge Community Development Corporation developed 18 new two-family homes under the New Foundations program. HCDC marketed and sold all 18 homes.
Artsbridge Senior Housing breaks ground with HUD financing. Previously Highbridge Senior, Shakespeare Senior, and University Senior were developed under the HUD 202 program, and three projects (Nelson Senior, Jesup Avenue LP, and Jesup Avenue Associates LP) with NYSHCR. Highbridge has developed and manages over 600 senior housing units.