The project will create 344 rental apartments; construction is about 20 percent along.
Some of them have since been combined and redesigned to create apartments large enough for families.
And at this point in time, the city does not have the money to create apartments for the homeless.
The first phase of construction will create 412 apartments, which could house 1,000 tenants.
The buildings were designed with a total of 201 units, but a small number have since been combined to create larger apartments.
In the late 1990's, the family spent about $10 million on a gut renovation that created 39 apartments.
Only last year a total renovation was completed, creating 41 apartments.
In the last two years it took 10 buildings and created 134 modern apartments where there had been 175 smaller units.
Two tenants have combined units to create larger apartments for their families.
The Manhattan developments are expected to create more than 400 new rental apartments.