Atlantic City Housing Authority (ACHA) and The Michaels Organization announced they broke ground on a major rehabilitation effort for Buzby Homes, the 126-unit affordable housing community that has remained largely untouched since its construction in 1952. The Atlantic City Housing Authority Board of Commissioners, including Vice Chair Dr. La’Quetta Small, Treasurer Stephanie Marshall, Assistant Treasurer Eli Gbayee, Commissioner Jesse Kurtz, Commissioner Patricia Tweedle, Commissioner Mauro Sandoval and Commissioner Geoff Dorsey, joined Atlantic City Mayor Marty Small Sr., Assemblyman-elect Don Guardian, Assemblywoman-elect Claire Swift, Atlantic City Council members, the New Jersey Housing and Mortgage Finance Agency, The Michaels Organization and neighborhood residents in officially launching the reconstruction.
“Today is a great day for Buzby Homes residents,” said Mayor Marty Small Sr. “Over the past few decades, Buzby Homes has fallen into great disrepair, with serious issues that can no longer be addressed with a band-aid. This project is a major step forward in strengthening our city, and we applaud the Atlantic City Housing Authority and The Michaels Organization for not only renovating Buzby Homes with the comfort of residents in mind, but for ensuring that the renovations are built to withstand the unique coastal weather challenges we experience.”
Michaels Organization also announced it has been named the development partner for a major neighborhood revitalization in North Trenton, NJ, following a competitive selection process by the Trenton Housing Authority (THA).
“We are privileged to partner with THA to bring their vision to life and implement their transformation plan for this important and historic neighborhood,” said Michaels’ Vice President Nicholas Cangelosi, who is serving as the lead developer.
Michaels also said it is set to begin construction on 780 Morrissey, a $95 million Class “A” development located in Boston’s Dorchester neighborhood, following a successful financial closing in November.
“We want to thank the community members and neighborhood groups, city and state agencies, the Impact Advisory Group and elected officials for their feedback, guidance, and thoughtful comments as we planned this community,” said Michaels Vice President Jay Russo, who is serving as the lead developer. “Along with our partners at The Phillips Group, a long-standing Dorchester business owner, we look forward to completing this project and becoming an active member of the Dorchester community.”
