Park North Friends

This is the temporary home of

  • Site under construction

The goal of this page is to connect friends of the Park North project and also serve as a a database for the creation of a Tenant Association.

The Park North Project on 111th Street, just North of Central Park, includes the buildings:

  1. 201. W. 111th Street,

  2. 203-205 W. 111th Street,

  3. 217-219 W. 111th Street

  4. 233-235 W. 111th Street.

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– There are 89 units in the 4 buildings.  Of these, 39 are  LIHTC (Low Income Housing Tax Credit) units in our buildings. These units are subject to Section 42 of the Internal Revenue Code and NY Rent Stabilization Law.

All other units are also subject to Rent Stabilization Laws

Let’s find out who we are!

Please send us an email to, to be included in our community  list or to help you figure your maximum legal rent.

LIHTC stands for Low Income Housing Tax Credit. It is a federal law designed to create affordable housing.

LIHTC is ruled by Section 42 of the Internal Revenue Code.


Know your rights!


We have submitted 18 serious questions to the DHCR under FOIL (Freedom of Information Law) about the legal status of the Park North Project.

We believe this response however incomplete and unsatisfactory confirms a series of violations, most especially regarding the failure to comply with Annual Recertification as required by Section 42 of the IRS code, as well as failure to comply with “Right of First Refusal” denied to tenants in the sale of the property.

Download DHCR FOIL Response to our initial 18 questions:

463-022018 – Response 5.312018


Download REGULATORY AGREEMENT for Park North Project:

LIHC Regulatory Agreementt Park North Houses Associates LP copy


New York City Department of Housing Preservation and Development

Low Income Housing Tax Credit Program Compliance Manual:



How to form a tenants’ Association:



Are you paying too much Rent?



Low Income House Credit rent Limits:



How about leaving the management an honest review:

Pyrgos Property Group

Be the first to review!

4802 25th Ave, Astoria, NY 11103

(718) 440-8586

This is a page for friends from the Park North Project on 111th Street.