What the evidence establishes
CLAIM 01The New York City Acquisition Fund’s project summary reports that it closed financing for the vacant 985 Bruckner Boulevard site on January 14, 2016.
Scope: Bruckner Boulevard Apartments, 985 Bruckner Boulevard, Bronx, New York City · 2016-01-14 – 2016-01-14
Assessment: SUPPORTEDThe closing date appears in both the lender’s narrative and labeled sidebar.
What is not established: The reported closing is not independently verified by an executed loan instrument. The proposal’s 198-unit scope and June 2017 construction target are historical plans.
CLAIM 02Alembic Community Development reports that the 215-apartment Bruckner Boulevard development was completed in March 2020.
Scope: Bruckner Boulevard Apartments, 985 Bruckner Boulevard, Bronx, New York City · 2020-03-01 – 2020-03-31
Assessment: SUPPORTEDThe project-status field supplies March 2020; the same profile identifies Alembic’s financial-consultant role and the address.
What is not established: No exact completion day or completion certificate inspected. The profile’s cost differs from the provider’s cost total, and no cost reconciliation is inferred.
CLAIM 03Community Access reports that it began moving households into Bruckner Boulevard Apartments in May 2020.
Scope: Bruckner Boulevard Apartments, 985 Bruckner Boulevard, Bronx, New York City · 2020-05-01 – 2020-05-31
Assessment: SUPPORTEDThe provider-authored NYHC submission explicitly gives May 2020. Its own fact sheet and directory supply the broader 2020 opening/occupancy year.
What is not established: These formats share a provider origin. The statement does not establish an exact day, full lease-up or independently inspected occupancy.
Limits and open questions
The reported closing is not independently verified by an executed loan instrument. The proposal’s 198-unit scope and June 2017 construction target are historical plans.
No exact completion day or completion certificate inspected. The profile’s cost differs from the provider’s cost total, and no cost reconciliation is inferred.
These formats share a provider origin. The statement does not establish an exact day, full lease-up or independently inspected occupancy.
The lender’s earlier 198-unit proposal and June 2017 construction target differ from the later 215-unit development. The inspected sources do not document the intervening amendment. Alembic’s $90.7 million and the provider’s $87.1 million costs also use unexplained different scopes.
March 2020 completion and May 2020 move-ins are separate participant-reported milestones. Exact dates and final lease-up remain unverified.