
Personal accomplishments throughout this period while William Procida was principle of
Procida Development/ Procida Construction Corporations.
SELECTED
PROJECTS - 1980-1990
1989-1990
LISC I & II, Bronx, New York
N.B.D.E./FPE
- Responded to
and was awarded a total of five projects pursuant to a "request for qualifications"
issued by the City of New York and LISC (an affiliate of the Ford Foundation)
to act as turnkey general contractor for the gut renovation and construction of
more than 500 residential apartments. This involved the placement of over
$3,500,000 in "irrevocable letters of credit," which were obtained from
Dollar Dry Dock without using brokers. The project involved the use of the Federal
"Low Income Housing Tax Credit." Owners: B.I.U.I.D, Banana Kelly
Comm. Group., M.B.D., Community Group Agency's:, City of N.Y., Department of H.P.D.,
Local Initiative Support Corp.
1988-1989
DAMP
I & II, New York, New York
N.B.D.E.
- Responded to and was designated
for two awards from the City of New York Department of H.P.D. to renovate occupied
City owned apartment houses in Harlem as Construction Managers at a 10‡% fee.
Project was a joint venture with the N.Y. Urban Coalition, a non-profit group
that handled tenant and city liaisons. The construction contract aggregate was
$8MM, including more than 300 units.
1988
R.F.P.
for "A.S.T.RA."
Developer
- Responded to and was selected
as Developer for a 225 unit mid-rise development in downtown Englewood, N.J.,
pursuant to an "R.F.P." issued by the Municipality. Project submission
involved methods to deal with condemnation, relocation, and commercial revitalization.
The City of Englewood has the project on hold as of January, 1990. Architect:
Davis - Broady Legal Counsel Gittleman, Muhlstock & Chewcaskie &
Meyers.
1988
New Dawn/Weinberg Solomon Equities
Various Acquisitions in the Bronx, New York,
Investment Broker
- Arranged
for the placement of more than $5MM of equity financing to acquire several occupied
apartment houses on behalf of New Dawn Development through Weinberg Solomon Equities.
Also acted as Acquisition Consultant and provided general consulting in the preparation
of the joint venture agreement between those two firms.
1985
to 1989
New York Housing Partnership/ City of New
York "New Homes Program," various sites, Bronx, NewYork Developer/N.B.D.
E. /Mortgage Broker
- As a direct result of the success
of The White Beach Condominium & Marina, approached by a "non-profit"
community group known as "The Mid Bronx Desperados Community Housing Group"
to submit a proposal to the City of New York, Department of H.P.D., pursuant to
a "Request for Proposals" issued by that agency for the above referenced
program. After responding and being awarded that project, commonly known as "Salters
Square," responded and was awarded an additional three projects. The total
awards amounted to land and subsidies for more than 500 units of housing of which
225 are built or under construction with the balance to be built over 1990-1991.
Project required obtaining private financing exceeding $25MM
Owner: N.Y.C
Housing Partnership/Procida Development Corp. Sales: Mid Bronx Desperados,
in conjunction with Procida Development Corp. Architect: Wexler Grasso Menziuso/Castro
Blanco Piscionieri Legal Counsel: Davidoff & Malito Construction Financing:
Chemical Bank
1987-1989
Various Limited Partnerships
Development Manager/Special Limited Partner
- On behalf
of two investment banking firms, Procida Development acted as "Special Limited
Partner" for seven private offerings which raised an aggregate of $30,900,000
of limited partnership capital to provide the equity necessary to acquire seven
properties and provide working capital to obtain approvals and maintain said properties.
Procida Developments' role included acquisition consulting, preparation
of zoning, development, construction, and sellout analysis, as well as ultimately
acting as developer/sales agent once approvals and construction financing are
obtained. Concurrently, Procida Construction Corporation was retained as construction
manager. Oversaw and coordinated approvals and marketing plans. The properties
were in four states (NJ, NY, CT, CA).
The acquisitions
were as follows:
| Property | Acres | Units | Acquisition |
| Blooming Grove, NY | 288 | 175 | $3,500,000 |
| Mt. Hope. NY | 150 | 100 | $1,100,000 |
| Newtown, CT | 139 | 50 | $3,300,000 |
| Brewster, NY | 225 | 125 | $5,000,000 |
| Lafayette, NJ | 127 | 30 | $1,400,000 |
| *Long Beach, CA | | 156 | $8,850,000 |
* Partnership was offered
a $3,000,000 profit to "flip" property prior to closing due to obtaining
of the approvals for 156 units and the vacating of tenants which occurred during
the one-year contract period. Offers were from major California developers. The
investment banking firm rejected the offer.
1987
The Kule Estate. Riverdale, New York
Marketing Agent
- Obtained
an exclusive agency and successfully brokered a $2,500,000 mansion which had previously
been on the market for two years.
1986
The Vanguard, Riverdale, New York
Principal
- Obtained a contract for
a partially built hi-rise condominium project that was in foreclosure. Contracted
on a "No Money Down" basis. Contract was "flipped" in thirty
days for a $50M profit. Sellers: George McCanlis & Bruno Delia Buyer:Buyer:
Evens Development Corp.
1985
Crotona "Infill
Housing" Study, Queens, New York
- Prepared a study and cost evaluation
comparing "stick built" to "Modular" construction for a "not-for-profit"
group who was awarded scattered 20' lots in a residential neighborhood of Queens.
1985-1989

Rock Ridge Estates, Lincoln Park, New Jersey
Developer and Sales Agent (as
General Partner)
- The project involved obtaining a long- term two-year
option on a forty acre tract, obtaining approvals from the Municipality for forty
lots, obtaining equity financing of $1,600,000 and construction financing of $6,000,000.
Following placement of the approvals and financing, twenty custom homes were built
at $500M per home and sold while the balance were and are being sold as improved
building lots.
Owner: L.P. Associates C/O Procida Development
Architect:
Valk & Associates
Construction Financing: National Community Bank
Legal Counsel: Checci, Broady and Agnello
1984

22 W. 66th Street, New York, New York
N.B.D.E.
- The Project involved the
new construction of a 26-story luxury residential condominium.
Owner: 22
W. 66th Street Assoc. C/O Handman Properties
Architect: Weider, Grasso, &
Menziuso
Construction Financing: Ben Franklin S&L., Chicago, 111.
1984
Port Reale, Staten Island, New York
Broker
- Functioned as
Acquisition Broker/ Consultant on a $3MM waterfront parcel in Staten Island, N.Y.
which eventually became known as Port Reale.
Owner: C/O Michael Milea
1984-1988
842 Longwood Avenue, Throgs Neck, New York
Principal
- Acquired
two homes under a long term, highly leveraged contract of sale (one year) for
$175M. After performing demolition and preparing zoning, development, construction,
analysis, successfully sold property for $435M in 1988 which resulted in a net
profit of $210M (after cost of $50M for demolition and closing costs) on an investment
of $50M in cash which was up for a two-year period.
1982
Vestry Place Condominiums, 181 Hudson Street. New York, New York
C.M./N.B.D.E./Est/P.A.
/P.M.
- The project involved the gutting of an eight story building (former
El Diario building) and then constructing a mixed use condominium which included
twenty high end luxury apartments and four floors of commercial space.
Owner:
Morsemere Savings Bank/Cumberland Investment Group
Architect: Proposition
Architecture
Construction Financing: N.C.N.B.
1981-1982
1674 Broadway, New York, New York
General Contractor/N.B.D.E./Est/P.A. /P.M.
- The project involved the gut demolition of a nine-story building (former Walt
Disney building) but required to maintain and keep in full operation ground floor
commercial tenants. Following the demolition forty new residential apartments
were constructed and alterations were performed for the ground floor commercial
tenants. Prior to occupancy, as a result of a down turn in the residential market
the owner changed the project to commercial office suites. Interior alterations
were then performed for the commercial tenants.
Owner: Trafalgar Associates,
C/O Handman Properties
Architect: Wexler, Grasso, Menziuso
Construction
Financing: Bank Leumi
1981

Golden Pacific National
Bank, Chinatown Kite Restaurant. Canal St., New York. NY
General Contractor/Job
Superintendent /Purchasing Agent/Field Estimator
- Project involved the
expansion of an existing bank branch to include offices and conference rooms.
All work was done while keeping the bank open for business. Concurrently gutted
a 2,000 square foot area and constructed a fast food restaurant for one of the
banks tenants.
Owner: Golden Pacific National Bank
Architect: Kudoff
& Rykor
1980
Flushing YM-YWHA indoor swimming
pool facility, Queens, New York
Completion Supervisor
- The project
involved construction of a new indoor swimming pool facility with locker rooms,
saunas and office areas.
Owners: YM-YWHA; Wally Kaminsky, Executive Director
Architect: Kaminsky & Schiff; Ed Schiff
1984
La Domaine, 61st Street, New York, New York
Consultant
- Provided
zoning. development and construction analysis to owner who used information to
successfully obtain a developer to acquire the site, which was eventually to be
known as La Domaine.
Owner: C/O Anne Dalton & Sue Hoff
1983-1986

White Beach Condominiums & Marina, Throgs Neck, New York
Managing General
Partner/Developer/Buflder/Sales Agent
- This project involved the acquisition
of a 3.5 acre vacant waterfront lot, obtaining approvals from the Army Corps.
of Engineers, Department of Ports & Terminals, the N.Y.S. Department of Environmental
Conservation (including variances to fill wetlands and encroach the mean high
water line) as well as the N.Y.C. Dept. of Buildings to construct 52 townhomes,
a 25' slip marina, a 500' boardwalk and a new bulkhead. Simultaneously, with approvals.
$800M of equity was raised utilizing a "non registered" offering to
less than ten limited partners as well as the placement of $5MM of construction
financing. Once approvals and financing were finalized, the project was constructed
and sold out. It was the first project of Procida Development Corp. as well as
being the largest privately constructed residential project in the Bronx in 1984-1985
and one of the state's first "Documiniums."
Owner: White Beach Associates,
C/O Procida Development Corp.
Architect: Ecoplan
Construction Financing:
Morsemere Savings Bank
Legal Counsel: Friedman, Krauss, & Zlotolow
1982
583 Broadway, New York, New York
Estimator
- Provided construction cost
budgets and schedules to owner to assist in obtaining financing.
Owner: Cumberland
Investment Group C/O Carol Levey
Architect: Proposition: Architecture C/O
Chip Caine
1982
White House Condominium, 67 Hudson
Street, New York, New York
Est./P.A./P.M.
- Gut renovation of a 6 story
warehouse and the addition of a one story penthouse to include 2.1 residential
apartments.
Owner: Mr. Tang
Architect: Wexler, Grasso, Menziuso
1982

7-9 Bond Street, New York, New York
Consultant/ N. B.D. E. /Est.
- The
project involved providing development/ construction estimates on a loft conversion
project in the village which were used to assist the owner in obtaining a purchaser
for the building.
Owner: C/O Handman Properties
Architect: Wexler, Grasso.
Menzioso,
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