Home - Property Resources Corporation

With three decades of experience and over 5,000 units developed, PRC is an industry leader in developing, operating, and maintaining both market rate and Federally-assisted multifamily rental housing.
Low Income Housing Tax Credit (“LIHTC”) Financed Recapitalizations and Rehabilitations - The PRC Team has successfully closed on the acquisition and rehabilitation of over 1,600 units with HDC, HPD and HUD since 2010 and has a deep knowledge of financing programs.
With experience as a sponsor, an owner, and a construction manager, PRC can effectively add value to underperforming assets and transition them to achieve higher financial returns.

The Regatta was developed by PRC in 1988. The nine-story building is a luxury condominium on a 250,000 square foot site in Battery Park City. The property includes 30,000 square feet of retail space.

PRC is a full service real estate development, construction, property management, and acquisitions firm established in 1971. Our principals each possess over thirty years experience in multi-family real estate. PRC prides itself on being the best of breed in our field of New York Metropolitan Area Multifamily Real Estate and does not engage in businesses or ventures outside of its expertise.

Since 2010, PRC has completed over $290 million of rehabilitation to affordable housing properties containing over 1,700 occupied units.

PRC has overseen construction projects in all classes of residential assets, from ultra-luxury to low-income government subsidized units.

Triboro has been offering quality routine services, competitively bid, with an owner’s perspective in mind, for the past twenty years.

Property Management

PRC Management manages approximately 100 buildings containing approximately 5,000 units.