Governor Cuomo Announces $160 Million Refinancing And Rehabilitation Of Michelangelo Apartments Complete

494-Unit Bronx Mitchell-Lama Development to Remain Affordable for an Additional 40 Years Governor Andrew M. Cuomo today announced the completion of the rehabilitation of Michelangelo Apartments, a 494-apartment Mitchell-Lama affordable housing development in the Melrose section of the Bronx built in 1975. The 44-year-old development underwent a $160 million refinancing and rehabilitation, preserving the affordability of…