IBM Sustainable Cities - Examples
Community Preservation Corporation: When housing is more than shelter In Brooklyn, a vacant three-story walk-up is converted into six condominium units. In Syracuse, New York, the Little Italy section thrives again as a destination with restaurants, stores and residential apartments. In Newark, New Jersey, almost 400 low-income housing opportunities add momentum to its renaissance as a business and arts city. These are just three examples of how the Community Preservation Corporation (CPC), an IBM client, is helping to revitalize neighborhoods through a holistic, pragmatic combination of financing, technical expertise and public incentives.