Builders honored by Phipps.Donald Capoccia, President of BFC BFC Buffalo Field Campaign (West Yellowstone, Montana) BFC Betty Ford Center BFC British Fashion Council BFC Bicycle Friendly Community BFC Bible Fellowship Church BFC Boavista Futebol Clube Construction, Jeffrey E. Levine, President of Levine Builders, and Ron Moelis, Principal of L&M Equity Participants, were honored by Phipps Houses in recognition of their significant contributions to building New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City's communities. Phipps Houses, the oldest and largest not-for-profit developer and owner of housing for low- and moderate-income families in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , presents the prestigious Community Builder Awards every year. "These three individuals have done a remarkable job in meeting the challenges of developing and constructing housing in some of our City's upcoming neighborhoods," said Adam Weinstein, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Phipps Houses and Chairman of Phipps Community Development Corporation. "They have championed affordable housing as an economic engine and stabilizing force, and demonstrated that there is a role for the private for-profit sector--as well as for not-for-profit sponsors like Phipps Houses--in the revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. of New York City's neighborhoods." This year's gala, held at Cipriani 42nd Street and hosted by Jane Hanson--WNBC Anchor and Phipps Board Member, raised nearly $700,000 to support the educational, social, and employment-directed programs sponsored by Phipps Community Development Corporation, the not-for-profit educational, family sup port and social service affiliate of Phipps Houses. Serving as dinner co-chairs this year were Robert C. Dinerstein, Global General Counsel and Managing Director of UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Investment Bank; Burton P. Resnick, Chairman and CEO of Jack Resnick & Sons; and Scott N. Resnick, President and COO of Jack Resnick & Sons. The Phipps Houses Group is the nation's oldest and largest not-for-profit organization dedicated to the development, ownership, and management of affordable housing with related community services. The organization has developed nearly 6,000 affordable apartments and continues a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in nearly 4,000 units of housing providing homes for 14,000 New Yorkers in nine communities in Manhattan, South Bronx, and Queens. Through its property management subsidiary, Phipps Houses manages 14,000 units of affordable housing in New York, both for itself and other owners, ranging from large institutions to small community groups. |
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