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Rochester Suydam Housing Development Fund Corporation (Hdfc)

37 Rochester Avenue And 20 Suydam Place, Brooklyn, NY 11233

Overview

Rochester Suydam Housing Development Fund Corporation (Hdfc) is a new 23-unit condo in Brooklyn. Its offering plan was accepted in August 2024. The offering totals $9.37 million.

The sponsor of record is Bjf Development LLC, represented by Nixon Peabody LLP. The sponsor has filed 4 amendments, the latest in June 2026. The nearest other condo plan on file is 42 Rochester Avenue Condominium, next door.

Plan C230004 · New · accepted Aug 13, 2024 · AG record ↗

Amendments

  1. Amendment 2 [__________]

    This second amendment declares the cooperative information package effective after 14 purchase agreements (60% of 23 apartments), with the effectiveness threshold lowered from 15 units or 65% to the lesser of 13 units or 60%, and extends the plan's term by six months.

    • Plan declared effective by notice dated November 5, 2025, with 14 purchase agreements received (60% of 23 apartments)
    • Effectiveness threshold lowered from the lesser of 15 units or 65% to the lesser of 13 units or 60%, per agreement among Sponsor, HPD and Construction Lender
    • Conversion Date estimated on or about November 18, 2025, when HDFC takes title to the property
    • CIP term extended for six (6) months from the date of this amendment
    • Sponsor's affidavit executed November 19, 2025, supporting the effective date
    • No other material changes to facts or circumstances affecting the CIP representations, except as stated in this amendment

Summarized from the amendments' text (scanned ones read with OCR); the filings themselves are on the Attorney General's site. 1 of 4 amendments summarized so far.

Building Report · $19

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Team

Sponsor
Bjf Development LLC

From our research: Should You Use the Sponsor's Preferred Lender for a New Condo? · The Top NYC Condo Developers, and What Each One Builds · Who Manages New NYC Condos, and What the Managing Agent Costs

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