PRC Inc

- 975 Simpson St, Bronx, NY 10459

In the dynamic and ever-evolving landscape of New York City real estate, especially within a vibrant borough like the Bronx, companies that do more than just facilitate transactions are invaluable. PRC Inc, which stands for People Restoring Communities, is a vertically integrated real estate firm with a long-standing history of commitment to the Bronx neighborhood. Their work goes beyond a typical real estate agency's scope, as they are involved in various facets of the real estate life cycle, including development, construction, and property management. For residents and community members, this means that PRC Inc is not just a place to find a property, but a company deeply invested in the fabric of the community itself, with a mission to create and preserve housing opportunities for people at various income levels. This comprehensive approach to real estate makes them a significant player in the Bronx's housing sector.

The Bronx has a rich history and a diverse real estate market, from historic brownstones to modern residential buildings and everything in between. PRC Inc has been a part of this story for over 50 years, since its founding in 1971. Their expertise in residential real estate development is a cornerstone of their operations. They have been involved in a wide range of projects, from new construction to the rehabilitation of thousands of affordable housing units. This focus on improving people's lives through the creation of housing is a key element of their identity. While their work encompasses large-scale projects, their local presence in the Bronx means that they are a part of the day-to-day community. For anyone in the area, whether they are a resident of one of their properties or someone interested in the broader housing market, their name is tied to the development and preservation of local housing stock.

It is important for potential clients to understand that the scope of PRC Inc's work is broad, encompassing property management for the buildings they have developed. This can influence the client experience, as their operations are distinct from a typical brokerage. While they manage beautiful buildings, the feedback from some customers suggests challenges with communication, particularly with the office's responsiveness via phone. While the provided information does not detail a traditional real estate brokerage service like helping a client buy or sell an individual home, their role in property management and development is a key part of the local real estate landscape. Therefore, engaging with PRC Inc means interacting with a firm that has a different business model, one focused on the ownership and management of multi-family residential properties rather than individual agent-client transactions for home sales.

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Location and Accessibility

PRC Inc is situated at 975 Simpson Street in the Bronx, NY 10459. This location places the company in the heart of the South Bronx, a neighborhood known for its vibrant culture and ongoing revitalization. Simpson Street is easily accessible, and the office location offers a point of contact for residents of the buildings they manage and for those interested in their development work. The proximity to major thoroughfares and public transportation routes makes the office a central and identifiable point within the community.

A notable feature of the location is its wheelchair-accessible entrance, which demonstrates a commitment to accessibility and inclusivity. This is an important detail for many people who need to visit the office for various reasons, whether to inquire about housing or to handle property-related matters. The presence of a physical office in the community solidifies PRC Inc's local commitment. However, as noted in public reviews, while the physical location is accessible, the experience of reaching the office by phone can be challenging, which is a consideration for potential clients or residents needing to make contact. Despite these communication issues, the company's long-standing physical presence in the Bronx is a testament to its enduring role in the borough's real estate sector.

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Services Offered

• Real Estate Development: PRC Inc is a full-service real estate development firm. This includes everything from the initial concept and design of new projects to securing financing, managing construction, and overseeing stabilized operations.
• Construction Management: The company has extensive experience in construction, both for new buildings and for the rehabilitation of existing properties. They have built and preserved thousands of residential units.
• Property Management: A significant part of PRC Inc's business is property management. They manage a portfolio of residential properties, overseeing day-to-day operations and handling tenant relations.
• Acquisitions and Portfolio Management: PRC is involved in the acquisition of real estate and the management of a large portfolio of properties, with a focus on residential and affordable housing.

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Features / Highlights

• Vertically Integrated Firm: PRC Inc is a vertically integrated company, meaning it handles multiple aspects of the real estate process—development, design, construction, and property management—all under one roof. This allows for seamless execution of projects and efficient operation of properties.
• Commitment to Affordable Housing: A major focus of the company is the development and preservation of affordable housing units. They have a history of working on projects that aim to improve the lives of residents and create new housing opportunities in the community.
• Long-Standing History: With over 50 years of experience, PRC Inc has a long and established history in the Bronx. This longevity speaks to their deep roots and sustained presence in the local real estate market.
• Wheelchair Accessible: The office at 975 Simpson Street features a wheelchair-accessible entrance, making it an accessible location for a diverse range of clients and community members.

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Contact Information

Address: 975 Simpson St, Bronx, NY 10459, USA

Phone: (718) 328-2800

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What is worth choosing

When considering PRC Inc, it's essential to understand their specific role in the Bronx real estate market. Unlike a traditional brokerage that helps individuals buy or sell a single home, PRC Inc is primarily a developer and property manager. This distinction is crucial for setting expectations. For individuals seeking to live in a building that is part of a larger community-focused development effort, or for those who are looking for a property managed by a long-standing firm with deep local roots, PRC Inc is a key player. Their focus on restoring communities and providing housing, especially affordable housing, is a significant benefit to the Bronx. The fact that they have been operating in the borough for over five decades highlights their stability and commitment to the area's development.

However, it is also important to acknowledge the public feedback regarding their customer service, particularly the challenges of reaching the office by phone. For a potential resident or someone needing assistance with a property, this is a significant factor to consider. While the buildings they develop are described as "beautiful," the administrative experience may require patience. Ultimately, choosing PRC Inc means engaging with a company that is not just a real estate agency but a multifaceted organization deeply involved in shaping the housing landscape of the Bronx. Their focus on large-scale development and long-term property management makes them a unique and integral part of the local real estate industry, and a valuable resource for understanding the long-term trends and opportunities in the borough's housing market.

PRC Inc

975 Simpson St, Bronx, NY 10459, USA