EXCITING NEWS – A HISTORIC MILESTONE FOR BIG SIX TOWERS! OFFICIAL CLOSING OF HPD/HDC REHABILITATION LOAN
Dear Shareholders/Residents,
We are thrilled to announce some OUTSTANDING NEWS for our Big Six Towers community!
On October 20, 2026, Big Six Towers officially closed on its HPD/HDC Rehabilitation Loan in the amount of $141,921,401!
This is a monumental achievement and marks the beginning of an exciting new chapter for Big Six Towers. After years of planning, coordination, and hard work, we have secured the funding necessary to move forward with major capital improvements throughout our property, including façade and balcony repairs, roof replacements, elevator modernization, electrical upgrades, and numerous other essential infrastructure improvements.
WHAT’S NEXT?
With financing officially secured, Management will begin coordinating meetings with our General Contractor, Owner’s Representative, Board of Directors, and project professionals to discuss the overall construction plan, project phases, anticipated schedules, and how this extensive undertaking will be managed throughout our community.
We understand that shareholders will have many questions regarding construction activities and potential disruptions. Keeping our residents informed will remain a top priority. Additional details, including construction schedules and upcoming shareholder informational meetings, will be announced as plans are finalized.
We would like to thank our shareholders for their continued patience, dedication, and support in reaching this incredible milestone.
The next chapter for Big Six Towers officially begins!
Thank you,
Big Six Towers Management
