Media Archives

Procida funds rebirth of RCA Victor building

An iconic RCA Victor building in Camden soon will be brought back to life with a $5.5 million acquisition loan provided by Procida Funding’s 100 Mile Fund. Millennial Place – partnership between Hagen Construction and Millennial Partners – will include Class A office space and the potential...

Procida provides sure thing for Mabie Group

Procida Funding announce that its 100 Mile Fund recently closed on a $6,500,000 construction loan on the new 39,000 s/f Hooper Crossing, a mixed-use retail center at 1922 Hopper Avenue from the Mabie Group. 1922 Hooper Avenue (pictured top) will...

Procida: $58 million funding deal spurs Philadelphia opera house rehab

A developer is set to restore the historic Metropolitan Opera House in Philadelphia with the help of $58 million in financing arranged by Procida Funding, an Englewood Cliffs-based firm. Procida announced recently that the financing, including $4.2 million of equity...

With $56M loan, Philadelphia Metropolitan Opera House eyes December 2018 return

The Philadelphia Metropolitan Opera House on North Broad was just handed a $56 million loan, pushing the restoration project forward to its December 2018 opening date as a Live Nation venue. Developer Eric Blumenfeld announced Thursday that the project received...

Ridgefield Planning Board approves development on Pfister Chemical site

RIDGEFIELD — The Planning Board has given the green light to construction on a 19-acre site near Overpeck Creek that once held the Pfister Chemical factory. Coming to the site will be a 254,000-square-foot industrial building as well as parking...

Procida touts $69 million construction loan in Jersey City among 2017 highlights

A developer has repaid a nearly $70 million construction loan for a Jersey City condominium project, in one of several year-end highlights touted by Procida Funding. The Englewood Cliffs-based firm announced the activity as part of a recap of transactions...

Procida’s 100 Mile Fund Ends 2017 With A Flurry Of Activity

ENGLEWOOD CLIFFS, NJ—Procida Funding was busy with a flurry of financings during the last week of 2017, including a $68.5 million construction loan on the Gulls Cove condominium project in Jersey City that the firm says was paid off at 4:48 p.m. on...

Procida’s 100 Mile Fund Ends 2017 With A Flurry Of Activity

ENGLEWOOD CLIFFS, NJ—Procida Funding was busy with a flurry of financings during the last week of 2017, including a $68.5 million construction loan on the Gulls Cove condominium project in Jersey City that the firm says was paid off at 4:48 p.m. on...

Pfister approved for 254,000 sq. ft. industrial building in Ridgefield

An 18.73-acre site just off Route 46 was approved for a 254,000-sqaure-foot industrial building earlier this week. Procida Funding is set to provide financing for the project at the site, which is owned by Pfister. “The team of Boswell Engineering, Matrix...

Middle Market Digest – The Northeast

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets. This week by the numbers Larger units, updated offerings ignite apartment demand. Robust job growth and household formation in the Greater New York...

Ridgefield OKs plans for 254,000 sq. ft. industrial building

Local officials have approved plans to develop an industrial building at the site of a former chemical factory in Ridgefield, paving the way for a would-be buyer to tap into the booming warehouse and distribution market near the New Jersey...

Ridgefield planners approve potential 254K sq.ft. facility

Ridgefield’s planning board approved a potential 254,000-square-foot industrial building at the former Pfister Chemical site in the borough earlier this week. The 18.73-acre site was home to a factory from the 1930s through the 1990s, and has been for sale...

North Broad’s majestic Met to open as a Live Nation music venue in 2018

"One of Philadelphia's most majestic performance spaces — the long-lost Metropolitan Opera House on North Broad Street — is set to come back to life. Developer Eric Blumenfeld, who is also behind the refurbished Divine Lorraine Hotel nearby, has entered...

Making Trumps Out Of The Bloods, Crips and Latin Kings

"Got your attention? Yes, it’s true that America’s gangs hold the key to solving the budget deficit and curing many of our country’s other problems. Let's focus on the deficit. It's no secret that other than military spending and over-supporting...

The Good, the Bad and the Ugly: An Open Letter to Crowdfunding Real Estate Investors

In January of this year, the Obama administration passed the JOBS Act, which includes permission for private entities to solicit accredited investors. Prior to that legislation, it was illegal for a firm like ours (we run a private equity fund...

William Procida of Procida Funding & Advisors LLC

New York Times – A “Billboard of Blight” in Philadelphia Acts as a Catalyst for a Revival

A ‘Billboard of Blight’ in Philadelphia Acts as a Catalyst for a Revival

Real Estate Fund Manager – 100 Mile Fund Profile

Fund advisor going 100 Miles with Procida

Fairway America, a Portland, Oregon-based small balance real estate fund advisory and investment firm, has selected Procida Funding’s 100 Mile Fund as its first investment vehicle and fund manager in the New York metropolitan area. The 20-year-old Fairway America recently...

Oregon fund advisor taps Procida for New York metro

Fairway America, a Portland, Oregon-based fund advisory and investment management company, has tapped Procida Funding and Advisors’ 100 Mile Fund for a focus on the New York metropolitan area. Fairway America, which recently launched Fairway America Fund VII, makes investments...

Procida Funding hires CFO

Procida Funding LLC, manager of the 100 Mile Fund, announced Thursday that Michael Arman has joined it as chief financial officer. Arman, according to a news release, will oversee all accounting, tax, compliance, treasury, reporting, loan servicing and systems, and...

Michael Arman Named CFO of Procida Funding

Thu, 2014-11-06 11:36 — NationalMortgag... Michael Arman has joined Procida Funding, manager of the 100 Mile Fund specializing in the $3-$30 million market, as chief financial officer. Arman will oversee all accounting, tax compliance, treasury, reporting, loan servicing and systems for...

Triple Play: What we’re doing when we finance real estate

Triple Play is a weekly NJBIZ feature that asks top executives in New Jersey to talk about three things related to their industry.   Billy Procida, the CEO at Procida Funding, has been a leader in the real estate market...

Some experts fear end of rental market boom

September 21, 2014    Last updated: Sunday, September 21, 2014, 9:52 AM By LINDA MOSS staff writer | The Record This week The Modern, a luxury high-rise apartment building perched near the George Washington Bridge in Fort Lee, is opening its leasing...

Procida gets okay from investors to make fund open-ended vehicle

Procida Funding & Advisors, LLC has announced that it has received unanimous approval and consent to convert its previously close-ended investment vehicle, the 100 Mile Fund, to an open-ended fund, among other amendments. The 100 Mile Fund — which concentrates...

Procida fund rolls over, enlarges

August 18, 2014    Last updated: Monday, August 18, 2014, 12:52 AM By LINDA MOSS Staff Writer | The Record Procida Funding & Advisors LLC is extending the life of its 100 Mile Fund, which invests in real estate within a 100-mile...

A Realty Brotherhood Constructed in the Bronx

A Realty Brotherhood Constructed in the Bronx Mario and Billy Procida Grew Up in the Construction Business By Sarah Rose July 27, 2014 9:27 p.m. ET Mario and Billy Procida grew up in the construction business and as young men...

Trump protégé’s 100 Mile Fund assists two North Bergen businesses

July 27, 2014    Last updated: Sunday, July 27, 2014, 9:54 AM By LINDA MOSS STAFF WRITER | The Record   Mitsu Yasakawa/staff photographer William Procida, 52, president of Procida Funding and Advisors LLC, is planning to expand his Englewood Cliffs-based company....

Gold Coast Regional Chamber Honors William Procida

Gold Coast Regional Chamber honors William Procida July 25, 2014    Last updated: Friday, July 25, 2014, 12:31 AM Edgewater View The Gold Coast Regional Chamber of Commerce has announced that William "Billy" Procida, founder and president of Procida Funding &...

Bronx Hotel Loan Closes

Procida Funding’s 100 Mile Fund, real estate investment vehicle specializing in $2-$25 million positions, has announced the recent closings on three major deals totaling over $10 million. The closings include a $3.8 million bridge construction loan to complete a seven-story...

Procida Fund Closes on Three Deals in NJ and Bronx, NY

ENGLEWOOD CLIFFS, NJ—Procida Funding’s 100 Mile Fund reports it has closed on three financing deals in the New York metro area totaling more than $10 million. The real estate investment fund, which specializes in $2 million to $25 million deals,...

Procida vehicle closes on $10M in loans

An Englewood Cliffs company on Tuesday announced three loan closings totaling more than $10 million. Procida Funding’s real estate investment vehicle the 100 Mile Fund issued a $3.8 million bridge construction loan for a Bronx hotel, a $3.725 million bridge...

Procida investors convert 100 Mile Fund rather than allowing it to close

By Eric Strauss August 18, 2014 at 12:45 PM Procida Funding & Advisors LLC announced Monday that its shareholders have given unanimous approval to convert the closed-end 100 Mile Fund into an open-ended fund. Englewood Cliffs-based Procida said in a...

The Good, the Bad and the Ugly

An Open Letter to Crowdfunding Real Estate Investors By: Billy Procida, President, Procida Funding and Advisors In January of this year, the Obama administration passed the JOBS Act, which includes permission for private entities to solicit accredited investors. Prior to...

Lenders need to avoid another hangover

Real Estate Weekly 12/4/13 I’m driving down the highway in a Ferrari and I just got passed by a minivan doing 100 mph. In the minivan’s driver’s seat was a local banker, in the passenger seat, the Federal Reserve, and...

Lenders need to avoid another hangover

I’m driving down the highway in a Ferrari and I just got passed by a minivan doing 100 mph. In the minivan’s driver’s seat was a local banker, in the passenger seat, the Federal Reserve, and in the back, eating...

100 Mile Fund provides $12.3M construction loan to Nobility Crest at Brick

By  Joe Ross November 22, 2013 Procida Funding & Advisors LLC, a real estate investment bank based in Englewood Cliffs, announced Friday it has provided a $12.3 million construction loan through its 100 Mile Fund for The Shoppes & Residences...

Procida Provides $12.3M Loan for Mixed-Use Project

By John Jordan | New Jersey BRICK, NJ- Procida Funding, LLC’s The 100 Mile Fund has provide a $12.3 million infrastructure/construction loan for The Shoppes & Residences at New Visions here. The project consists of two separate developments--a mixed-use project...

Procida’s 100 Mile Fund Provides $12,300,000 Construction Loan to Nobility Crest at Brick

ENGLEWOOD CLIFFS, N.J., Nov. 21, 2013 /PRNewswire/ -- Englewood Cliffs based, The 100 Mile Fund, provided a $12,300,000 infrastructure / construction loan to the project known as The Shoppes & Residences at New Visions in Brick Township, New Jersey. The project...

We Can’t Start ‘Til We Finish.

Real Estate Finance & Investment 3/30/09

A South Bronx Renaissnace

New York Magazine 11/21/94

Financial Fix: Plan on It!

Bergen County, The Magazine

Taking the bull by the horns

Real Estate Weekly 7/28/10

Four More Years!

"No I’m not talking about Obama or any politician, I’m talking about the market for what I refer to as “wholesome housing.” For those of you who have been reading my forecasts for the last few years, sorry to sound...

Procida’s 100 Mile Fund Provides Construction Loan to Greystone Property Development

Wall Street Journal 5/15/13

Things Are Just Fine. Now Let’s Not Screw It Up!

Institutional Investor - May 2013

Things are just fine. Now let’s not mess it up!

"Over the past few months I've heard many a business news commentator say, ""We're in a recovery, but we are still a ways away from housing starts and sales getting back to 2005 and 2006 levels."" I, for one, pray...

Procida Funds Bridge Loan to Ladera II

New York Real Estate Journal 3/28/13

Four More Years!

No  I’m  not  talking  about  Obama  or  any  politician,  I’m  talking  about  the  market  for  what  I  refer  to  as  “wholesome  housing.”

REFI TV

Billy Procida on Philadelphia.

REFI TV

New York Multifamily discussion

Forecast 2013 – Housing will lead us out

After being in this business for 32 years I finally understand the basic themes that coincide with the repetition of a business cycle. As I predicted in my January 2006 forecast, called "Coming of the Half Builts," the vast amount...

Forecast 2013 – Housing Will Lead Us Out

Billy Procida 12/27/12

Procida Funds Post-Sandy Construction of 200 Townhomes at Jersey Shore

Multi-Housing News 12/21/12

Procida Funds $18 Million Loan for Multifamily Portfolio

GlobeSt.com 12/17/12

REFI TV

Billy Procida thinks that the current economic recovery is the real thing.

The 30-Minute Interview: William Procida

New York Times - August 7, 2012 Mr. Procida, 50, who goes by Billy, is the president of Procida Funding and Advisors, based in Englewood Cliffs, N.J. The business provides real estate services, including financing and investment funds. Mr. Procida...

Architects (and General Contractors)…If They Only Knew

AIA New York State - Summer 2012

How the Real Estate Industry Can Save America

By: Billy Procida, President, Procida Funding, LLC     The real estate industry lead our country’s most recent economic growth and benefited handsomely from it. Today, a recovery is needed and the government doesn’t necessarily have the capacity to lead...

Fox Business

Billy Procida discusses the housing market on Fox Business Channel 5/22/12

Procida Funding, Freehold Commons and CBRE Collaborate in Unique Approach to Funding

Mid Atlantic Real Estate Journal - 5/11/12

Eccentric executive relies on intuition in move from development to investment

Joshua Burd - NJ Biz 'Idiot Savant of Deals' To one longtime investor, there's a reason why Billy Procida has thrived in the real estate business for more than 30 years. "He's almost an idiot savant of deals," said Michael...

Don’t Wait Another Minute or You’ll Miss the Recovery

The Time is Right to Invest in North Jersey By: Billy Procida, President, Procida Funding, LLC Recent events in Northern New Jersey along with the area’s inherent traits position the submarket for substantial growth during the next cycle. The Hudson...

Habitat for Humanity Opens Expanded Morris County ReStore

Kelly Stratton NEW JERSEY—Habitat for Humanity has relocated its ReStore to 28,000 sq. ft. of space to 274 South Salem Street in Randolph, N.J. Approximately 8,000 sq. ft. larger than its previous space in Mine Hill, ReStore sells new and...

Newmark Grubb Tapped for Woodbridge and Parsippany Retail Sites

Antoinette Martin ENGLEWOOD CLIFFS, NJ-Newmark Grubb Knight Frank has been hired to market two retail properties that are sandwiched between Woodbridge Center Mall and Menlo Park Mall on Route 1 in Woodbridge, and also a seven-acre site fronting on Route...

How Real Estate Can Save America

By: Billy Procida, President, Procida Funding, LLC The real estate industry lead our country’s most recent economic growth and benefited handsomely from it.  Today, the government isn’t going to lead a recovery and doesn’t really have the capacity to even...

River Park Estates Benefits from 100 Mile Fund

North Bergen, N.J.—The developer of River Park Estates, a 10-unit town home development in North Bergen, N.J., has obtained a $3.5 million bridge loan to permit completion of the project. The loan was provided by Procida Funding LLC’s 100 Mile...

NYC Finance Expo

Billy Procida's keynote address at the NYC Finance Expo 3/28/12.

We Can’t Start Until We Finish

By Billy Procida, President, Procida Funding, LLC Hopefully, you have read part one of this article published in 2010, or its predecessor "Coming of the Half Builts," published in 2006. If you followed its suggestions you don't own either side...

2012 and Beyond – Hold onto the Wheel and Pay Attention

Institutional Investor 12/12/11

Signs of Life in Housing Market?

Making Trumps Out of The Bloods, Crips and Latin Kings

Got your attention? Yes, it’s true that America’s gangs hold the key to solving the budget deficit and curing many of our country’s other problems. Let’s focus on the deficit. It’s no secret that other than military spending and over-supporting...

Interview with William Procida: Getting Your Money’s Worth with Judith West

"Real estate always goes up. It's just a matter of time,"" states William Procida, founder/CEO, Procida Funding and Advisors LLC. ""Real estate values have gone up over the past 200 years and now is the best time to buy a...

Is $30B Enough for Small Biz?

Fox Business

Billy Procida talks housing on Fox Business 12/23/10

Distressed Debt: The Art of the (Half-Built) Work Out

Real Estate Finance & Investment 11/1/2010

Building Block – Funding Foreclosure Renovations

NJ Business Magazine 10/22/10

NY developer floats Fishtown project

Philadelphia Inquirer 's Philly Deals 10/14/10

The State of New Jersey 2010 and Beyond

Real Estate Weekly 9/22/10

Bayonne OKs developer plan to build new medical center

NJ Biz 7/12/10

Reviving Stalled Projects

New York Times 7/11/10

Getting Deals Done, at a Cost

The Wall Street Journal 6/24/10

Crashing Real Estate

The Wall Street Journal 6/12/10

Billy Procida CIANJ Q&A 2/2

Procida Figuring Things Out

REW-Online 5/19/10

Billy Procida CIANJ

Billy Procida key note speaker at CIANJ, commerce and industry association of New Jersey. Billy talks about the new cost of capital for development.

Small Business Loans, Housing offer opportunities

GlobeSt.com 5/13/10

Procida to advise on Tribeca condo loan

The Real Deal 5/14/10

Fixer-upper loan plan a step towards recovery, says lending veteran Procida

Real Estate Weekly 4/28/10

Billy Procida Typical Spot

We Can’t Start Until We Finish

"If you followed its suggestions you don’t own either side (the fee or the loan) of a half built. If you are still embroiled in messy litigation, foreclosure or bankruptcy proceedings I’ll share some thoughts for your consideration. First, lets...

CNBC

Billy Procida discusses the financial aspects of commercial real estate.

Bill Procida speaks on CNBC News

WNBC-TV

William "Billy" Procida advises people having mortgage trouble on NBC's Today show

Fox Business Bulls and Bears

3/23/09

Lessons from a disaster

Business Week 3/13/09

Procida hires 11 new “crisis” employees

The Real Deal 3/13/09

CNBC Closing Bell

3/4/09

Procida Has a 100-Day Plan

GlobeSt.com 2/5/09

New strategy needed to thaw housing market

The Record 2/1/09

The Closer

New York Daily News 1/23/09

Don’t walk away from an underwater mortgage

MainStreet.com 1/23/09

Plan 100

An Open Letter to President Elect Barack Obama

Fox Business Happy Hour

12/22/08

Do your homework on money managers

Chicago Tribune 12/21/08

Developer: Crisis has roots in S&L debacle

Philadelphia Inquirer 11/30/08

Procida Named Receiver in $4 Billion Petters Fraud

Press Release 10/3/08

Procida Extols Populist Approach

Institutional Investor 9/8/08

In Slow Times, Rezoning Appeals to Developers

New York Times 8/13/08

Fort Lee investment whiz is reinventing himself again

The Record 4/10/08

Revenge of the Asset Manager

1/1/08

Bob Weir comes to New York

The New Yorker 5/1/06

Donald Trump’s Original Apprentice

New York Times 8/6/05

The Coming of the Half-Builts

8/5/05

The Mysterious V(alue) Continued: Intrinsic vs. Perceived

Real Estate Weekly 5/11/04

Distress Assets and the Mysterious V(alue)

Real Estate Weekly 5/4/04

Really Grateful. Billy on stage with Bob Weir

Real Estate Weekly 4/1/03

Real Estate Returns to its Local Roots

The Record 6/23/02

Procida breaks ground on Bronx housing for homeless

Procida Construction Corporation has broken ground on two eight-story apartment houses on Walton Avenue under the New York State Housing Finance Agency's "Permanent Housing for the Homeless" program. When completed in August 1994, the $12.7 million development will contain 85...

Englewood leaning toward Bronx developer for condos

Englewood leaning toward Bronx developer for condos By Ron Neil     Englewood’s City Council appears to be moving toward selection of a Bronx-based company to build a $40-million condominium development in the blighted Armory Street area. Second Ward Councilwoman Joan...

Owners Hoping for Paradise Regained

Owners Hoping for Paradise Regained     "The lobby's in great shape," said Richard Southwick, the architect, explaining the new scheme to find uses for the old Loew's Paradise, the 1928 movie palace on the Grand Concourse in the Bronx. "All you'd...

Shorehaven Condominiums opens waterfront park

Hundreds of Shorehaven Condominium residents and their friends were joined by public officials and Bronx business leaders to celebrate the opening of the Bronx’s new waterfront park and community playground. The four-acre waterfront park was built as part of Shorehaven...

80’s Giant Dreams Facing 90’s Economic Realities

  Some grow, some shrink, some turn to public financing. By TRACIE ROZHON     BY the middle of 1990, the complex set of approvals to map the streets and run the electricity and dig the sewers and build the...

Shorehaven bridges the quality gap

Super-deluxe kitchens aren't the first things that come to mind when one thinks about affordable housing. At Shorehaven, state-of-the-art kitchens fit with the finest appliances are just one of the amenities included in the homes. The townhouses under construction at Shorehaven,...

A Condo Project for a Village’s Seniors

New York Times 1/15/96

New Executive: William Procida Building for the masses

IT'S AFTER NEW YEAR'S DAY and William Procida is about to perform an annual January ritual. Three towering stacks of business cards it on the desk before him, and the effusive, cigar-smoking developer plans to call every one of the...

New Executive Billy Procida, Building for the Masses

Crain's New York Business 1/15/96

Veteran Bronx developer to oversee unique project

Riverbank America has announced the appointment of William Procida as president of its real estate subsidiary, Shorehaven Properties Inc. (SPI), which is developing a 1,000-home community in The Bronx at the site of the former Shorehaven Beach and Pool Club....

A South Bronx Renaissance

DESPITE THE ALMOST IRRESISTIBLE LURE OF A warm, sunny morning, riding in a convertible didn't seem like such a good idea. Not in the South Bronx, anyway. But there was Billy Procida, standing in front of a three-story redbrick building...

Procida receives ABO’s Developer of Year Award

The Procida Organization was founded in 1928 by Mario Procida as a masonry and concrete contractor. Today, the third-generation family-owned enterprise has completed  more than $250 million in projects involving gut rehabilitation, townhouse development and retail office space. Headquartered in...

Comeback for Ambitious Bronx Project

    They were to have been the start of a sprawling middle-income condominium colony along the shore of the Bronx, but the 172 units overlooking the East River wound up as a sobering symbol of the deflated building boom...

ABO names Procida Org. Developers of the Year

The Procida Organization was founded in 1928 by Mario Procida as a masonry and concrete contractor. Today, the third-generation family-owned enterprise has completed  more than $250 million in projects involving gut rehabilitation, townhouse development and retail office space. Headquartered in...

Procida organization to receive ABO Developer-Of-The-Year Award

New York Post 10/15/94

Billy’s bully on development

A TOP BRONX DEVELOPER has won a juicy package of incentives from the city to build retail shopping centers in three South Bronx neighborhoods flooded with new housing over the last decade. The Procida Organization - the lead private developer...

Harboring Hope in the Bronx

The balcony of the spacious second-floor duplex at Melrose Court looks down on a grassy interior courtyard, with benches, walkways, new trees, lampposts, and the bright teal canopies and stairways of the surrounding townhomes. The steeple of St. Peter’s and...

Procida to build Crotona Terrace

Procida Construction Corporation has begun construction of Crotona Terrace, a 52-unit low and moderate income rental housing development at 1714 Crotona Park East in the Crotona section of The Bronx.     "This is our fifth project for the state of...

Procida Construction breaks ground on 14,000 s/f Crotona Center

NEW YORK, NY - Procida Construction Corp. has broken ground in the Bronx on Crotona Center, the first new community-based shopping center to be built under the New York City Economic Development Corp.'s Community Based Retail Initiative. The project is...

Sass Plaza to house homeless families

New York City Mayor David N. Dinkins and many other local dignitaries were on hand September 28 at an "Opening Day Celebration" at Phase II of the newly completed Reverend Doctor John J. Sass Plaza, the first new construction project...

Camden town houses closer to construction

CAMDEN - After six years and three aborted attempts to build the Mickle Commons Townhouses, the city hopes the combination of two savvy developers and the Camden Initiative will get the job done. The Camden Redevelopment Agency signed an agreement...

A Start for Sass Plaza

One sign that the long awaited rebirth of Bradhurst, one of Harlem's most impoverished sections, is finally under way is the completion of the first phase of Sass Plaza, a complex that will provide permanent housing for the homeless. On...

Don’t miss the Melrose Court in the Bronx

Melrose Court is a new and exciting development with incredibly priced two- and three-bedroom residences to make the dream of home ownership a reality. Melrose Court will be located on three square blocks in the Bronx, bound by Brook Avenue,...

Bronx revitalization housing, project opens

 The largest affordable housing project In New York State’s Housing Trust Fund Program, constructed by Procida Construction Corp. with an $8 million loan from Norstar Bank, a subsidiary of Fleet/Norstar Financial Group, has opened in the Bronx.     The newly...

Bronx builder places ownership within reach

In an ongoing effort to create new ownership housing for moderate and middle-income New Yorkers, the New York City Housing Partnership has joined forces with the Department of Housing Preservation and Development, the Bronx Shepherds Restoration Corporation and Procida Construction...

Rehab Program Joins Private and Public Developers

Hunts Point, N.Y.-During a recent visit to New York City, President Bush gave a spirited address at the United Nations Building encouraging the public and private sectors to work together to solve some of the nation's pressing social problems, such...

Their trump is boldness

Two of today's honorees at the 95th annual Bronx Chamber of Commerce luncheon have been called "the Donald Trumps of the Bronx." They are the multi-million dollar contractors and developers, the Procida brothers, Mario, 31, and William, 26. Heading a...

Daring Designs for 3 Apartment Houses

"I don't want to be associated with a building that looks like that." Sold William Procida, pointing at a beige brick apartment building overlooking the East River, one of many with stacked balconies and little architectural flair. "I don’t care...

A Touch of Acapulco

New York Times, August 23, 1987 Morris County Views When 25-year-old William Procida was vacationing in Acapulco recently, he spotted sleek contemporary houses with flat roofs doubling as decks, providing open-air views of the mountainous landscape.     Now, the Bronx...

A Touch of Acapulco

New York Times, August 23, 1987 Morris County Views When 25-year-old William Procida was vacationing in Acapulco recently, he spotted sleek contemporary houses with flat roofs doubling as decks, providing open-air views of the mountainous landscape. Now, the Bronx developer,...

And the South Bronx Shall Rise Again

U.S. Real Estate Week, March 7, 1987 by Pearl Bosco Editor's note: The following is the first in a series of articles on grass-roots redevelopment of problem neighborhoods throughout the United States. The fortunes of the South Bronx began to...

The Boy Who Would Be Trump

New York Magazine 10/28/85 MEET REAL-ESTATE MAGNATE BILLY PROCIDA, 23    BY ELLEN HOPKINS     LAST NOVEMBER, TONY ALESSANDRO, a window manufacturer from Queens, took his boat for an end-of-season spin on the East River. He rode past burned-out buildings,...

A Condominium Project is Rising in Throgs Neck

New York Times, August 5, 1983 By ALAN S. OSER     Like father like son, and nowhere so much as in the construction business. Or so it seems when Joseph Procida describes his introduction to the business at the age...

Procida