The Bedford Stuyvesant Restoration Corporation, more commonly known as Restoration, is celebrating fifty years of community and economic development in Brooklyn’s most iconic neighborhood.
On October 30th, community stakeholders and distinguished guests will convene at Cipriani for the 50th Anniversary Restore Brooklyn Annual Benefit hosted by CBS 2 News Anchor Maurice DuBois.
Since its founding in 1967, Restoration has provided a wealth of services and resources to “improve the quality of life in Central Brooklyn,” such as job readiness, financial literacy, education, small business services, while attracting new businesses to Restoration Plaza to spur job creation.
As the nation’s foremost community development corporation, Restoration is a model of how public-private partnership can successfully revitalize a neighborhood with dilapidated buildings and lack of opportunities. Five decades later, residents, small businesses and cultural institutions are thriving in Bedford-Stuyvesant.
To date, the corporation has several accomplishments including the construction or renovation of 2,000 housing units; provided nearly 1,500 homeowners with $60 million in mortgage financing; was the second largest real estate owner in Brooklyn after the City of New York; brought more than $500 million in public and private investment to Central Brooklyn; served over 1,400 preschoolers in partnering childcare centers and Head Start programs with nutritious meals to curb diet-related illnesses; and showcases local talent in the Skylight Gallery while welcoming 30,000 visitors.to the Billie Holiday Theatre annually for special performances.
For more information on the upcoming festivities, visit http://restorationplaza.org/.