Community Preservation Corporation

Midtown East has long been a hub for financial institutions and lenders that shape the city’s housing landscape. Among them is Community Preservation Corporation, a mortgage lender specializing in financing for affordable and mixed-income housing projects. Their focus extends beyond individual loans, supporting developers and nonprofits in creating stable, long-term housing solutions across New York’s five boroughs.

Their offices sit on the 16th floor of 220 E 42nd St, a building that overlooks the daily pulse of one of Manhattan’s busiest corridors. While the address places them steps from Grand Central Terminal, their work reaches far beyond Midtown, funding everything from small-scale renovations to large multifamily complexes. Borrowers and partners can find them there during standard business hours, though appointments are recommended before stopping by.

For questions about loan programs, eligibility, or application processes, they can be reached at (212) 869-5300. Those planning a visit will find directions here, though the real story lies in how their lending practices help keep neighborhoods intact—one building at a time. The area around 42nd Street hums with commerce, but few offices here play as quiet a role in the city’s housing stability as this one does.