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Developer describes motel-to-housing conversions, on-site supports and cost pressures at Wallace Studios
Summary
Developer Adam Rosenberg described his nonprofit–private partnerships that convert motels into supportive housing, the use of on-site clinical staff funded by a private foundation, high security costs and partnerships with service providers to support formerly homeless tenants.
Adam Rosenberg, founder of AGB Real Estate, told the Public Health & Safety Committee about converting underused motels into affordable and supportive housing and the operating challenges that follow occupancy.
Rosenberg said his company converted units at Wallace Studios, Greenview Apartments and other properties and emphasized practical supports: "All units come fully furnished," he said, describing efficient kitchens and provided furniture for tenants without possessions. AGB works with service partners —…
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