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An Institution of Respect and Equality
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Achieving Economic Equity: For more than 57 years, Restoration has worked to advance community development and racial equity.

What We Do

Financial Inclusion

Financial Inclusion

We provide counseling and resources on topics such as budgeting, credit repair, savings and accessing benefits and social services to help clients to achieve financial success.



Real Estate and Commercial Development

Real Estate and Commercial Development

Restoration forges strategic partnerships with developers and city officials to make the process and outcomes of real estate development in Brooklyn more inclusive and equitable.

Health and Wellness

Health and Wellness

We use advocacy, public events, and meaningful partnerships to transform the health and wellness of the community we serve.

Job Creation

Job Creation

We create professional mobility by connecting individuals to training, networking and opportunities for meaningful employment.

Housing Stabilization and Homeownership

Housing Stabilization and Homeownership

We empower our clients to build intergenerational wealth by providing affordable housing and pathways to homeownership.

Small Business and Entrepreneurship

Small Business and Entrepreneurship

We provide business owners with resources and support, including one-on-one counseling, webinars, and workshops, to help them start, grow and scale their businesses.



Our Impact

  • 60K+

    Individuals served annually

  • 1.5M

    Plaza visits per year

  • 27K

    Clients placed in jobs

  • $650M

    Investment in Central Brooklyn

Help Restoration to support Bedford-Stuyvesant neighbors and many others in the 5 boroughs.

In the News

NYC Free Tax Prep-February 3-April 12, 2025

NYC Free Tax Prep-February 3-April 12, 2025

From February 3 to April 12, 2025, Bed-Stuy Restoration, in partnership with Leader Hakeem Jeffries and the City of New York, is offering free tax preparation services to make tax season stress-free for the community. With three convenient locations, IRS-certified VITA/TCE volunteer preparers are available to ensure that taxes are filed accurately and on time at no cost. Services include filing for tax years 2021-2024 and assistance with 1040X amended returns, with walk-ins welcome.

Tax preparation services are available at three locations. BSRC Headquarters, located at 1360 Fulton St, offers drop-off, in-person filing, and ITIN acceptance from Monday to Friday between 9:30 AM and 7:00 PM, on Saturdays from 9:30 AM to 4:00 PM, and on Sundays from 12:00 PM to 4:00 PM. BSRC North – Jobs-Plus, at 630 Flushing Ave, 2nd Floor, provides drop-off services only, operating Monday through Friday from 9:30 AM to 4:00 PM. The Brooklyn Public Library – Central Library, located at 10 Grand Army Plaza in the Trustees Room, offers both drop-off and in-person services on Fridays and Saturdays from 9:30 AM to 4:00 PM.

To book an appointment, call (718) 636-6994 or email services@restorationplaza.org. Don’t miss this opportunity to take advantage of free, reliable tax preparation services and maximize your refund this tax season!

Higher Connections 2025: A Small Business Experience

Higher Connections 2025: A Small Business Experience

Restoration’s Business Exchange + Accelerator (RBXa), hosted its 3rd Annual Higher Connections: A Small Business Experience at the Brooklyn Navy Yard Development Corporation. This transformative full-day event brought together both cannabis and non-cannabis businesses, equipping them with vital resources.

Industry leaders Tremaine WrightOffice of Cannabis Management and Dasheeda DawsonCannabis NYC shared their knowledge and provided attendees with a deeper understanding of the rapidly evolving cannabis industry and how to navigate the regulatory and business landscape effectively.

Attendees had access to invaluable 1-on-1 expert guidance on a variety of critical business topics, including: contract opportunities, access to capital, bookkeeping and personal finance.

Innovative businesses competed for grants ranging from $5,000 to $25,000 at the LIVE pitch competition and awards ceremony. These grants will help entrepreneurs take their ventures to the next level, fostering economic empowerment and sustainable success.

Thank you to our esteemed supporters who helped make this event possible: Hope Knight – President, CEO & Commissioner, Empire State Development, Dynishal Gross – NYC Commissioner, Small Business Services and Blondel A. Pinnock – President & CEO, Bedford Stuyvesant Restoration Corporation.

 

The Failure of DEI: It Did Not Equate to Black Progress, So Why Keep Fighting for It?

The Failure of DEI: It Did Not Equate to Black Progress, So Why Keep Fighting for It?

Reevaluating DEI: Has It Truly Served Black Communities?

For decades, Black leaders have championed Diversity, Equity, and Inclusion (DEI) as a strategy to address systemic inequalities and create meaningful change. However, over 50 years later, the outcomes paint a troubling picture. DEI initiatives have largely fallen short of their promise to uplift Black communities, instead reinforcing existing power structures.

If DEI were truly about dismantling systemic oppression, why have its greatest beneficiaries been White women, while Black families face increasing barriers to building generational wealth and economic stability?

It’s time to critically examine DEI’s impact and question whether it has addressed the root causes of inequality—or simply rebranded the status quo. For Black communities to thrive, solutions must move beyond surface-level representation and tackle systemic injustices at their core.

What will it take for true equity to be achieved?

Tale of Two Cities: Report Finds Stark Racial Wealth Gap Among New Yorkers

Tale of Two Cities: Report Finds Stark Racial Wealth Gap Among New Yorkers

Building wealth in New York City remains an uphill battle for Latino and Black residents, according to a recent Robin Hood Foundation report. The study, based on data from the Poverty Tracker, a partnership with Columbia University, offers a revealing look at the deep economic disparities across the city.

Unlike income, which reflects earnings at a given moment, wealth encompasses accumulated assets—such as savings, property, and investments—minus debts. It serves as a critical measure of long-term financial stability and opportunity. The report highlights an alarming wealth gap among racial and ethnic groups in New York City.

Why The Racial Wealth Gap

Nationally, median net worth (as of 2022):

BLACK

HOUSEHOLDS

$45K

LATINX

HOUSEHOLDS

$61K

WHITE

HOUSEHOLDS

$285K

Learn More about the Racial Wealth Gap