On February 14, 2025, New York City Mayor Eric Adams, joined by critical stakeholders, launched the requests for proposals for the 388 Hudson Street development project. The City hopes to transform the underutilized site in the Hudson Square neighborhood into a community-focused mixed-use development. This project is part of the City’s “Manhattan Plan”, which was first announced in his fourth State of the City address last month. The Manhattan Plan aims to create 100,000 new … <Read More>
Search Results for: Affordable Housing
HPD Celebrates Launch of Project to Transform East Village Parking Lot Into Affordable Housing
On December 11, 2024, New York City Department of Housing Preservation and Development Commissioner Adolfo Carrión Jr. announced a 11,540 square-foot City-owned parking lot, located at 324 East 5th Street in the East Village, will be redeveloped into a housing complex with only affordable housing units.
HPD Celebrates Opening of Senior Affordable Housing in Brooklyn
On July 3, 2024, the New York City Department of Housing Preservation and Development and IMPACCT Brooklyn celebrated the grand opening of 811 Lexington Avenue Senior Residences in Bedford-Stuyvesant, Brooklyn. This building replaced the Mars Fudge and Fruit Company building. This $36 million project aims to provide older adults access to affordable housing.
HPD Celebrates Opening of Affordable Housing and New Library in Inwood
On June 26, 2024, the New York City Department of Housing Preservation and Development celebrated the grand opening of The Eliza, a new affordable building and public library, with a ribbon cutting. The Eliza, located at 4790 Broadway in Inwood, is named after Eliza Hamilton, wife of Alexander Hamilton.
HPD Announces Bergen Green Affordable Housing Project in Latest 24 in 24 Push
On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing … <Read More>
HPD Launches Month-Long Affordable Housing Push with Over 500 Units Planned at Inwood Waterfront Site
On January 29, 2024, the Department of Housing Preservation and Development began a month-long effort to advance affordable housing projects on public sites citywide as part of Mayor Eric Adams’ “24 in 24” plan. The plan, announced in his State of the City address, aims to advance 24 affordable housing projects on public sites in 2024 to create or preserve over 12,000 affordable units. The first site is currently an unused city-owned parking lot on … <Read More>