City pushes forward on its goal to create 300,000 affordable homes and produces a record number of affordable units for homeless, seniors, and those in need of supportive services. On July 30, 2019, the Office of the Mayor announced that the City has financed 25,299 affordable homes for 2019. The Mayor plans to finance 300,000 affordable homes through the Housing New York plan by 2026.
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City Planning Approves Senior Housing Development in Place of Run-Down Hospital
City Council is next to consider the proposed development, which will bring 135 affordable units for seniors as well as a new 14-story residential building. On January 30, 2019, the City Planning Commission unanimously voted to approve proposed redevelopment of the former parkway hospital building in the Forest Hills section of Queens. The applicant, Auberge Grand Central, LLC, is seeking a rezoning of two lots located between the Grand Central Parkway Service Road and 112… <Read More>