Queens Development Group opens 880 affordable units at Willets Point Commons in Queens and breaks ground on a 220-unit senior housing building.
Queens Development Group (QDG), a joint venture between Related Companies and Sterling Equities, has officially opened the first 880 affordable residential units at Willets Point Commons. Residents began moving into the development this month, marking a significant milestone in the long-term transformation of the Willets Point district.
Concurrent with the opening, construction has commenced on Building 3, which will provide 220 additional affordable homes specifically for low-income seniors. This project serves as the final component of Phase 1. Subsequent plans for the neighborhood transformation include the delivery of 1,400 additional affordable homes, a public school, 150,000 square feet of public open space, a hotel, and a professional soccer-specific stadium.
A housing lottery has opened for the 2334-2336 Valentine Avenue multifamily development in the Fordham neighborhood of The Bronx.
The US government secures a court order to forfeit a $6 million luxury condo in Manhattan's Flatiron district linked to the 1MDB fraud case.
Mayor Zohran Mamdani’s housing plan aims to create 400,000 units, but critics argue existing policies and labor requirements under the 485x tax program hinder necessary capital improvements and new production.
WellLife Network files plans for a 165-unit, 105,697-square-foot residential building at 129 Osborn Street in Brooklyn.
Permits have been filed for a residential project at 33-28 148th Street in Flushing, Queens.
A housing lottery has launched for HELP Hinsdale C, a new residential building located at 314 Hinsdale Street in East New York, Brooklyn.
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