The developers behind a plan to build thousands of new apartments on Astoria's waterfront said this week that the project will include 345 affordable units, up slightly from their last proposal but still short of what local leaders want for the development.
2030 Astoria Developers said last month they were working to increase the number of affordable housing units in their Astoria Cove proposal — five mixed-use buildings with nearly 1,700 apartments on a portion of the Hallets Point peninsula.
The developers — a group of investors which includes Alma Realty — had last proposed 295 affordable units, which attorney Howard Weiss said accounted for 20 percent of the residential floor area of the development’s waterfront parcel (three buildings) but only 17 percent of the entire project.
He says they’re now applying the city’s Inclusionary Housing Program to the entire site, including two other buildings, which will result in 345 affordable units, or 20 percent of the entire project.
That still falls short of the 35 percent Community Board 1 requested of the project last month, when the board presented a list of stipulations to the developer following a lengthy public hearing the week before, where a number of speakers said they were worried about affordability.
5 comments:
More "affordable housing " for people who earn more than 90k/year! Give me a freaking break!
No one making $90k is going to move there - would you?
Maybe if you add up the income for the 6 or so people that will be crammed into each one of the units...
please educate me ... will there be a new school there too?
Anonymous said...
More "affordable housing " for people who earn more than 90k/year! Give me a freaking break!
Tuesday, July 22, 2014
Yup that's what almost all of the 'affordable' housing Bloomberg built was like. And people wonder why there's a homeless crisis and new shelters popping up. De Blasio an his people have talked about a need for a new push at the low end. So there's hope they'll follow through on that.
exactly right on the semantics of what's affordable these days.
its for the pretentious pube beard tools and their frock wearing excessive tattoo having harpies or the millenials and hipsters is what they like to be called with pride.these apartments are designed for those who just can't continue their spending habits in williamsburgh.Its why these dicks are taking their lame creativity asses to ridgewood.
beware middle class and poor.
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