Monday, January 24, 2022

Developer brings down AMI qualifications for incremental affordable units in luxury public housing building at Trylon Theater

https://qns.com/wp-content/uploads/2022/01/towerdinerohrnatan-1200x675.jpeg

QNS 

A zoning application for the proposed Trylon development in Forest Hills has been modified to allow deeper affordable housing units so more families can live in the community, according to newly elected City Councilwoman Lynn Schulman.  

After extensive negotiations and discussions with the developer, Trylon LLC., the mixed-use residential development at 98-81 Queens Blvd. will utilize Mandatory Inclusionary Housing (MIH) Option 1, which is more affordable for prospective renters. 

The project will bring approximately 40 housing units to Forest Hills with the majority of these units targeted for households making between $30,000 and $70,000, Schulman said. Under MIH Option 1, developers are required to set aside affordable units for residents earning 60%, 40% and 100% of the AMI.

“According to the NYC Housing Preservation and Development’s ‘Housing New York Open Data,’ only one new construction affordable housing project was located in Queens Community Board 6 during the entire eight years of the de Blasio administration. There are other conditions that were expressed by the community board which are still being explored with Trylon LLC., but the housing agreement is the most significant,” said Schulman, who thanked the community board and Queens Borough President Donovan Richards for their guidance and input in the process, as well as Trylon LLC. for working with the community. 

After public hearings and discussions regarding the demolition of the Tower Diner and Trylon Theatre to make way for the new development on Queens Boulevard, Community Board 6 in November 2021 voted in favor of the project, but with certain conditions.

1 comment:

Anonymous said...

We need to get the NYC Housing market free of tax breaks and back to a free and open market. Free from any intervention by the well conected hacks like this clown.
Rep. Jeffries Pays $250 in Property Taxes on Brooklyn Condo Due to Generous Tax Break.

Post a Comment