News

Check out market updates

City unveils vision for gargantuan Sunnyside Yard project

The de Blasio administration and Amtrak on Tuesday released a plan for 12,000 affordable housing units above Sunnyside Yard. The master plan, which is preliminary, calls for the decking over of 115 acres of active rail yard to accommodate construction of rent-stabilized homes offered through a program modeled after Mitchell-Lama. Six thousand apartments would be set aside for families earning less than 50 percent of the area median income. The other half of the units


The Real Deal New York

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>