Agency requests proposals for Queens senior citizens site

TRD NEW YORK /
Jan.January 12, 2009 01:45 PM

The New York State Housing Finance Agency has issued a request for proposals from developers interested in purchasing a site in Howard Beach, Queens, to develop affordable housing for senior citizens. The site is 3.4 acres at 155-55 Cross Bay Boulevard, and there are currently two structures, totaling 111,000 square feet, on the property. The developer would need to convert these structures into 100 affordable housing units, 80 of them studios or one-bedroom apartments for low- to moderate-income people over age 60, according to a statement issued today by the housing finance agency. The remaining units would be for people supported by the Office of Mental Retardation & Developmental Disabilities, which operates the site’s current buildings. The site will likely be eligible for some public financing. The minimum price for the site will be determined by an appraisal commissioned by the Dormitory Authority of New York State. Proposals for the site are due by February 27. TRD


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Fredrik Eklund (Credit: Getty Images)

Fredrik Eklund talks LA condos, the mega-luxury market and patience

Boise, Idaho (Credit: iStock)

These small US cities have exploding luxury markets

(Credit: iStock and Google Maps)

The cheapest house in America’s richest town is listed for $2.5M

Medical staff outside of a Beijing hospital in February 2020 (Credit: Getty Images)

Coronavirus is wreaking havoc on China’s landlords

5Pointz (Credit: EMMANUEL DUNAND/AFP via Getty Images)

Judge upholds $6.75M award for 5Pointz artists

arrow_forward_ios
Loading...