Glen: Development near public housing “amazing” opportunity

Deputy mayor backs controversial plan to put up senior housing near NYCHA buildings

New York /
Jun.June 18, 2014 09:00 AM

Alicia Glen, the deputy mayor for housing and economic development, said there are some “amazing” development opportunities within the New York City Housing Authority. She spoke during a panel organized by Crain’s on Tuesday.

Glen called the city’s 334 public housing developments “naturally occurring retirement communities.” Around 400,000 New Yorkers currently live in NYCHA housing.

Some of the apartments that are now occupied by senior citizens, Glen said Tuesday, might be better suited for families. Glen said that if the city were to build studio apartments for seniors alongside NYCHA developments, larger units could then go to working families.

The idea of building on underutilized land next to the city’s public housing developments to boost NYCHA’s finances is not without controversy. Former Mayor Michael Bloomberg wasn’t able to carry out a similar plan — called rightsizing — and was criticized for the idea by current Mayor Bill de Blasio. [Capital NY] — Claire Moses


Related Articles

arrow_forward_ios
NY fighting LA for housing bucks in Biden’s aid package
NY fighting LA for housing bucks in Biden’s aid package
NY fighting LA for housing bucks in Biden’s aid package
MSquared Managing Principal Alicia Glen (Getty)
Alicia Glen raises $108M for affordable housing fund
Alicia Glen raises $108M for affordable housing fund
NYCHA approves $60M, 101-unit affordable development in Bronx
NYCHA approves $60M, 101-unit affordable development in Bronx
NYCHA approves $60M, 101-unit affordable development in Bronx
(Getty, iStock/Illustration by Kevin Rebong for The Real Deal)
No-bid contracts ripe for corruption at NYCHA buildings: investigators
No-bid contracts ripe for corruption at NYCHA buildings: investigators
Sen. Chuck Schumer (Getty)
Chuck Schumer calls for $80B in public housing funding
Chuck Schumer calls for $80B in public housing funding
Maddd Equities's Jorge Madruga and Joy Construction's Eli Weiss with renderings of the project (Aufgang Architects, Getty, LinkedIn via Weiss)
Maddd Joy: Madruga, Weiss file plan for DoBro tower
Maddd Joy: Madruga, Weiss file plan for DoBro tower
The Closing: James Patchett
The Closing: James Patchett
The Closing: James Patchett
At least 65 commercial spaces are labeled as vacant as of March. (Getty, iStock)
NYCHA’s vacant retail spaces leave experts confused
NYCHA’s vacant retail spaces leave experts confused
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...