Community board OKs AvalonBay’s East Harlem rental project

Some residents say the development is too big and unaffordable for locals

TRD New York /
Mar.March 23, 2017 03:42 PM

Manhattan Community Board 11 approved AvalonBay Communities’ proposed 1,100-unit rental tower in East Harlem this week.

The real estate investment trust wants to build a 68-story mixed use development at 321 East 96th Street. The 1.3 million-square-foot development will also house three schools. The developer is partnering with the city on the project, which will set aside 30 percent of its apartments for affordable housing.

Some residents said that, while they welcomed building new schools, they are concerned about the size of the development and that it’s not affordable for locals, according to the publication. Ten percent of the affordable housing units will be available to households earning 40 percent of the area median income or below. The rest will be set aside for people making 60 percent of AMI, according to Politico.

The vice chair of the community board’s housing committee Xavier Santiago abstained from voting, saying he has asked the developer to set aside 50 percent of the units for affordable housing.

The board wants half of the units to be affordable, for there to be senior housing included and for the height to be reduced. Ultimately, the project’s future is in the hands of City Council Speaker Melissa Mark-Viverito, as she represents the area.

“By the time it comes to me, a lot of time these projects have shifted based on the feedback from the community … all of which I take into account and deliberate whether I should support it.” Mark-Viverito told Politico.

The proposal still needs to clear several hurdles, including City Council approval, before it can move ahead. [Politico]Miriam Hall


Related Articles

arrow_forward_ios
270 Park Avenue (Google Maps; iStock)

City planning through a pandemic

City planning through a pandemic
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

Trump tweets that he “may END” Obama-era fair housing regulation
Competition for affordable housing in New York City is highest among those who need affordable housing most (Getty, iStock)

Poorest face worst odds in city’s housing lotteries

Poorest face worst odds in city’s housing lotteries
Empire Stores (HK Organization)

Developer Howie Klaus of HK Organization dies at 65

Developer Howie Klaus of HK Organization dies at 65
270 Park Avenue (Google Maps; iStock)

City planning through a pandemic

City planning through a pandemic
Design experts: These office solutions will slow Covid’s spread

Design experts: These office solutions will slow Covid’s spread

Design experts: These office solutions will slow Covid’s spread
From left: Steven Rockefeller Jr., Wayne Morrison, and Florian Haffa

Past the pandemic: Rockefeller family pitches global luxury development projects

Past the pandemic: Rockefeller family pitches global luxury development projects
Don Peebles: A leader’s role “is to look at things in balance”

Don Peebles: A leader’s role “is to look at things in balance”

Don Peebles: A leader’s role “is to look at things in balance”
arrow_forward_ios

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

Loading...