7 bidders vying for Hunters Point South

Hunters Point South

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Seven bidders have signed up for consideration to build the first phase of the massive Hunters Point South affordable housing complex in Long Island City, the Department of Housing Preservation and Development told the Wall Street Journal. The city wouldn’t reveal who the bidders were, but three — AvalonBay Communities, Douglaston Development and a joint venture between Durst Fetner Residential and Jonathan Rose Associates — have confirmed that they’ve thrown their hats into the ring. Prior to last Friday’s deadline, L + M Development Partners had also said it planned to submit a proposal. The project’s first phase is slated to have 1,000 housing units and a 1,100-seat school, and the city is expected to choose a developer by early next year. [WSJ]