The bidding for Starrett City, the country's biggest federally-subsidized housing complex is starting up again. (It was announced late last year that the 6,000 unit complex would be on the market again.) Crain's is reporting that a coalition of community groups, religious organizations and labor unions have submitted a bid for the complex. Last year's winning bid fell apart after it ran into heavy opposition from local groups and politicians. The group of bidders includes the Christian Cultural Center, the Central Labor Council, and the Metropolitan Council on Jewish Poverty. They say the goal is keeping Starrett City affordable. The bid is said to be "well below" the $1.3 billion bid last year. Other bids are coming too, so prepare for another drama.
· Community Group to Bid for Starrett City [Crain's]
· Lay Off My Lama: Starrett City Puts on Their Rally Caps [Curbed]
[Photo courtesy of ntang/Flickr]
Filed under:
Loading comments...