In a small but crucial victory for the 99%, Deputy Mayor Robert Steel announced today that the first phase of the 30-acre waterfront project at Hunter's Point South will be all affordable housing. When the Related, Phipps Houses, and Monadnock-backed project was first announced in February, 75% of the 950 units were to be set aside for middle- to lower-income families making between $32,000 to $130,000 per year. [Crain's]
Filed under:
Loading comments...