Home » Manhattan’s Hudson Yards to Add 1,000 Affordable Housing Units

Manhattan’s Hudson Yards to Add 1,000 Affordable Housing Units

13 views

Developers behind the Hudson Yards project announced plans to include 1,000 affordable housing units in the next phase of the development, addressing long-standing criticism about the project’s lack of inclusivity. The move follows negotiations with city officials and housing advocates who have pushed for greater equity in one of Manhattan’s most luxurious neighborhoods.

“This is a win for working families and a step toward a more inclusive city,” said Deputy Mayor Maria Torres-Springer. The new units will be available to households earning between 30% and 80% of the area median income, with additional subsidies for seniors and people with disabilities.

Critics argue that more could be done to balance affordability and luxury, but advocates view the decision as a positive precedent. “This shows that even the most exclusive developments can and should contribute to solving the housing crisis,” said housing activist David Estrada.

Construction on the new units is expected to begin later this year, with completion slated for 2026.

About Us

Welcome to Empire State Review, your premier source for news and stories from the Empire State! We are dedicated to delivering timely, accurate, and engaging coverage of everything happening in New York.

Top Picks

Newsletter

Subscribe to our Newsletter to stay updated with our newest content and articles!

Copyright ©️ 2024 Empire State Review | All rights reserved.