The Hudson Companies, in collaboration with Housing Works and supported by the New York City Department of Housing and Preservation and the Metropolitan Transit Authority, has finalized a $119 million financing package for The Lirio, a new mixed-use development located at 364 West 54th Street in Hell’s Kitchen, Manhattan. The project aims to transform a parking lot into a property that offers affordable housing, MTA office space, and retail space.
Clipper Equity and local non-profit organization Bridging Access to Care have announced the opening of a new community service center at 3301 Foster Avenue in Flatbush Gardens, a sprawling campus in East Flatbush, Brooklyn. The new service site plans to offer tailored supportive services to the predominantly low-income families that currently live on the campus, which houses nearly 2,500 apartments.
L+M Development Partners and Osborne Association have finalized a $126 million agreement to advance the Marcus Garvey Extension Phase 2 in Brownsville, Brooklyn. This phase of the project will introduce 178 affordable housing units, with 88 specifically designed as supportive housing for individuals transitioning from incarceration, under the Empire State Supportive Housing Initiative. Osborne Association will facilitate on-site supportive services.
