Hudson Yards West To Increase Affordable Housing Units By 50 Percent
An agreement was recently reached between New York City and Related Companies to add nearly 50 percent more affordable housing units to Hudson Yards West, a new mixed-use development in Manhattan. Phase 2 of the project will now include approximately 4,000 residential units, with at least 625 designated as permanently affordable, an increase from the previously proposed 420 units. In addition, 139 existing units nearby will be preserved as permanently affordable. The $12 billion phase is part of the broader Hudson Yards development, now estimated to cost $32 billion in total, making it the largest real estate project in U.S. history.





