Development Team Selected For The Aurea Affordable Development at 324 East 5th Street In East Village, Manhattan
The New York City Department of Housing Preservation and Development (HPD) has designated a development team for The Aurea, a mixed-use affordable housing development at 324 East 5th Street in Manhattan’s East Village. Designed by SLCE Architects and developed by a partnership of Spatial Equity, Housing Works, the Cooper Square Committee, and the This Land Is Ours Community Land Trust, the project will yield approximately 131 deeply affordable homes, with 30 percent of the units set aside for formerly homeless New Yorkers. The property is located between First and Second Avenues.





