More Than 620 Affordable Homes Planned In Lower Manhattan, Elizabeth Street Garden Preserved In New City Agreement
The City of New York has finalized a new agreement to create over 620 affordable homes across Lower Manhattan while preserving the Elizabeth Street Garden as a publicly accessible space. Mayor Eric Adams and Councilmember Christopher Marte announced the plan on Monday, marking a shift from previous proposals that would have replaced the garden with housing. Under the agreement, the city will pause redevelopment of the garden and instead rezone three alternative sites within Council District 1 to deliver more than five times the originally proposed number of affordable units.





