Phase 1 Press Release
Up to Hunters Point South
http://www.nyc.gov/html/hpd/html/pr2011/pr-02-09-11.shtml
The first phase of Hunter’s Point will transform a total of more than 800,000 square feet of vacant waterfront land bounded by 50th Avenue to the north, 2nd Street to the east, Borden Avenue to the south and Center Boulevard to the west. Infrastructure work, including the installation of sewers, watermains, roadways, sidewalks and parking, will begin next month and is expected to be completed during the Spring of 2013. Park construction will begin this summer. The two residential buildings, including the retail space, will begin construction in 2012 and are expected to take up to 24 months to complete. The new school, which will be built by the New York City Schools Construction Authority, will open in the Fall of 2013.
Jake
This is the firsttime I heard low income as part of this development. They’ve always said middle income up to this point. From the press release-
“At least 75 percent of the housing will be permanently targeted to low-, moderate- and middle-income families, up from the 60 percent required by the Request for Proposals.”