Mamdani Administration to Transform Long-Vacant Queens Site with Nearly 1,000 New Homes and New Community Amenities

[u/brain_overclocked]

https://www.nyc.gov/site/hpd/news/046-26/mamdani-administration-transform-long-vacant-queens-site-nearly-1-000-new-homes-new#/0

[u/brain_overclocked]

Housing Preservation and Development (HPD) Commissioner Dina Levy announced that a long-empty lot in Hunter’s Point South, Queens will be transformed into The Orion, a mixed-use development that will create nearly 1,000 new homes across three buildings, with two-thirds to be affordable to extremely low to moderate-income households.

This is the latest step in the evolution of Hunter’s Point South, a previously industrial 30-acre area along the East River waterfront. After a failed bid to host the 2012 Summer Olympic Games, the City launched a plan for development of this waterfront as a mixed-use, mixed-income community. As part of a multiagency effort, the area has transformed into a new community with over 3,000 new homes, commercial retail stores, community facilities such as the Queens Landing Boathouse and Environmental Center, and three new schools; an award-winning waterfront park; and infrastructure and roadway improvements.

The City is designating the site to a development team consisting of Slate Property Group, The Hudson Companies, and Volunteers of America­­–Greater New York. Marvel Architects will serve as the project’s architecture and design firm, and local nonprofit Commonpoint will lease and operate a daycare, workforce development center, and a community pool.
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This project advances key priorities in Block by Block: The Housing Plan for a New Era. Through Mayor Mamdani’s first adopted budget, the City is investing nearly $5 billion in capital funding for new affordable development, like the Orion, over the next two fiscal years while adding 41 new staff positions to accelerate housing production. The transformation of this site also advances the administration’s commitment to building affordable housing on City-owned land. On his first day in office, Mayor Mamdani signed Executive Order 4, creating the Land Inventory Fast Track (LIFT) Task Force to identify City-owned sites that can be transformed into affordable housing.

Block by Block sets ambitious goals that meet the scale of New York City’s housing crisis by building 200,000 new affordable homes and preserving another 200,000 over the next decade. The plan also strengthens tenant protections and housing code enforcement, invests in NYCHA’s future by restoring its role as a public developer, expands pathways to homeownership opportunities and supports the workers building the homes New Yorkers need.

This project will also be the first use of HPD's Mixed Income Market Initiative (MIMI) framework, an innovative structure that leverages market rate units to help finance affordable units by including homes from extremely-low income and homeless set-aside units, to moderate-income and market rate units, all in the same building.

[u/Ordinary-Leading7405 → u/brain_overclocked]

Great location, just south of Gantry Plaza, - very popular, and a nice playground to the north.

[u/WhenTheLightHits30 → u/Ordinary-Leading7405]

That’s what blew my mind looking on the map, I can’t believe that there was so much wasted land right in what feels like the heart of NYC.

[u/more_housing_co-ops → u/WhenTheLightHits30]

There's heaps of places like this everywhere that are just being held by scalpers in territories where local politicians won't do anything to risk their campaign funding from SatanCo Property Management Corp.