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Developers and city officials recently joined to celebrate the start of construction on a dual-building affordable housing complex in Brownsville, Brooklyn. The development site is located on Newport Street between Thatford and Rockaway Avenues and will debut as Bridge Rockaway. — New York Yimby
Total construction costs for the complex are estimated at $118 million. The development team includes contracting firm Mega Development, non-profit industrial developer Greenpoint Manufacturing and Design Center, and The Bridge, a non-profit organization that provides rehabilitative services... View full entry
Still, when Mayor Bill de Blasio today unveiled his plan for New York’s troubled housing authority, NYCHA, dismantling these aging towers was not a piece of it. The plan calls for charging more for parking, redeploying staff to other agencies to save costs and leasing land within the housing complexes to private developers to save money. [...]
So why does New York City still have so many high-rise housing projects?
— theatlantic.com
