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Phase 1 Of LIC Waterfront Development Is A Go
By
Jaya Saxena
Published Feb 9, 2011
Modified Feb 9, 2011
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By
Jaya Saxena
Published Feb 9, 2011
Modified Feb 9, 2011
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Today Mayor Bloomberg announced the development plan of Phase 1 of Hunter’s Point South, which would provide more than 900 new housing units in the first phase and 5,000 by the project's completion along the Queens waterfront. The first phase, to be completed by 2014, will also create five acres of new waterfront parkland, a new 1,100-seat intermediate and high school, new retail space and parking. Bloomberg said, “At Hunter’s Point South, not only will we build the largest new affordable housing complex in more than three decades, we’ll do it on long-vacant waterfront property that has incredible views and sits adjacent to one of New York City’s fastest growing neighborhoods."
Deputy Mayor Steel said, “We will transform what is now vacant land on the Long Island City waterfront into the largest affordable housing complex built in this City since the 1970s, and we’ll do it while adding new parks and a new school for Long Island City residents.” At least 75% of the phase 1 units will be permanently affordable, aimed toward families with household incomes ranging from $32,000 to $130,000 per year for a family of four. And between the roof decks, the piers and the park space, it looks like it'll be a nice place to hang out! Especially since the first photo suggests you get to live in ghost buildings.
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