Stephen Wendell of Mountain Shore Properties: 5 Questions<\/a><\/p>\nTo be built at 3728 Park Avenue, Sol on Park is being developed through a partnership between the New York City Housing Authority (NYCHA), the Department of Housing Preservation and Development (HPD) and the Housing Development Corporation (HDC).<\/p>\n
It\u2019s unclear who provided the financing for the project. A spokesperson for NYCHA did not immediately respond to a request for comment.<\/p>\n
Once completed, Sol on Park will include 80 apartments reserved for current NYCHA residents living at the Morris Houses campus, 68 homes for formerly homeless seniors, and 80 units that will be made available through the Housing Connect lottery for low- and middle-income seniors. The project also includes a community space and a new pedestrian plaza.\u00a0<\/p>\n
\u201cNew Yorkers need housing relief, and we\u2019re using every tool at our disposal to deliver it,\u201d Mamdani said in a statement. \u201cThis project shows what is possible when city agencies work together to put public land and public investment to work for the people of this city. We are building affordable homes, creating opportunities for NYCHA residents and proving that the government can act with the urgency this housing crisis demands.\u201d\u00a0<\/p>\n
The project is also set to include on-site services from local health centers, as well as bike storage, laundry facilities, exercise rooms and computer labs, according to the announcement. The city expects residents to begin moving into Sol on Park in early 2029.<\/p>\n
\u201cAs we strive to ensure safe, affordable housing for all New Yorkers, we must also make sure that our most vulnerable residents are cared for,\u201d Dina Levy, HPD commissioner, said in a statement.\u00a0<\/p>\n
Amanda Schiavo can be reached at aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"More affordable senior housing is coming to the Bronx. New York City Mayor Zohran Mamdani announced Wednesday morning…\n","protected":false},"author":2,"featured_media":283654,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[108798,1527,25779,2184,42598,108799,9,5136,56,63,65,64,108800,28793],"class_list":["post-283653","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-3728-park-avenue","tag-construction","tag-department-of-housing-preservation-and-development","tag-development","tag-dina-levy","tag-housing-development-corporation","tag-new-york","tag-new-york-city-housing-authority","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-sol-on-park","tag-zohran-mamdani-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/283653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=283653"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/283653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/283654"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=283653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=283653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=283653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}