Mayor de Blasio and his administration have made progress in meeting their goal of building 200,000 affordable units over the span of a decade, as 21,963 new units were added in 2016, the most in 27 years. However, there continues to be a shortage in East Harlem. Out of the nearly 20,000 affordable units, the city brought to all five boroughs, just 249 units have been built in East Harlem, according to a new report by the Department of Housing and Preservation Development (HPD). To better accommodate these residents, the city plans on expediting the construction of 2,400 units of affordable housing over the next few years, as DNA Info reported.
321 East 96th Street
Proposed East Harlem mixed-use development may contain city’s tallest building with affordable housing, Thu, February 9, 2017
Looking to take advantage of the newly opened Second Avenue Subway stop at 96th Street, the New York City Educational Construction Fund and AvalonBay Communities are working their way through the city approval process to build a 1.14 million-square foot, full-block, mixed-use development in East Harlem. CityRealty tells us that the project located at 321 East 96th Street would hold two new school buildings for three different local schools, 20,000 square feet of retail space, a rebuilt playground, and a 68-story, 760-foot residential tower that would offer between 1,100 and 1,200 units and possibly become the city’s tallest building to contain affordable housing (roughly 330 below-market rate units).