“After Years of Delay, a Lower East Side Gap Is Ready to Be Filled” from today’s New York Times:
For decades, advocates of affordable housing sparred with residents of the powerful Grand Street co-ops, who preferred more market-rate housing and commercial uses for the site. The new agreement splits the difference, calling for 1,000 new units of housing, half of which will be permanently affordable. The 500 affordable units will be a mix of housing for seniors, and low- to moderate-income housing for families earning from 60 to 165 percent of the area’s median income.
This is exciting news. Curious to see what will happen below this site, which I covered for MTA with my late colleague Peter Hine in 2011: