01 Feb (Updated) Sherman Plaza to be 1st to Apply for de Blasio’s Affordable Housing Proposal
Acadia Realty Trust & Washington Square Partners’ proposed 23-story, 335-unit building in Washington Heights is the first to apply for Mayor de Blasio’s affordable housing proposal. The building would set aside a portion of apartment units for residents whose income comprises 80% of the area’s median income in exchange for the property’s rezoning. Kenneth Park Architects (KPA) assisted in the Department of City Planning’s ULURP application. To read more via press coverage on this project, see the Real Deal and YIMBY.