NYC to turn city-owned property into thousands of homes

The city has scheduled a public hearing regarding the development for October.

1 minute read

September 29, 2026, 9:00 AM PDT

By Zachary Whalen


A rendering of the proposed building, which is tall and highlighted in yellow to stand out from the surrounding buildings.

A quarter of the units in the proposed development will be rent-stabilized and permanently affordable. | CetraRuddy Architects

New York City is looking to redevelop a city-owned property that currently houses city agencies into a new community of NYC residents, with 4,000 new homes, a fitness center and 40,000 feet of neighborhood amenities planned. New Yorkers will get to attend a public hearing in October regarding the mega-development. 

A quarter of the units in the proposed development will be rent-stabilized and permanently affordable, Willow Higgins writes for Gothamist. The project is now four times as large as it was when former Mayor Erid Adams introduced it in 2025.

Gothamist reports:

“New York’s housing crisis demands that we build more — and that we use every tool we have to do it,” Mayor Zohran Mamdani said in a statement. “That means looking at land the City already owns and asking how it can serve New Yorkers better.”

Monday, September 28, 2026 in Gothamist

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