New York City recently acquired land to develop parkspace and housing for middle and moderate-income New Yorkers in Queens.
Developing affordable housing might be hard, but carving out a slice for middle and moderate-income housing is even harder. NYC recently purchased a 30-acre piece of land for such a project at Hunter's Point South in Queens. According to Mayor Michael R. Bloomberg, the project is for police officers, nurses, teachers and public employees and other middle income New Yorkers.
"The project sits on the former site of the Daily News' printing plant. Originally planned as the third and fourth phases of Queens West, the project stalled during the early ‘90s recession. Revived by the mayor as part of the city's 2012 Olympic bid, it was later repurposed for affordable housing, and the 30-acre site was rezoned last year."
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