It comes with a billion-dollar price tag and some never-before-seen amenities -- but it also comes with controversy.
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After years of review, the city plans to demolish and redevelop the Fulton Houses and the Chelsea-Elliot Houses in Manhattan.
The new units will feature amenities like resident-controlled heating and cooling, new dishwashers, and washers and dryers.
More than half of the residents surveyed agreed with a redevelopment rather than renovations to the current building.
However some neighbors said they have questions.
"My question is what would the cost be to go in the buildings -building by building -- and fix what's run down?" said Rosalie Winard.
That was initially the plan, but developers and NYCHA say what became really clear was the need for a fresh start.
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All 2,055 existing NYCHA apartments will be replaced and approximately 3,500 new mixed-income apartments will be added.
While the buildings may be new, tenants will pay the same old rents capped at 30% of adjusted gross household income.
Residents told stories of moldy apartments, lax security and crime. They hope the plan will help.
"This is going to help change lives...it's going to improve the overall quality of life-- which is going to be fantastic for our residents," said Jonathan Gouveia, NYCHA Executive Vice-President for Real Estate Development.
The new construction also creates opportunities for new on-site community resources like health care facilities, community centers, grocery stores, retail stores, and additional outdoor recreational spaces.
"Our administration has always put residents front and center in decision-making, and I am excited that the residents of Fulton and Elliott-Chelsea Houses have seized their opportunity to plan their own future," said New York City Mayor Eric Adams. "No one knows better than the residents what they and their neighbors need, and they were smart to recognize the potential benefits of completely rebuilding their campus. This is how our administration has been conducting business since taking office, and this is how we will continue to do so: With NYCHA residents making decisions about their own communities."
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The plan will cost the city $1.5 billion.
With updated zoning restrictions allowing for taller buildings, new construction is expected to be completed in approximately six years.
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