Mayor Mamdani turning underused NYPD parking lot into 131 affordable homes
NEW YORK CITY (WABC) -- Mayor Zohran Mamdani is turning an underused East Village NYPD parking lot into affordable housing.
The parking lot, located at 324 E. 5th Street, will be converted into 131 affordable homes and will include a senior center, community space, and replacement parking facilities, the mayor's office announced on Monday.
The project, dubbed "The Aurea," will reserve 30% of apartments for formerly homeless New Yorkers, on top of providing for low-income New Yorkers.
It will also feature landscaped terraces, green roofs and all-electric building systems and provide on-site supportive services for residents.
Mamdani said it will put community stewardship "at its center" through a "community land trust."
"It's the first City land designation of our administration, and it's exactly the kind of housing we're committed to building across the five boroughs: deeply affordable, community-led and worthy of the greatest city in the world," Mamdani said.
The project advances priorities in Mamdani's "Block by Block: The Housing Plan for a New Era," which plans to build 200,000 new affordable homes and preserve another 200,000 over the next decade.
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