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June 7, 2010

In Queens, a major affordable housing project involves multiple sites and competitive bidding

Atlantic Yards Report

Heard about the affordable housing project, unlike Atlantic Yards, in which public land is divided into multiple sites for which competitive bids will be solicited?

From a New York Times article today headlined City Proceeds With Big Middle-Income Housing Project on Queens Waterfront:

After four years of planning and delays, the city will start soliciting bids on Monday to begin building what could become the city’s largest development for middle-income residents in 40 years.

The Bloomberg administration, which is heavily subsidizing the project, is asking developers to compete to build 1,000 apartments on a once industrial strip of Queens land known as Hunters Point South, where Newtown Creek enters the East River.

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Posted by eric at June 7, 2010 11:06 PM