Statement From Source Document Poa
The City will expedite the construction of over 2,600 units of affordable housing on publicly owned sites in East Harlem over the next several years. A few of these projects - such as the MEC Center and NIHOP/NCP RFQ Clusters - have been in development for some time, while others are being prioritized based on feedback from the community. In response to feedback from the community, the City is committing to deeper levels of affordability for the Lexington Gardens II, Sendero Verde (SustaiNYC), and 126th Street Bus Depot sites, where at least 20% of all units will be set aside for households earning up to 30% of AMI. The Acacia Gardens project, which is already under construction, will primarily serve low-income and formerly homeless households.
Narrative
The City is expediting the construction of over 2,600 affordable homes on publicly owned sites in East Harlem over the next several years. Several of these projects have been in development for some time, while others were prioritized based on feedback from the community, committing to deeper levels of affordability for the Lexington Gardens II, Sendero Verde (SustaiNYC), and 126th Street Bus Depot sites. So far, nearly 2,300 affordable homes have been completed or are in development on public land in East Harlem.
The MEC West phase closed in December 2018, and 270 homes are currently under construction. The MEC Center phase will include 79 affordable homes through Open Door and 291 affordable rentals through the Extremely Low and Low-Income Affordability (ELLA) Program that are anticipated to have a financial closing by 2026.
Sendero Verde, located on the majority of the block between East 110th and East 111th Streets between Park and Madison Avenues, is undergoing a phased development. Phase 1 began construction in 2019. Phase 2 began construction in summer 2021. Construction was completed in April 2024. The entire project comprises over 700 affordable rental units.
Castle III, which is a Fortune Society project located at 107-111 East 123rd Street, will contain approximately 81 apartments with on-site social services and community facility space. Castle III received ULURP approval in March 2022, and closed and began construction in March 2024.
The Central Harlem Open Door/NCP cluster contains one site in East Harlem which will contain approximately seven extremely low- and very low-income (ELI/VLI) rental units. This East Harlem site is part of a cluster that includes 12 scattered sites, generating approximately 119 additional affordable rental and homeownership units throughout the East and Central Harlem neighborhoods. The Central Harlem Cluster received ULURP approval in 2021.
The East Harlem NIHOP/NCP RFQ cluster was designated to Ascendant Neighborhood Development and MDG (Las Raices), which will culminate into four buildings (1771 Park Avenue, 303 East 102nd Street, 338 East 117th Street, and 505-507 East 118 Street) and approximately 81 new affordable homes for ELI/VLI families, with two buildings containing community facility space. Las Raices received ULURP approval in 2021 and is expected to have a financial closing by the end of 2024.
ShareNYC, located at 244 East 106th Street, was designated to Ascendant Neighborhood Development and Ali Forney Center through HPD’s ShareNYC RFEI. It will be a new 10-story building with 36 rooming units on privately owned land that is anticipated to have a financial closing at the end of 2025.
Timbale Terrace, located along Park Avenue betwen East 118th and East 119th Streets, is a project with Lantern Community Organization and Mega Development. The project will contain approximately 341 affordable units, including 99 supportive units, replacement parking for NYPD, and a ground-floor community facility space that will be the new home of the Afro Latin Jazz Alliance Music and Arts Center. Timbale Terrace received ULURP approvals in March 2024.
The Beacon, which is located at 413 East 120th Street, between Pleasant and First Avenues, was designated to Ascendant Neighborhood Development and The Community Builders. The project certified into ULURP in September 2024. The proposed development includes the rehabilitation the existing HRA MSC Center and the construction of a new residential building containing approximately 281 affordable units under HPD's ELLA program.
Lastly, EDC and HPD anticipate issuing an RFP for the 126th Street Bus Depot / African Burial Ground in the future.