
"You don't have to live long in Williamsburg or Greenpoint to know New York is becoming too expensive for working families. Rents are out of control, and far too many of our neighbors are being priced out of the communities they've called home for generations. As president of the Cooper Park Residents Council, I see every day how the housing crisis affects seniors, parents, and young people who are just trying to stay in the city they love."
"The proposal would bring 1,150 new homes to Greenpoint, with 40 percent permanently affordable, including units affordable to families earning 40 to 60 percent of the area median income. Those are the rent levels working people, teachers, home health aides, transit workers, and seniors on fixed incomes can actually afford. Just as important, Monitor Point would create hundreds of good jobs during construction and afterward. It would restore and connect waterfront park space, opening up new access for local residents."
Monitor Point would deliver 1,150 new homes in Greenpoint with 40 percent permanently affordable, including units for households earning 40 to 60 percent of area median income. The project targets rent levels affordable to teachers, home health aides, transit workers, seniors on fixed incomes, and other working families. The redevelopment would create hundreds of construction and long-term jobs and restore and connect waterfront park space, increasing public access. The developer would fund relocation and modernization of an outdated MTA facility, freeing public land. The plan emphasizes accessible, inclusive housing design to accommodate residents and visitors of diverse needs.
#affordable-housing #mta-facility-modernization #waterfront-open-space #jobs-and-economic-development
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