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NYC Selects Slate Property Group, Hudson Companies to Build 980 Homes in LIC
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Commercial Observer
The parcel sits within the 30-acre Hunter’s Point South housing complex.
When completed, Hunter’s Point South is expected to feature approximately 5,000 new homes, roughly 3,000 of which will be affordable.
The request for proposals came with the requirement that Parcel E host more affordable homes than previous phases.
Parcel E will be the sixth of seven parcels set to be developed at Hunter’s Point South.
TF Cornerstone, once thought to be a frontrunner for the more recent parcel, has already built up a majority of Hunter’s Point South with its mixed-use development Malt Drive.