Episode

City Turns NYPD Lot Into Affordable Housing | Real Estate News

Podcast
Real Estate News Today | 2 Min News | The Daily News Now!
Published
Jul 14, 2026
Duration seconds
97
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https://sources.thednn.ai/12414c5bf037c784
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Summary

The city’s turning a former NYPD parking lot in the East Village into 131 affordable apartments, a senior center, and community space — one of the first times a community land trust gets a city-owned site, designed to keep housing affordable for decades. Priced at over $90 million, the project also returns 25 parking spots to the NYPD. It’s part of Mayor Mamdani’s push to repurpose underused land, fueled by years of community advocacy. Plus, a new fast-track review process could reshape how future development deals are negotiated — all while other city stories unfold, like sidewalk shed redesigns and mayor’s advisor drama. This is housing history in the making. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/12414c5bf037c784