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Old 11-22-2021, 05:28 PM
 
Location: Manhattan
8,943 posts, read 4,791,717 times
Reputation: 5993

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Woah. Hope this works out.

https://qns.com/2021/11/tishman-spey...t-in-far-rock/

The long-delayed Edgemere Commons mega-project in Far Rockaway is expected to break ground in January after Tishman Speyer’s TS Communities on Nov. 19 announced that it has entered an agreement with Arker Companies to acquire and develop 10 of the 11 building sites at the location of the former Peninsula Hospital.

The 100% affordable housing development will encompass 2,050 apartments, including 237 that will be set aside for seniors, was originally approved by the City council in November 2019 and was expected to begin construction in 2020.

“We are proud to join the Edgemere community and look forward to working with residents and local elected officials to advance the three pillars of Edgemere Commons: affordability, community and resiliency,” TS Communities Managing Director Gary Rodney said. “Real estate is more than buildings. Our team is committed to building community and connection by focusing on what people need to make their lives and their neighborhoods better.”
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Old 11-22-2021, 06:26 PM
 
621 posts, read 242,634 times
Reputation: 586
Great story! I hope I can say someday, "We need more projects like this in NYC!" Let's see how this goes...
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Old 11-23-2021, 07:29 PM
 
Location: NY
16,171 posts, read 6,918,174 times
Reputation: 12430
Tishman has been around and they do good work.
If this pans out poor folks looking to move up a notch
in life won't have to travel to far from when they leave the projects.
Walking distance only.
Smart.
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