Mayor Eric Adams announced a significant redevelopment plan for Gansevoort Square in Manhattan's Meatpacking District, featuring 600 new homes with a commitment to 50% being permanently affordable. The initiative is part of a broader strategy aiming to provide 100,000 new homes in Manhattan over the next decade. Additionally, the plan includes expanding Gansevoort Square into a cultural hub by enhancing nearby attractions like the Whitney Museum and High Line Park, promising to create over 2,600 construction jobs and generating nearly $940 million in economic impact.
Gansevoort Square will see a mixed-income housing development alongside a cultural hub, with plans for 600 new homes, half of which will be permanently affordable.
The project aims to create 2,600 construction jobs and over 160 permanent jobs, generating an estimated $940 million in economic impact.
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