The initiative, part of the Gowanus Neighborhood Mixed Income Housing Development Program, will deliver more than 5,300 housing units, including over 1,400 affordable options, offering a significant boost to the local housing supply.
Governor Hochul emphasized the urgency of the housing crisis in New York, describing it as a 'crisis on steroids' and highlighting the necessity of new housing development to ensure that essential workers, such as teachers and nurses, can afford to live in the city.
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