New York City officials, including Mayor Eric Adams, have initiated a $400 million housing project on the North Shore waterfront in Staten Island. The planned 500-unit development aims to provide homes for families, with 25% of units reserved for low to moderate-income households. While construction won't begin until 2027, the project is noteworthy for its commitment to mass timber construction, an environmentally friendly choice that reduces carbon emissions. By revitalizing the former Stapleton Homeport site, city officials also signal their dedication to enhancing the often-overlooked outer boroughs.
"The new Stapleton waterfront is a critical piece of our efforts to give people the homes they need, because everyone deserves a place to live and to raise a family."
"About a quarter of the 500 units planned in the development will be reserved for families earning between 40% and 80% of the area median income, according to the mayor's office."
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