Resorts World Casino, alongside Cirrus Workforce Housing and labor unions, announced a transformative plan to develop up to 50,000 workforce housing units across New York City over the next 20 years. This initiative, revealed on May 15, focuses on addressing the cityâs affordability crisis by providing housing specifically for middle-class workers. RWNYC will invest over $500 million, with union partnerships essential in the construction process. Leaders within the labor community emphasize this deal as vital for enabling workers to remain in their neighborhoods.
More than 150 attendees gathered at RWNYC's headquarters to hear about a housing initiative expected to create up to 50,000 workforce housing units over 20 years.
RWNYC has committed over $500 million to the workforce housing initiative, marking it as a significant move addressing New York City's housing affordability crisis.
Labor leaders describe this deal as critical to responding to the deepening housing shortage, aimed at helping working New Yorkers stay in their communities.
This partnership aims to finance and construct new housing projects specifically for middle-class workers, utilizing union partnerships as a central part of the labor process.
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