
"A Park Avenue lot that has long served the NYPD is set to make way for one of East Harlem's largest affordable housing projects. The development plans include a 19- to 20-story building featuring hundreds of deeply subsidized apartments, nearly 100 supportive units for formerly homeless residents, and a multipurpose Afro-Latin performance and education center. Developers say the project will also include a replacement garage, allowing the police department to retain its parking while the neighborhood gains new housing."
"As outlined by the New York City Department of Housing Preservation and Development, the site is the former NYPD 25th Precinct parking lot on the east side of Park Avenue between East 118th and East 119th Streets and is being advanced as a project called Timbale Terrace. Public filings and hearing materials list Lantern Organization and Mega Group Development on the team, and the proposal was reviewed by the City Planning Commission in late 2023, according to CityLand."
A Park Avenue lot formerly used by the NYPD will be redeveloped into a 19- to 20-story affordable housing building called Timbale Terrace. The development will contain roughly 340 apartments, including about 97 to 99 supportive units for people who have experienced homelessness. Ground and lower floors will house Casa Belongó, an Afro-Latin music and arts center led by Arturo O'Farrill, in approximately 20,000 square feet of cultural space. The building will feature terraces, community rooms, and on-site social services. The project includes a replacement garage to preserve NYPD parking. The estimated cost is about $255 million with targeted low rents.
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