"The center's analysis identified specific development opportunities at multiple locations, such as Lehman College, York College, Brooklyn College, City College, Bronx Community College and Queensborough Community College. But the College of Staten Island's Willowbrook campus offers particularly strong potential. The 204-acre campus devotes more than 25 acres to parking. Redeveloping a single 5-acre parking site could generate roughly $500,000 to $900,000 in annual revenue while preserving most campus parking, according to the report. Four such projects could produce $2 million to $3.6 million."
"The campuses are all located in residential neighborhoods with a growing demand for housing, the report continues. Other locations identified by the organization include Queens College in Flushing and Kingsborough Community College in Brooklyn. At Queens College, two parking lots covering 2.2 acres could support more than 200 homes and generate approximately $1.2 million to $1.9 million in annual revenue, according to the group."
Conversion of underused parking lots and vacant land on City University of New York campuses into affordable housing could address housing shortages while generating $30–$55 million annually for the city and CUNY campuses. Identified development opportunities include Lehman, York, Brooklyn, City, Bronx Community, Queensborough, Queens College, Kingsborough and College of Staten Island. College of Staten Island’s Willowbrook campus has over 25 acres devoted to parking; redeveloping a single 5-acre site could yield $500,000–$900,000 annually while preserving most parking. Two Queens College lots (2.2 acres) could support 200+ homes and generate $1.2–$1.9 million annually.
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