City looks to build mixed-use project with up to 900 homes on Hunter’s Point South parcel
Image courtesy of the Department of Housing Preservation and Development
The city is seeking a developer to build a mixed-use development on one of the last vacant parcels in the Hunter’s Point South neighborhood of Long Island City. The Department of Housing Preservation and Development last week issued a request for proposals for Parcel E, the sixth of seven sites that are part of the city’s 30-acre redevelopment of the waterfront. For this project, the city wants a multi-tower, mixed-use project with between 850 and 900 apartments, with up to 70 percent of them affordable.
After its bid to host the 2012 Olympics failed, the city approved the Hunter’s Point South development in 2008, with the goal of transforming 30 acres of the industrial East River waterfront into a mixed-use community with 5,000 apartments. So far, five of the seven parcels (A, B, C, F, and G) have been developed, bringing 3,000 homes, new retail, schools, and an 11-acre public park to the area.
Parcel E measures about 69,500 square feet, located between 2nd Street, Center Boulevard, 55th Avenue, and 56th Avenue. The city wants to build up to 900 new homes, with 60 percent to 70 percent of the units designated as affordable to households earning 120 percent of the area median income. The RFP will mandate at least one 100 percent affordable building.
According to HPD, this project will provide deeper levels of affordability and more affordable units compared to previous phases, in response to “an ever-present affordability crisis.”
The city hosted public meetings and presentations over four months and received over 1,300 responses to a survey about the development of Parcel E that detailed the need for deeply affordable apartments for families, more recreational spaces, and diverse retail options.
“Bringing 100% affordable housing and mixed-income housing to Parcel E is a step in the right direction to ensure our neighbors can have a long-term future in this city,” Council Member Julie Won, said.
“As the project enters the RFP process, the City must prioritize community input collected in 2024 and ensure our neighbors’ feedback for housing, public amenities, and open space is adequately incorporated.”
Hunter’s Point includes parcels A and B, developed by Related Companies, C by TF Cornerstone, and F and G, developed by the Gotham Organization and RiseBoro. Together, the development has so far created over 3,200 total units, with about 2,000 of them affordable, 35,000 square feet of retail, 34,000 square feet of community facilities, and three schools.
Submissions for the RFP for Parcel E are due September 5.
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