Real Estate

De Blasio Donors Tapped To Build Luxury Buildings On NYCHA Land

A proposed project will bring 500-unit luxury apartment building on parking lots owned by NYCHA, the New York Daily News reported.

BOERUM HILL, NY — Donors to Mayor Bill de Blasio were chosen to build two luxury apartment towers on parking lots owned by the New York City Housing Authority in Boerum Hill, the New York Daily News reported.

The city selected Arker Companies and Two Trees — whose owners raised a combined $124,000 for de Blasio — to build two 16-story buildings at 120 Third Ave., the News reported.

A spokesman for the mayor told the paper the donations had no influence over the decision to select the developers for the project.

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The towers, which will take over parking lots at the Wyckoff Gardens NYCHA development, will have 500-units and half of them will be affordable, according to the paper.

In 2015, the city announced plans to build market-rate and affordable apartments to "underutilized" land at NYCHA projects in Manhattan and Brooklyn, which Wyckoff residents feared would push and price them out of the neighborhood, DNAinfo reported.

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The city released a request for proposal in 2016 for the project and selected Arker and Two Trees to build the towers on Thursday.


Image: Cindy Ord/Getty Images for NARAS

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