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Two Developers Named to Build Affordable Housing Complex

NEW YORK CITY—Located in East Harlem, the site will feature 655 affordable apartments, including 163 that are permanently affordable.

SustaiNYC East 111th Street The mixed-use complex will be on the SustaiNYC development site on East 111th Street. Photo: Handel Architects

NEW YORK CITY—A development team led by Jonathan Rose Cos.—and including L+M Development Partners and several community partners—have been tapped to build a new, 655-unit, 100% affordable housing project in East Harlem. The property will sit on the SustaiNYC development site on East 111th Street.

The selected development proposal will become the largest passive house in the nation. It will be a mixed-use, sustainable development that will bring 655 affordable apartments to the East Harlem community. As a result of Mandatory Inclusionary Housing rules, 163 of the total 655 affordable apartments will be permanently affordable.

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Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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