NEW YORK CITY-Following up the 2008 rezoning of Hunter’s PointSouth in Queens, the Bloomberg administration on Monday issued RFPsfor the first phase of redevelopment there. It calls for 1,000 newhousing units, at least 600 of which will be affordable formiddle-income renters.

Reportedly the largest affordable housing development in thecity since the early 1970s, when Co-op City in the Bronx andStarrett City in Brooklyn were completed, the 1,000 new units willbe built on a 56,800-square-foot parcel on formerly industrial landalong the Queens waterfront. It’s also the largest affordabledevelopment in the history of the Bloomberg administration’s NewHousing Marketplace Plan, which seeks to create or preserve1650,000 units of affordable housing.

“It has been decades since New York has seen a project of thisscale with the aim of creating a haven of affordability for ourhardworking families – the teachers, health care workers, veterans,municipal employees, and first-responders who are the irreplaceablebackbone of our city,” says Rafael Cestero, commissioner of theDepartment of Housing Preservation and Development, in astatement.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.