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Less than a year after the city passed a comprehensive rezoning of Far Rockaway, the city's Department of Housing Preservation and Development and Housing Development Corp. also reported on Wednesday they recently closed on construction financing to deliver 457 units of affordable housing for the initial phase of the Far Rockaway Village project.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
May 09, 2025
Leasing revenue jumped 13% year-over-year, and capital markets services were up 15%.
May 09, 2025
There was also increased interest from lenders.
May 09, 2025
Young families pay as much as half their monthly income for rent and childcare.
