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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.
© Touchpoint Markets, 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 inforrmation visit Asset & Logo Licensing.
July 11, 2025
More supply is entering the market.
July 11, 2025
Net absorption is expected to remain positive and possibly even rise in the coming months.
July 11, 2025
Affordability issues have left 3.4 million homes available for rent or sale sitting empty.