NEW YORK CITY-Community Board 3 may likely to approve a proposalfor a major redevelopment project on a city-owned site locatedsouth of 96th Street. If everything goes according to the plan, thefive parking lots will be converted into a huge complex measuring1.65 million square feet.
The plan called as the Seward Park Mixed-Use Development Projectwill have 60% commercial space and 40% residential space featuringapproximately 900 apartment units, of which affordable units willbe half the number. For the full story, go to Crain's New York Business .
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