More Market-Rate Housing for 35-Story ‘NextGen’ Tower in LaGuardia Houses
More market rate housing than previously believed is coming to the proposed tower inside the LaGuardia Houses complex.
In the year since the city released its Request for Proposals (RFP) for the project, there has been little progress to note. As previously stated, the cash-strapped NYCHA pitched the mixed-income rental tower as part of their NextGen Neighborhoods Program – seemingly on hiatus – to activate “underutilized” spaces on NYCHA land. In this case, the infill is on the site of the parking lot trash and compactor – equating to “approximately 18,000 square feet and bounded by Madison Street, the NYCHA campus and the Little Flower Playground,” according to HPD.
At first, the plan called for a 50-50 split between affordable and market rate housing. Now, it’s higher for the latter.
NYCHA officials met with LaGuardia Houses tenants this past Monday and detailed how the composition could be as much as 75-percent market rate apartments.
LaGuardia Houses was selected for the NextGen program given necessity for repair, available land, and revenue potential. The city previously estimated $70 million in capital repairs are required to rehabilitate the 60-year-old buildings.
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