Deal Brokered on Affordable Housing at Willets Point

A deal for below-market rate housing at Willets Point has been brokered, with an announcement scheduled for 1 p.m. today. We’ll have more later, but affordable housing group ACORN, local Councilman Hiram Monserrate and the Bloomberg administration reached an agreement to set 35 percent of the more than 5,000 planned units as below-market rate, with over 800 for low-income families.

Deal Brokered on Affordable Housing at Willets Point