HPD COMMISSIONER BEEN ANNOUNCES DEVELOPMENT TEAM TO BUILD 208 NEW AFFORDABLE APARTMENTS FEATURING ACTIVE RETAIL AND COMMUNITY SPACES IN FLUSHING, QUEENS

FLUSHING (QUEENS), N.Y. – April 28, 2015 – (RealEstateRama) – The New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been today announced the selection of a development team for the Flushing Municipal Lot 3 in the Flushing neighborhood of Queens. The joint venture between Asian Americans for Equality (AAFE), HANAC Inc., and Monadnock Development was selected as the development team for this project through a competitive Request for Proposals (RFP) process. The development team’s plan, called One Flushing, includes the creation of 208 units of housing affordable to households earning between $24,200 – $72,600 annually for an individual and $34,520 – $103,560 for a family of four.


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