NYC Selects GFP Real Estate to Redevelop 100 Gold Street Into 3,700 Housing Units<\/a><\/p>\nThe developer would need to sign a ground lease with the city, which owns the land, and also build off-site facilities for the Department of Health and Mental Hygiene<\/b>.<\/p>\n
\u201cThe redevelopment of the Bloomingdale site will result in critical housing for this neighborhood in Manhattan and continues to cement Mayor Eric Adams<\/b>\u2019s legacy as the most pro-housing administration in New York City history,\u201d EDC CEO Andrew Kimball<\/b> said in a statement. \u201cThe redeveloped site will bring much-needed affordable housing units, as well as a brand-new Bloomingdale branch for the New York Public Library.\u201d<\/p>\n
While the EDC did not disclose how many units it hopes to gain from a public-private partnership with a developer, the agency stressed that a housing infusion at the site will be possible as of right through the City of Yes<\/b>, which was passed by New York lawmakers in December 2024.<\/p>\n
The housing development would be half a block southeast of a re-energized section of the Upper West Side that is surrounded by high-rise condominium towers, and has retail components leased to major retailers such as Whole Foods<\/b>, HomeGoods<\/b> and T.J. Maxx<\/b>.<\/p>\n
Across the street to the north is a New York City Fire Department<\/b> house with apartments managed by the New York City Housing Authority<\/b>.<\/p>\n
Mark Hallum can be reached at mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The New York City Economic Development Corporation (EDC) is looking for developers to bring housing to the Upper…\n","protected":false},"author":3,"featured_media":427393,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[198886,5229,198887,7065,405,403,198888,198889,5226,5225,5228,5227,153,67,586,132,5230,68,2969],"class_list":{"0":"post-427392","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-150-west-100th-street","9":"tag-america","10":"tag-andrew-kimball","11":"tag-housing","12":"tag-new-york","13":"tag-new-york-city","14":"tag-new-york-city-economic-development-corporation-nycedc","15":"tag-new-york-public-library-channel","16":"tag-newyork","17":"tag-newyorkcity","18":"tag-ny","19":"tag-nyc","20":"tag-policy","21":"tag-united-states","22":"tag-united-states-of-america","23":"tag-unitedstates","24":"tag-unitedstatesofamerica","25":"tag-us","26":"tag-usa"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/427392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=427392"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/427392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/427393"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=427392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=427392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=427392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}