Just a week after the City Planning Commission voted to approve the massive Innovation QNS plan in Astoria, the developers behind the $2 billion project have sweetened the deal in the hopes of winning the support of Councilwoman Julie Won, whose approval will likely sway the vote when it comes before the City Council early next month as part of the city’s public review process.
The Innovation QNS team met with Won on Sept. 16 and sent a letter to her on Sept. 27 presenting an improved plan to make 40% of the project’s 2,800 apartments permanently affordable as opposed to the initial 25% in the original proposal. They also proposed to make 500 of those rentals at 30% of the area median income.
The developers behind the proposal — Silverstein Properties, BedRock and Kaufman Astoria Studios — also committed to hiring at least 30% of its construction workers from the local community.
Read the full article here: https://qns.com/2022/09/innovation-qns-developers-offer-more-affordable-units-in-plans-for-2-billion-astoria-megaproject/
