In wake of failed Inwood rezoning, city returns with new affordable housing pitch | The Real Deal

By Will Parker

De Blasio administration wants to bring “100% affordable” apartments to the site of a library

Inwood Library at 4790 Broadway

Inwood Library at 4790 Broadway

It was less than six months ago that Mayor Bill De Blasio lost a pivotal battle to rezone and redevelop a corner lot in Inwood into a residential tower with market-rate and affordable housing. But now his administration is back with the beginnings of a separate proposal for the area promising much deeper affordability.

The Housing Preservation and Development agency announced Thursday that it would partner with the Robin Hood Foundation and the New York Public Library to explore redevelopment for affordable housing at the Inwood Library, located at 4790 Broadway.

According to a release from the city, residential plans for the site will include “100% affordable housing.” Funding for a new library, which will stay at the site, will be sourced by HPD and Robin Hood.

Read more: In wake of failed Inwood rezoning, city returns with new affordable housing pitch | The Real Deal

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