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Originally Posted by Ahoi
Thank you NYguy for your answer.
Is there a statute of limitations on this RFP? Or what is the latest date a winner has to be announced? We are promoting the construction of 350 Park Avenue but we as the City of New York do not need affordable housing.
After almost a year and still no decision how disappointing.
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The city DOES need affordable housing. It just doesn’t need it in Hudson Yards. But this is a state owned site, and they want to make a show of it. I would argue that much more affordable housing is needed all over the city. But that’s another issue. Meanwhile, the state has required at least 30% affordable housing in the bids. Peebles has said his bid includes 40% affordable housing. But there is a holdup at the state level.
