Posted Nov 2, 2025, 10:56 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Great State of NJ
Posts: 49,284
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NYCEDC Continues to Advance the Reimagining of Gansevoort Square, Announce Selected Developer to Build New Mixed-Income Housing Units on Residential Site
Oct 31 2025
Quote:
Gansevoort Square Partners, a Joint Venture Comprised of Douglaston Development and Kinwood Partners, Selected to Build 590 Units of New, High-Quality, Mixed-Income Housing Units, Ground Floor to Feature Local Retail, and Community Spaces Enhancing the Cultural Corridor
Up to 55 Percent of Units to be Permanently Affordable, Exceeding 50 Percent RFP Goal, Without the Use of HPD Subsidy
The Gansevoort Square Redevelopment Project—Including Residential Site and Whitney Museum Expansion—Expected to Generate 3,700 Construction Jobs, 160 Permanent Jobs, and $1.1 Billion in Economic Impact
Advances Broader Commitment of the Reimagining of Gansevoort Square and Cementing Meatpacking District as Premier Global Destination and Economic Engine, Announced in Mayor Adams’ Fourth State of the City Address
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Following today’s announcement, the development team will begin site investigations and advance its designs ahead of residential construction, which is expected to begin as early as 2028. The project anticipates certifying into the Uniform Land Use Review Procedure (ULURP) by early 2027, with a goal of ULURP approval by the end of 2027.
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https://edc.nyc/press-release/nycedc...sevoort-square
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