HDSN, a massive residential development with almost 1,400 homes, a 28-story hotel, and a museum devoted to climate change, is heading to Manhattan's Far West Side. A partnership of BXP, Inc., BRP Companies, The Moinain Group, and Urbane will construct the $1.35 billion project at 418 11th Ave., a state-owned site between West 35th and West 36th streets near the Jacob Javits Convention Center. Thirty percent of the units in the 72-story residential tower will be permanently affordable, with the area median income levels ranging from 60% to 130%, or about $93,000 to $202,000 for a family of four. Construction on HDSN should begin in about 3.5 years, with the residential portion finished first. Identifying state-owned sites for housing has been a major priority for Gov. Kathy Hochul, and this site is one of the last remaining ones the state owns in Manhattan. The city has also been targeting sites it owns for residential projects, announcing that a parking lot currently used by the NYPD in the East Village will become a project that can likely accommodate between 50 and 100 homes. Read more from reporter Eddie Small: https://lnkd.in/gXx32e_D
