The non-profit Catholic Charities has begun work on turning a former Astoria parking lot into an affordable housing development.
The new $62 million Bishop Valero Residence will provide 102 units of affordable apartments for low-income seniors and formerly homeless adults with supportive services in Astoria, Queens.
The project will be built on the former parking lot of the current Catholic Charities Catherine Sheridan Senior Housing, which is located directly across the street on 31st Road in the Astoria community of Queens.
“We are pleased to begin the construction of the Bishop Valero Residence,” said Monsignor Alfred LoPinto, Chief Executive Officer, Catholic Charities Brooklyn and Queens.
“Affordable housing is one of the biggest crises facing New York City. As one of the largest faith-based developers of affordable housing in the country, we understand how true this statement is. This project will provide much needed housing to low-income seniors and supportive environment for formerly homeless, and allow the residents to live safely, comfortably and independently for as long as possible. There are thousands of individuals in need of affordable housing in New York City, and we cannot build fast enough.”
The development team consists of Dattner Architects; Monadnock Construction, Inc., General Contractor; KOW / ARMA Consultants, Owner’s Representative; Bright Power, Inc., Sustainability Consultant; and A. Larovere Consulting, Development Consultant.
Read the full article on Real Estate Weekly’s website.