NYC HPD Releases RFP for Hunter’s Point South Parcel E
A request for proposals (RFP) was recently released by the New York City Department of Housing Preservation and Development (HPD) seeking a developer for the city-owned 69,500-square-foot Parcel E within the 30-acre Hunter’s Point South section of Long Island City, Queens. The site bound by 2nd Street, Center Boulevard, 55th Avenue, and 56th Avenue is anticipated to deliver approximately 850-900 residential units, of which at least 60% will be designated for affordable housing, 20,500 square feet of new retail space and 16,400 square feet of community facility space, and approximately 1,800 square feet of publicly accessible open space. The previously industrial area along the East River Waterfront is being redeveloped developed in multi-phases into a mixed-use, mixed-income community after a reevaluation by the city following a failed bid to host the 2012 Summer Olympic Games. The site was divided into seven parcels and upon full development completion will include approximately 5,000 new residential units of which about 3,000 will be affordable and income-restricted to low- and moderate-income households. Development completion of five of the seven sites has delivered over 3,000 residential units (over 2,000 of which are affordable), retail and community facility spaces, three new schools, and Hunter’s Point South Park, an 11-acre public open space.