NEW YORK | 100 Gold St | FT | FLOORS

[NYguy]

The city will create 2,000 housing units at 100 Gold Street in Lower Manhattan.



https://www.bisnow.com/new-york/news/mul...sing-goals-in-annual-city-address-127482

January 9, 2025 Ciara Long

New York City Mayor Eric Adams, in his annual State of the City address Thursday afternoon, called for more development of housing on city-owned sites, including a 2,000-unit project in the Financial District.

“From the brownstones in Harlem to the high-rises in Midtown, we will say yes to more housing and yes to a more family-friendly city,” Adams said onstage at the Apollo Theater in Harlem, announcing a new platform that plays on last year’s rezoning push: “City of Yes for Families.”

The goal is to work with the city’s housing agencies to build more family-sized units, allowing for parents, grandparents and children to live under the same roof, he said. That includes redeveloping the Bloomingdale Library with 800 units and a new library facility.

...Adams has bigger plans for Manhattan too.

“We’ll start to use the new zoning tools we secured from Albany and our City of Yes plan to add 100,000 new homes in Manhattan and reach a total of 1 million homes in the next decade,” he said. “We call it ‘The Manhattan Plan.’”

Adams said his administration had exceeded promises made in last year’s address to build 24 housing projects on public sites totaling 12,000 new units. He committed to more in 2025, including a 2,000-unit housing development at 100 Gold St.

The Department of Housing Preservation and Development occupies the nine-story, 1960s-built office building near City Hall, which would likely be replaced by a mixed-income project under Adams' plan — a move praised by advocacy group the New York Housing Conference.

https://www.nyc.gov/office-of-the-mayor/...da-make-new-york-city-best-place-raise-a

And this year, with City of Yes for Families, we move forward with the first sites. Including over 2,000 new mixed income homes at 100 Gold Street, where many of our city staff work today. We've already introduced five neighborhood plans to build up to 50,000 homes from Brooklyn to the Bronx. And this year, we'll go even bigger and start bringing a new generation of housing to Manhattan.

Over the decades, housing prices in Manhattan have gone up while working class families have been pushed out. So, we'll start to use the new zoning tools we secured from Albany and our City of Yes plan to add 100,000 new homes in Manhattan, reach a total of one million homes in the next decade. One million homes in the next new decade. We like to call it the Manhattan Plan.

https://www.nyc.gov/office-of-the-mayor/...k-city-best-place-raise-family-fourth#/0

In 2025, the Adams administration will continue that work and advance the first sites for development, including 100 Gold Street, where over 2,000 new homes will be created just steps away from City Hall. The Adams administration will also advance housing projects at 395 Flatbush in Downtown Brooklyn, on the waterfront at Coney Island West, and in St. George on Staten Island. Collectively, these housing projects and others are expected to produce over 8,700 units, with additional public sites to be announced later this year.