Feb 19 • 23:02 UTC 🇦🇷 Argentina Clarin (ES)

Good news for New York: Kathy Hochul completed the first hotel-to-affordable housing conversion project

The first conversion of a hotel into affordable housing in New York, led by Governor Kathy Hochul, has been completed in Queens.

In a significant move to address the housing crisis in New York, Governor Kathy Hochul has completed the state's inaugural project that converts a former hotel into affordable housing. The project took place in Queens, transforming a vacant hotel near JFK airport into apartments tailored for families and individuals with limited incomes. This milestone serves as part of a broader strategy to tackle the pressing issue of affordable housing in both the city and the state.

The newly developed Baisley Pond Park Residences in South Jamaica aims to provide not only affordable living spaces but also necessary community services, addressing the needs of not only local Queens residents but also those who have been facing housing challenges. The initiative showcases a commitment to finding innovative solutions for low-income individuals and families who often struggle to find suitable housing in a city known for its high living costs.

This project signals a pivotal step forward in New York's ongoing battle against housing shortages and sets a precedent for future developments. The successful conversion of hotels into residential spaces indicates that such strategies could be key in alleviating the housing crisis, helping to ensure that more residents have access to affordable and stable housing options amidst rising rental prices throughout the region.

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