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East Village’s New Affordable Housing Hub | New York City News
Description
Mayor Mamdani’s bold new initiative in the East Village turns an underused NYPD parking lot into “The Aurea” — 131 deeply affordable homes, a senior center, and community spaces, with 30% reserved for formerly homeless New Yorkers. Designed with green roofs, all-electric systems, and on-site support, the project uses a community land trust to ensure residents lead and steward the space. It’s the first of its kind under Mamdani’s leadership and a major step toward his goal of creating or preserving 400,000 affordable homes in the next decade — turning vacant land into vibrant, supportive neighborhoods.
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