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Monitor Point Deal Includes Affordable Housing | Real Estate News
Description
Greenpoint’s long-waiting Monitor Point development just got the green light — 1,300+ apartments replacing an old truck wash, with a major win for affordability: 662 units now reserved for low-income, senior, and formerly homeless residents. After heated debate, the deal includes key community wins: finishing Bushwick Inlet Park, funding park upkeep, public bathrooms, and subway upgrades. It’s a compromise that prioritizes long-term community benefit over perfection — and signals a bigger push to build housing with real equity.
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