2,200 new homes headed to East New York Mayor Bloomberg broke ground on Thursday for a residential development in East New York that will eventually house up to 7,000 people. The 2,200 affordable homes will be a part of the Nehemiah Spring Creek Houses at Gateway Estates, a mixed-use project unfolding over 227 acres in the Brooklyn neighborhood.
The project will include a 625,000-square-foot retail center, a public school, and more than 100 housing units for senior citizens. Sales prices for the new single-family homes are expected to start at $158,300, and the first homes are expected to be finished by the end of 2007. The city plans to provide direct housing subsidies of $46,000 for each of the homes, as well as $30 million in infrastructure costs for the mixed-use project as a whole Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/