New York Governor Kathy Hochul, New York City Mayor Eric Adams, and the Institute for Community Living (ICL) today announced the completion of Nevins Street Apartments, a $72 million mixed-use housing development that creates accessible, supportive and affordable homes in Downtown Brooklyn.
The development complex includes a renovation of a century-old building and the construction of a new, adjacent 10-story building. Nevins Street Apartments features 129 affordable apartments, including 78 supportive homes reserved for individuals who need tailored services to live independently and 6,000 square feet of commercial space.
“In the wake of the pandemic, it is critical that we take bold action to make New York a more affordable place for all, and that is why my administration launched a comprehensive $25 billion affordable housing plan to help ensure every New Yorker has access to safe, affordable housing,” said Governor Hochul. “New York is committed to tackling the housing crisis with transformative projects like Nevins Street Apartments that drive neighborhood revitalization and provide New Yorkers with the support and stability they need to thrive.”
Nevins Street Apartments is part of Hochul’s sweeping plans to make housing more affordable, equitable, and stable. The governor has introduced and successfully secured, in the recently enacted state budget, a new $25 billion, five-year, comprehensive housing plan that will increase housing supply by creating or preserving 100,000 affordable homes across New York, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes.
“We need to solve the crisis of homelessness with the crisis of housing, and I am proud to have supported a project as borough president and now as mayor that helps us do exactly that,” said Mayor Adams. “This project represents exactly what we need more of in New York City: collaboration between city and state to provide affordable homes for families in shelters, New Yorkers struggling with mental health challenges, or veterans who have served our country bravely and need a place to call home.”