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A busy New York developer is plowing ahead with plans to bring more than 200 units of affordable housing and new space for a church to Jamaica.
Haussmann Development is moving ahead with plans for a major residential project in Jamaica, Queens, taking over a stalled KD Sagamore Capital site and upping the unit count.
Haussmann Development closed on a $7.5-million land purchase of 10,166 square feet for a new mixed-income development located on 16-20 Convent Ave. in West Harlem. The 10-story development will transform the vacant space into 75 apartments, including 15 affordable at 60% Area Median Income (AMI), with one- and two-bedroom layouts.
Haussmann Development has acquired a vacant lot in Harlem and plans to build a 10-story residential building on the site. Haussmann, through the entity 16 Convent, bought the 10,166-square-foot lot at 16-20 Convent Avenue from Global Asset Properties, which used the entity 116 Convent Avenue, for $7.5 million, according to city records made public Monday.