Peninsula Hospital

Next phase of affordable Far Rockaway development breaks ground

Rendering by Aufgang Architects

April 2, 2025

Next phase of affordable Far Rockaway development breaks ground

Construction is set to begin on an affordable residential building within a new development in Far Rockaway. As first reported by Commercial Observer, Tishman Speyer's TS Communities announced it secured financing and will break ground this month on Edgemere Commons A2, a 100 percent affordable building at 337 Beach 52nd Street and the second all-affordable development within the larger Edgemere Commons complex. The building will rise 18 stories and deliver 244 affordable apartments ranging from studios to three bedrooms, for households earning between 40 and 80 percent of the area median income.
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134 affordable apartments available at massive Far Rockaway development, from $617/month

Rendering by Aufgang Architects

April 19, 2024

134 affordable apartments available at massive Far Rockaway development, from $617/month

By Aaron Ginsburg

Applications are now being accepted for 134 affordable apartments at a new residential complex in Far Rockaway. The apartment building is part of the first phase of Edgemere Commons, an 11-tower development with over 2,000 affordable homes, retail, community space, health care facilities, and outdoor public space. New Yorkers earning 30, 60, and 80 percent of the area median income, or between $24,480 for a single person and $140,080 for a household of seven, can apply for the apartments, priced from $617/month for one-bedroom homes to $2,665/month three bedrooms.
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Affordable Housing

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

All renderings by Aufgang Architects

November 15, 2019

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

By Dana Schulz

The City Council voted yesterday to give the go-ahead to the Arker Companies' massive redevelopment of the former Peninsula Hospital site in Far Rockaway. Named Edgemere Commons, the 11-building project in the Edgemere neighborhood will include 2,050 units of affordable housing, the largest such project by a private developer under the de Blasio administration. It will also have commercial, community facility, and retail space, including a new supermarket, as well as a playground and a public plaza (rendering also show, of course, a food hall). After 104 years, the hospital closed in 2012 due mainly to financial troubles. The Edgemere Commons project hopes to "reactivate the site" and "spur economic growth in Far Rockaway," according to a press release.
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Peninsula Hospital

Next phase of affordable Far Rockaway development breaks ground

134 affordable apartments available at massive Far Rockaway development, from $617/month

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

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